Allisonville bridge closure will be abbreviated
The Indiana Department of Transportation will close the busy span over Interstate 465 for five months instead of seven.
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Articles
Adesa to acquire online auction firm for $210M
Adesa said it plans to acquire Redwood City, Calif.-based OpenLane Inc. for $210 million in cash. OpenLane expects to sell more than 300,000 vehicles to dealers this year and generate about $100 million in revenue.
KAR Auctions reports $14M quarterly loss
Carmel-based used and salvaged vehicle auctioneer KAR Auction Services, Inc. said it lost $14.3 million in the second quarter due to the early payoff of debt.
Indiana electric car company gets new owner
Think North America, a company that has been making electric cars at a northern Indiana factory, has a new owner, giving local officials more confidence in its future.
Mike’s unveils new design for new carwashes
Two new carwash facilities in Anderson and West Lafayette will bring the Indianapolis-based chain to 39 stores.
Officials say bridge project can be changed
Officials who want to build two new bridges over the Ohio River and redo a downtown interchange announced Thursday that they've found ways to cut the cost of the project by more than $1 billion.
Electric vehicles gain traction in region
Indianapolis has one of the highest concentrations of plug-in electric vehicle drivers in the nation, an industry official says.
Ener1 stock takes beating after Think write-down
The battery maker has been hurt by slow sales of electric car manufactured in Elkhart.
Indiana State Fairgrounds to host collector car auction billed as world’s largest
Last year’s Mecum auction at Indianapolis reported gross sales of $41.7 million and drew more than 30,000 people.
Auto auctioneer KAR sees quarterly profit surge
Carmel-based KAR Auction Services Inc. announced Wednesday that it pulled in profit of $7.3 million in the three months ended Dec. 31, a 38-percent jump from the $5.3 million earned in the same quarter the prior year.
Wrecker business emerges from sad circumstances
After Tammy and Tony Hanna each lost a parent to cancer, the couple took $175,000 from their parents’ life-insurance policies to start Hanna’s Wrecker Service. It opened in October 2008 with five trucks and 13 employees, and now has seven trucks and 17 workers, and plans to move to a larger site that will allow for additional growth.
Measure would allow photo radar cameras in school and construction zones
Legislature considering use of same technology used to nab those who disregard traffic signals.
Bill would force owners of electric cars to pay fee
Special charge would help offset lost gas-tax revenue.
Pearson Ford buys wholesale car-parts business
Owner John Pearson recently purchased the parts business of Paul Harvey Ford, which is ceasing operations after more than 44 years.
Shareholders approve FinishMaster deal
FinishMaster Inc.’s shareholders this week approved a deal to sell the Indianapolis-based company to a subsidiary of Uni-Select Inc. for $172 million.
FinishMaster to be acquired in $172M deal
Indianapolis-based FinishMaster Inc. announced late Thursday it will be acquired by a unit of Uni-Select Inc. of Canada for $172 million.
Research panel calls for more rigorous traffic safety
National group led by Indiana University professor says U.S. progress doesn’t stack up well against European counterparts.
Fiat dealerships rolling back to metro area
After a three-decade absence from the market, Fiat is coming back to the Indianapolis area with new dealerships in Carmel and Greenwood.
FinishMaster reports higher quarterly sales, profit
The Indianapolis-based distributor of automotive paints and accessories said its third-quarter profit climbed nearly 16 percent, to $3.5 million. Revenue increased 3 percent, to $108.8 million.
Designated driver service coming to Indianapolis
Leave it to a couple of recent college grads to make money off of driving home the liquored-up.