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EV Claims 185-Mile Range
5/21/2012ECOMove ApS, a vehicle developer in Horsens, Denmark, says its QBEAK electric vehicle concept can travel as far as 185 miles per charge because of its innovative lightweight construction.
Audi Growth Plan Could Lead to Management Changes
5/21/2012Volkswagen AG's Audi unit is considering a management overhaul as part of its "Strategy 2020" plan, says WirtschaftsWoche.
German Workers, Employers Agree on 4% Wage Hike
5/21/2012Germany's IG Metall metalworkers union and the country's employers group have reached an agreement that would give workers a 4.3% raise over 13 months.
Ford Begins Shipping Focus EVs
5/21/2012Ford Motor Co. has started distributing its first batch of 350 electric Focus compact sedans to 67 dealers in California, New Jersey and New York, according to Reuters, which cites unidentified sources.
Hedge Fund Makes Takeover Offer for Winnebago
5/20/2012Private equity fund North Street Capital LP has offered $322 million for Winnebago Industries Inc.
Ferrari Facilities Unharmed by Quake
5/20/2012Fiat SpA's Ferrari unit tells The Wall Street Journal its facilities were not significantly damaged by a magnitude 6.0 earthquake early Monday morning in northern Italy.
Mitsubishi Unveils a Pair of Pikes Peak Electrics
5/20/2012Mitsubishi Motors Corp. will enter two electric vehicles in Colorado's Pike Peak International Hill Climb in July.
Apple Patents Steering Wheel-Mounted Remote
5/20/2012Apple Inc. has patented an iPod-like wireless control wheel that clips to the steering wheel and can be used to operate Apple portable media devices which have been linked to the car's audio system, PatentlyApple.com reports.
Brazil Mulls Measures to Spur Auto Lending
5/20/2012The Brazilian government may encourage banks to loosen up on auto loans in an effort to reverse declining vehicle sales and avoid layoffs in the auto industry.
UAW Aims to End Losses in Two Years
5/20/2012The United Auto Workers union, which has been losing money for at least five years, hopes by mid-2014 to break even or even begin to bolster its coffers.