Subaru considers ways to fix its supply problem
Subaru, which employs about 3,600 people in Lafayette, is taking measured steps to expand its production capacity, but today it is worried about running out of cars.
Subaru, which employs about 3,600 people in Lafayette, is taking measured steps to expand its production capacity, but today it is worried about running out of cars.
Executives at the company, which counts Toyota Motor Corp. as its biggest shareholder, will begin discussions this month through next year to determine the long-term direction of the Tokyo-based company.
The once-promising firm that had planned to build high-tech police cars at a Connersville plant filed for bankruptcy Friday, listing liabilities of $21.7 million.
Toyota says it is hiring slightly more new workers than first expected as it increases production at its southwestern Indiana factory.
Executive vice presidents of a company that planned to build high-tech police cars at an eastern Indiana factory are seeking more than $600,000 in deferred wages.
Allied Specialty Vehicles announced Thursday it was buying Monaco RV and shifting production to a factory in Decatur, near Fort Wayne. The 520 jobs lost in Wakarusa won't be replaced on a one-to-one basis.
The Japanese car maker already employs about 3,600 people at the plant and builds the Legacy and Outback cars and the Tribeca SUV. With the new investment, it will boost capacity by 100,000 cars and begin making the Impreza.
Subaru plans to expand its Lafayette factory and add hundreds of workers to build the Impreza small car there, a source briefed on the matter says.
Fuji Heavy Industries Ltd., the Japanese maker of Subaru cars, intends to end a shortage of its vehicles at U.S. dealerships soon by expanding capacity at its Lafayette plant.
In Indiana, GM plans to spend $29.4 million for a metal castings plant in Bedford to make parts for small engines and for the new eight-speed and existing six-speed automatic transmissions.
Toyota Motor Corp. is revamping the Highlander SUV, turning the car-based crossover into a more wagon-like model as the automaker seeks to keep its U.S. sales rising for a third consecutive year.
The changeup is part of a transition throughout Honda North America Inc.’s operations.
Chrysler Group LLC plans to invest a total $374 million and add 1,250 jobs in Kokomo and Tipton, the company confirmed Thursday.
General Motors on Wednesday said it plans to move 80 jobs from Indianapolis to Pontiac, Mich., as part of a plan to expand its engine and transmission development headquarters.
The maker of Subaru cars is targeting a 6-percent increase in global sales this year, spurred by the introduction of a new Forester SUV model. The company will use its plant in Lafayette to increase output.
Strong U.S. sales in December capped a remarkable year for the auto industry. U.S. sales of models manufactured in Indiana in 2012 by General Motors, Toyota, Honda and Subaru outpaced the national rate, rising 17 percent.
Chrysler Group LLC is betting on huge sales gains to justify the more than $374 million it is considering investing in Kokomo and Tipton to make a new line of nine-speed transmissions.
The Treasury plans to sell its remaining stake in General Motors over the next 15 months, allowing the automaker to shed the stigma of being partly owned by the U.S. government.
Chrysler Group LLC on Monday night said it was planning to spend as much $212 million on another expansion in Kokomo that could add more than 400 jobs.
Tipton officials approved a 10-year tax abatement worth $2.5 million to help the company launch production in a nearly 800,000-square-foot plant at U.S. 31 and State Road 28, about 25 miles north of Carmel.