Last June, VW said it would invest $5 billion in Rivian as part of a new joint venture that’s focused on developing a new ...
And now that venture is officially kicking off with an additional $800 million of investment from VW and a near-term goal: ...
Rivian (RIVN) is losing over $1B per quarter, or $30K-$40K on each truck it sells, with current volumes not enough to sustain ...
VW, which plans to close three plants in its home market in Germany due to slow sales, will invest $5.8 billion in Rivian.
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Volkswagen is recalling nearly 115,000 cars due to a dangerous airbag defect. The models affected include certain 2017-2019 ...
Marketing Week’s weekly round-up of the technology stories that impact the marketing sector: from AI to martech, regulation ...
Employees of Volkswagen AG burn red flares during protests and a 'warning strike' of Germany's IG Metall metalworkers' union, ...
VW confirmed today the GTI will make 241 horsepower in our market, down from the 262 ponies that European customers enjoy, ...