"There is no potential investor for the production site, and so the active search for an investor has been concluded," an ...
As noted above, Rivian's biggest issue has been its negative gross margin, which continued in the quarter. It reported a ...
Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies ...
German automaker Audi said Tuesday a potential bidder for its manufacturing site in Brussels had pulled out, ending hopes that the plant could be saved from closure.
Volkswagen's luxury division Audi has failed to find a buyer for its struggling plant in Brussels, a spokesperson said on ...
China’s state-backed EV giants like BYD are driving Volkswagen into a corner with aggressive pricing and political challenges ...
Jeep maker Stellantis said it is cutting 1,100 jobs at a U.S. factory as it seeks to reduce high inventory levels that have weighed on its performance.
Scout Motors, the off-road, U.S.-centric brand spun off from Volkswagen, is getting ready to root itself in South Carolina.
The HCOB Germany Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 43.0 in October from 40.6 in ...
Deutsche Welle writes that when Europe's largest car manufacturer weakens, it can pose a problem for many suppliers and, ...
Automakers took a hit this week after revealing their earnings for the latest fiscal quarter.