GM to invest $4B to shift some production from Mexico to United States
The company will add production of the gas-powered Chevrolet Blazer and Chevrolet Equinox, which are made in Mexico, to two American plants starting in 2027.
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Caterpillar planning $60M expansion in Lebanon that would add nearly 700 jobs
The company plans to expand its existing 600,000-square-foot facility in Lebanon Business Park.
Turchetti’s meat brand shifts focus to wholesale expansion
The company launched its production facility in the Bates-Hendricks neighborhood in August, focused on building a nationally recognized meat brand.
Supreme Court blocks Mexico’s $10B suit alleging United States gunmakers fueled cartel violence
The case began in 2021, when the Mexican government filed a blockbuster suit against some of the biggest gun companies, including Smith & Wesson, Beretta, Colt and Glock.
Aluminum and steel prices surge after Trump says he’ll double tariffs
President Trump hopes the increased levies will protect margins for domestic mills and spur investment in new production capacity.
Stellantis names Italian car executive Antonio Filosa its new CEO
Filosa is currently Stellantis’ chief operating officer for the Americas and chief quality officer.
UPDATE: Trump announces ‘planned partnership’ between U.S. Steel and Nippon
The proposed acquisition, first announced in December 2023, was originally blocked by former President Joe Biden.
Q&A with Stefano dePonti on Dallara USA’s interest in racing, defense and education
Last year, Purdue University announced plans to occupy a portion of Dallara’s downtown Speedway facility as part of a new partnership meant to further develop the university’s Indianapolis presence, including its motorsports engineering program.
Honda pulls back on EV strategy for now, will push hybrid sales
Honda said Tuesday that electric vehicle sales were slowing in the U.S., prompting the automaker to scrap its previous goal for EVs to be 30% of its global vehicle sales by 2030.
Report: Nippon increases investment pledge to $14B if U.S. Steel sale is approved
U.S. Steel first announced plans for the acquisition in December 2023 after another purchase offer from rival Cleveland-Cliffs was rejected.
As Indiana manufacturing grows, ‘we clearly don’t have enough electricity,’ Braun warns
Gov. Mike Braun warned that Indiana needs swift solutions for its bevy of water and energy “challenges” to support the state’s expanding manufacturing sector.
U.S. Sen. Todd Young partners on bipartisan bill to jumpstart domestic shipbuilding industry
Young, R-Indiana, and fellow Sen. Mark Kelly, D-Arizona, reintroduced legislation to jumpstart the country’s “rusted” shipbuilding industry and increase onshore ship production that has largely shifted to China.
Cummins withdraws 2025 financial guidance over tariff uncertainty
Cummins Inc. has become the latest in a string of companies to withdraw its 2025 guidance.
Trump eases tariffs on imported auto parts through executive order
U.S. automakers had said the auto levies as previously announced would raise production costs and hit their profits. The auto industry is one of the biggest drivers of manufacturing jobs in the U.S. economy.
Musk says he’ll spend less time in Washington, more running Tesla after profit plunges
The electric vehicle maker reported a 71% drop in profit and a 9% decline in revenue for the first quarter.
Cecil Bohanon and John Horowitz: If the trade policy ain’t broke, don’t fix it
That U.S. manufacturing capacity and output have declined is fake news.
As Trump considers auto tariffs pause, parts exemptions could be key for industry
Though Trump says his tariffs are intended to bolster U.S. auto manufacturing, automakers aren’t able to reconfigure their sourcing in short periods of time, experts say.
Nvidia plans to manufacture AI chips in United States for first time
The tech giant said it has commissioned more than one million square feet of manufacturing space to build and test its specialized Blackwell chips.
Trump orders new review of Nippon Steel acquisition of U.S. Steel
In January, former President Joe Biden blocked the proposed $14.9 billion acquisition of Pittsburgh-based U.S. Steel by Nippon Steel in Japan. However, President Donald Trump on Monday ordered a new review of the deal.
Stellantis offers to help suppliers pay tariff costs
The discussions highlight how the auto industry is beginning to digest the initial fallout from President Donald Trump’s escalating trade war.