Ohio

Dana posts gains in Q4 net income

12:27 pm U.S. ET | Feb. 19, 2015
Powertrain component supplier Dana Holding reported gains in net income for the fourth quarter and 2014, but slipped in revenue in both the quarter and year. Net income for the quarter was $109 million, up from $42 million in 2013....
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Honda to add capacity in Ohio, anticipating truck boom

11:39 am U.S. ET | Feb. 11, 2015
Honda plans to spend $85 million to enable its East Liberty, Ohio, plant to produce a fourth nameplate, a move stemming from the company's bullish outlook for North American truck sales....
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Toledo mayor, a Jeep champion, dies following cardiac arrest

3:29 pm U.S. ET | Feb. 6, 2015
Toledo, Ohio, Mayor Michael Collins -- a leading champion to keep Jeep Wrangler production in the city -- died Friday. The first-term mayor had been stewarding the city's bid to keep production of the Jeep Wrangler at Fiat Chrysler's Toledo Assembly Complex....
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Massive snowstorm hampers auto production, cancels shifts

11:37 am U.S. ET | Feb. 2, 2015
More than 16 inches of snow pummeled parts of southeast Michigan overnight, causing some Ford, Chrysler and GM assembly plants to cancel shifts for at least part of today....
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LARRY P. VELLEQUETTE

Why Marchionne's Wrangler conundrum will require creativity

12:22 pm U.S. ET | Jan. 19, 2015
I truly believe that FCA CEO Sergio Marchionne would prefer to write a big check and keep the next generation Jeep Wrangler in its historic home in Toledo, Ohio. The problem? There's not much wiggle room right now in the corporate checking account....
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Honda invests $340 million in Ohio for fuel-efficient cars

8:50 am U.S. ET | Jan. 14, 2015
Honda will invest $340 million to build fuel-efficient, gasoline engines in Ohio, as it plans a slate of new electric cars in a push for more vehicles with lower emissions....
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How NSX morphed into U.S.-built twin-turbo monster

2:57 pm U.S. ET | Jan. 13, 2015
When Honda engineers pitched the idea of a revived NSX sports car to President Takanobu Ito, it was just a few weeks after Japan's March 11, 2011, earthquake. The appetite for pricey exotic cars was understandably limited....
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Marchionne says industry may have over-reacted on recalls

12:11 pm U.S. ET | Jan. 12, 2015
Fiat Chrysler Automobiles CEO Sergio Marchionne today said incentive spending in the United States is not excessive and that the industry may have over-reacted on recalls....
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CIVICS LESSON

Cleveland Honda dealers blaze trail with regional ad tactics

12:01 am U.S. ET | Jan. 12, 2015
Northern Ohio Honda Dealers have set upon a new way of getting the word out. Rather than just buy TV and radio advertising in metropolitan Cleveland, the group has gotten heavily involved in charitable, sports and other local events, sometimes with its own advertising....
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LARRY P. VELLEQUETTE

A million Jeeps in 2014 means Marchionne has some hard choices to make

11:26 am U.S. ET | Jan. 6, 2015
One million. That big, round, Doctor Evil-loving, base-ten global sales number has blasted any remaining doubt that 2014 was the Jeep brand's year of the century....
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Honda opens $35 million heritage, training center in Ohio

1:00 pm U.S. ET | Dec. 18, 2014
Honda opened a $35 million heritage and training center in Marysville, Ohio, the city where the company became the first Japanese automaker to build a car -- the Accord -- in the U.S., 32 years ago....
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Shiloh advances product strategy with U.S. tech center, acquisitions

1:59 pm U.S. ET | Nov. 5, 2014
Shiloh Industries is planning to open a new technical center in Michigan as part of the company's efforts to reinvent itself and grow with its automaker customers....
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Wrangler will remain body-on-frame, sources say

3:04 pm U.S. ET | Oct. 23, 2014
The next-generation Jeep Wrangler will continue to be a body-on-frame vehicle and won't switch to unibody construction, Automotive News has learned. As a result, the popular off-roader will likely remain built in Toledo, Ohio, where city and union officials have been fighting for weeks to keep the Wrangler in its historical home....
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LETTER TO THE EDITOR

Keep the Wrangler in Toledo

12:01 am U.S. ET | Oct. 20, 2014
Collectors take note: If you want a real Jeep Wrangler, better buy it now. The Wrangler is special, and it has a large following. The company should improve powertrain efficiency but otherwise leave it alone, and customers will continue to buy it....
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LARRY P. VELLEQUETTE

Why Wrangler’s Toledo decision may depend on keeping the money spigot flowing

12:01 am U.S. ET | Oct. 18, 2014
It’s been just over two weeks since Fiat Chrysler Automobiles CEO Sergio Marchionne casually revealed that he might have to move Jeep Wrangler production out of its historic home in Toledo, Ohio. Why? Because it might cost too much to shut down the plant long enough to convert it for the use of aluminum parts....
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Kia scores LeBron James as first 'luxury ambassador'

4:48 pm U.S. ET | Oct. 16, 2014
NBA superstar LeBron James, following his high-visibility return to the Cleveland Cavaliers this season, has signed on with Kia Motors America as its first luxury ambassador....
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Former Showa exec indicted in U.S. price-fixing probe

12:07 pm U.S. ET | Oct. 16, 2014
A former executive of Japanese auto parts supplier Showa has been indicted by a federal grand jury in Cincinnati on a charge of conspiring to fix the prices of parts sold to American Honda and others....
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In GM bankruptcy, an ex-con and hedge funds find common ground

3:00 pm U.S. ET | Oct. 12, 2014
Roger Dean Gillispie, a former General Motors security guard, spent 20 years in an Ohio prison for rape until a federal court ordered him released in 2011. Now he wants to sue GM for allegedly helping to frame him, and he's getting support from an unlikely source: hedge funds....
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Shiloh acquires stamping firm Radar Industries for $58 million

7:01 am U.S. ET | Oct. 7, 2014
Ohio's Shiloh Industries has acquired metal stamping supplier Radar Industries for nearly $58 million....
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LARRY P. VELLEQUETTE

Wrangler is so engrained in its DNA, the city should be spelled Toledo, OIIIIIIIO

12:12 pm U.S. ET | Oct. 3, 2014
My hometown completely freaked out Thursday. Fiat Chrysler CEO Sergio Marchionne disclosed the next-generation Jeep Wrangler might have to be manufactured somewhere else other than in its historic home in Toledo....
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Dana to expand Ohio HQ, new UAW contract approved

5:56 pm U.S. ET | June 4, 2014
Dana plans to expand its headquarters in suburban Toledo, Ohio, and consolidate workers from other offices in the new space....
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LINDSAY CHAPPELL

Toyota goes where the jets fly

1:03 pm U.S. ET | May 2, 2014
After all the explanations about why Toyota is closing its manufacturing headquarters near Cincinnati, there is still one other factor: the consolidation of the airline industry. Blame it on Delta....
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Ford spending $500 million to build new V-6 truck engine in Ohio

12:01 am U.S. ET | March 28, 2014
Ford is investing $500 million to build a new compact, lightweight turbocharged V-6 engine for the redesigned F-150 pickup at a plant in Lima, Ohio. The smaller V-6 engine should help the venerable F-150 close the fuel economy gap with Chrysler Group's Ram 1500 EcoDiesel, which has a 3.0-liter diesel engine and an industry best EPA rating of 28 mpg highway....
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Ohio Senate panel approves bill allowing Tesla retail stores

6:16 pm U.S. ET | March 25, 2014
An Ohio Senate committee approved a bill barring automakers from selling directly to consumers except for three stores operated by Tesla Motors. The compromise was approved by Tesla and the Ohio Automobile Dealers Association, which had sought to block the automaker's sales model, said Senator Scott Oelslager, the committee chairman....
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Ford to move medium-duty truck line from Mexico to Ohio

7:34 am U.S. ET | March 7, 2014
Ford, which plans to cease making the Econoline van later this year, will revive the Ohio factory where the vehicle is made by investing $168 million to move truck production there from Mexico early in 2015....
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