VW Picks an Awkward Time to Raise Its Bet on Rivian to $5.8 Billion
Volkswagen’s already contentious decision to plow billions of dollars into electric-vehicle maker Rivian just got $800 million more awkward. The German manufacturer upset its powerful works council earlier this year when it announced plans to invest up to $5 billion in Rivian.
Rivian Automotive (NASDAQ: RIVN) shares jumped following news that Volkswagen (OTC: VWAGY) upped its potential investment in ...
A fatal crash in downtown St. Louis on November 17 involves a Volkswagen Atlas and a Kenworth Tractor Truck; the Volkswagen ...
Europe's 2025 Volkswagen Tayron will soon be joined by the mechanically and visually similar 2025 Volkswagen Tiguan for North America ...
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Volkswagen: the end of a German industrial myth?In late October 2024, Volkswagen's works council announced that the group's management was considering closing three ...
BYD is set to overtake perennial market leader Volkswagen as China’s biggest carmaker in 2024 after outselling the German ...
Rivian Automotive Inc. and Volkswagen Group have launched their upsized joint venture, vowing to join forces to create ...
Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies ...
Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant ...
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, ...
The joint venture targets Rivian’s existing electrical architecture and software technology stack, enabling the launch of ...
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Why is Volkswagen so important for Germany?The crisis around Volkswagen hits at the very heart of German engineering excellence. With its long history, it's a legend ...
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