Remy unveils ‘off the shelf’ electric motor
Pendleton-based Remy International today formally unveiled its ‘off the shelf’ electric motors for hybrid vehicles.
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Subaru factory in Indiana rolls out 3 millionth vehicle
Workers at a Subaru plant in central Indiana cheered as its 3 millionth vehicle reached the end of the production line.
Is Indianapolis big enough for ‘car sharing’ concept?
An urban advocacy group is trying to bring a big-city concept to Indianapolis: car sharing. People for Urban
Progress cites environmental benefits as well as cost savings for urban dwellers who might find it practical to ditch their
seldom-used vehicles.
Adesa parent takes first step to becoming public company
KAR Holdings Inc., parent of the Carmel-based auto-auction firm Adesa Inc., has announced its intentions to become a publicly
traded company. KAR filed its registration statement for the initial public offering yesterday with the Securities
and Exchange Commission.
Lithium-ion battery maker names new president
EnerDel, an Indianapolis-based producer of automotive lithium-ion batteries, has named a new president, the company announced
today.
Auto supplier set to accelerate with seat-control software
A company founded by a Westfield chiropractor is in talks to license to automakers software that’s designed to produce
a less-fatiguing ride. Comfort Motion Technologies also wants to make aftermarket versions of the software as add-on modules
that could be used in most any car with a power seat.
Former business owner Hockett sentenced for bank fraud
A federal judge this morning sentenced a former Indianapolis business owner to 18 months in prison after he pleaded guilty
to bank fraud in May.
Carbon Motors files for $310 million loan
Carbon Motors yesterday filed for a $310 million federal loan to help it begin producing high-tech police cars in Connersville.
EnerDel lands $118 million stimulus grant
EnerDel, an Indianapolis-based producer of automotive lithium-ion batteries, will receive $118.5 million in a matching grant
from the federal government.
House bill aims to restore GM, Chrysler dealers
Palmer Chrysler Jeep Dodge on the west side closed last month as part of Chrysler LLC’s bankruptcy reorganization. But
the dealership would sell the company’s cars once more given the chance.
Project aims to make electric plug-in cars a reality
A partnership of electric utilities and technology companies is intent on making Indianapolis the first city in the nation to test plug-in electrics on a mass scale, perhaps starting later this year.
Auto sellers want refuge from industry fallout, but trio of bills have fallen flat at Statehouse
Car dealers fearful of losing their flagship brands if auto manufacturers crash and burn aren’t getting much help from the
Indiana General Assembly.
U.S. 31 project means massive changes for booming retail corridor
Lauth Properties alleges in a lawsuit that the state’s plan to rebuild 13 miles of U.S. 31 in Hamilton County to freeway standards
will cut off access to a property it owns in Westfield, killing plans for a Wal-Mart there.
Leaders driven to finish road linking Interstates 74, 70
Recently elected as a Hendricks County commissioner, Eric Wathen says his top priority is to complete the long-promised Ronald
Reagan Parkway, which would open a congestion-free path through the suburbs of Brownsburg, Avon and Plainfield.
Redevelopment plans threaten Gasoline Alley
Business owners along the fabled Gasoline Alley north of Rockville Road think a proposal to close a north-south road linking
them to the front door of the Indianapolis Motor Speedway will have devastating effects.
Planning for U.S. 31 rebuilding continues
State and federal highway agencies have approved the final environmental impact statement for the 13-mile rebuilding of U.S.
31 from Interstate 465 to 216th Street.
Quest to improve corridors continues in Lebanon
The corridors leading into downtown Lebanon are a step closer to becoming more attractive.
New IRL ethanol deal with Brazil angers U.S. corn growers
The Indy Racing League suddenly finds itself at odds with Midwestern farmers over a decision to make a Brazilian consortium
its ethanol supplier starting next year.
Auto industry requires unparalleled effort
While America’s auto industry is being transformed to become efficient and environmentally conscious, put laid off auto employees
to work educating students.
Dreyer & Reinbold adds Maserati luxury line
In the midst of one of the worst financial markets in decades, Dennis Reinbold has launched Maserati of Indianapolis at his
Dreyer & Reinbold BMW Infiniti-Mini complex on the north side.