Kokomo Tribune; Kokomo, Indiana

Breaking News

Breaking News

May 8, 2013

Subaru invests $400 million in Indiana plant

TOKYO (AP) — Subaru said Wednesday it is investing $400 million to expand its Indiana factory and will add 900 workers to build the Impreza small car there in 2016.

The plant now employs about 3,600 people and builds the Legacy and Outback cars and the Tribeca SUV. It also builds the Camry midsize car under contract with Toyota Motor Corp., the top shareholder in Subaru with a 16.5 percent stake.

Subaru, also known as Fuji Heavy Industries, said it will boost capacity at one of two assembly lines at the plant — the one that is now being used to build the Camry — from 100,000 vehicles to 200,000 vehicles.

It had already announced it would boost production capacity at the other line from the current 170,000 vehicles to 200,000.

Production of the Impreza is expected to start by the end of the 2016, said Subaru spokesman Yoshiaki Tabei.

Subaru sold 724,500 vehicles globally for the fiscal year ended March, up 13 percent from the previous year, with 357,600 of them in the U.S. It sold 163,100 vehicles in Japan.

Subaru's U.S. sales have doubled in the past five years.

U.S. sales of the Impreza, now built in Gunma, Japan, have fallen 31 percent this year, due largely to a shortage of vehicles on dealer lots. Ward's Automotive says Subaru has only enough Imprezas on the ground to supply dealers for 29 days. A 60-day supply is considered optimal.

For the fiscal year ended March 31, Subaru sold 108,000 Impreza cars in the U.S., all imported from Japan.

 

1
Text Only | Photo Reprints
Breaking News
  • Largest solar farm on Superfund site goes online INDIANAPOLIS (AP) — The nation's largest solar farm built on a federal Superfund site is now generating power above a stretch of Indianapolis tainted by a long-shuttered plant's wood-treating operations. The 43-acre Maywood Solar Farm went online la

    April 18, 2014

  • Board member asks for old Indiana school standards INDIANAPOLIS (AP) — A State Board of Education member is calling for a proposed overhaul of Indiana's education standards to be ditched and that the state's old benchmarks be reinstated in classrooms this fall. Board member Andrea Neal said Friday t

    April 18, 2014

  • Cause of fire that killed 2 boys still unknown LAFAYETTE (AP) — A central Indiana sheriff says investigators are continuing to work on what led up to a house fire this month that killed 3-year old twin brothers. Tippecanoe County Sheriff Tracy Brown says county detectives and a state fire invest

    April 18, 2014

  • 101-year-old hurt in fire at home near Muncie Eds: APNewsNow. SELMA, Ind. (AP) — A 101-year-old woman suffered burns and possible smoke inhalation when a fire broke out in her home near Muncie. A neighbor helped Catherine Jane Leach from her burning house Thursday evening and she was sitting in

    April 18, 2014

  • Bloomington mayor vetoes preserve deer hunt plan BLOOMINGTON (AP) — The mayor of Bloomington has vetoed an ordinance that would allow sharpshooters to thin the deer heard at a city nature preserve. Mayor Mark Kruzan says he can't support the proposal and that he also opposed the start of deer hunts

    April 18, 2014

  • Murder Suicide Indiana-6 [Duplicate] 2 Indianapolis officers dead in murder-suicide Eds: Updates with details on shooting, background of officers, comments from police chief, mayor, FOP president, neighbor. With AP Photos. INDIANAPOLIS (AP) — A suspended Indianapolis police sergeant and his police officer ex-wife died in an apparen

    April 18, 2014 3 Photos

  • Actress Meryl Streep receives IU honorary degree BLOOMINGTON (AP) — Actress Meryl Streep can add an honorary doctoral degree from Indiana University to her collection that includes three Academy Awards. University President Michael McRobbie presented the honorary degree to Streep during a ceremony

    April 17, 2014

  • NW Indiana mayor pleads not guilty to charges HAMMOND, Ind. (AP) — A northwestern Indiana mayor, his wife and stepdaughter have pleaded not guilty to federal corruption charges. Lake Station Mayor Keith Soderquist and the others entered the pleas during a federal court hearing Thursday in Hammo

    April 17, 2014

  • Indiana reading test results steady from last year INDIANAPOLIS (AP) — New test results show the reading levels among Indiana's third graders made slight progress from last year. The Indiana Department of Education released data Thursday from the spring 2014 IREAD 3 test showing about 85 percent of

    April 17, 2014

  • Boy killed when hit by semi on NW Indiana street WHITING, Ind. (AP) — Police say an 11-year-old boy died after he was hit by a semitrailer on a busy city street in northwestern Indiana. State police say Angel Villafuerte was trying to cross Indianapolis Boulevard in Whiting when he was struck on We

    April 17, 2014

Latest news
Featured Ads
Only on our website
AP Video
Captain of Sunken SKorean Ferry Arrested Raw: Fire Destroys 3 N.J. Beachfront Homes Raw: Pope Presides Over Good Friday Mass Raw: Space X Launches to Space Station Superheroes Descend on Capitol Mall Man Charged in Kansas City Highway Shootings Obama Awards Navy Football Trophy Anti-semitic Leaflets Posted in Eastern Ukraine Raw: Magnitude-7.2 Earthquake Shakes Mexico City Ceremony at MIT Remembers One of Boston's Finest Raw: Students Hurt in Colo. School Bus Crash Raw: Church Tries for Record With Chalk Jesus Raw: Faithful Celebrate Good Friday Worldwide Deadly Avalanche Sweeps Slopes of Mount Everest Police Arrest Suspect in Highway Shootings Drought Concerns May Hurt Lake Tourism Vermont Goat Meat Gives Refugees Taste of Home Calif. Investigators Re-construct Fatal Bus Cras Mayor Rob Ford Launches Re-election Campaign Appellate Court Hears Okla. Gay Marriage Case
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Obituaries
Poll
Kelly Lafferty's video on Tom Miller