ANN ARBOR, MI -- It has been three years since German engineering firm IAV GmbH opened its North American offices here – a great location to cultivate relationships with domestic auto makers and with the University of Michigan. At the time, the move appeared to be a no-brainer. The U.S. auto industry was humming – along with the economy – and record vehicle sales were just around the corner. Everyone wanted a piece of the action in North America. IAV came along with its engine and ...
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