VW now holds 15.9% of Rivian after a $1B share purchase, displacing Amazon for the first time since the 2021 IPO. The investment buys software VW failed to build.
Volkswagen has officially become Rivian’s largest shareholder after increasing its stake in the American EV maker to 15.9 ...
Volkswagen has quietly become the most influential outside investor in Rivian, overtaking Amazon for the first time since the ...
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VW owners face new software recall wave
The recall scope: Covers 75,323 U.S. and 8,040 Canadian 2025 Jetta and Taos models built at the Puebla, Mexico plant. The safety risk: A software error can blank the ...
Volkswagen is on track to launch more affordable electric models, with the latest addition being an affordable EV, as previewed by the ID. Every1 concept. This should enter production as ID.1 or ...
German automaker Volkswagen isn't having a great time. The company is planning to cut capacity at five factories, reducing production by about 700,000 vehicles, while also laying off more than 35,000 ...
BERLIN, March 27 (Reuters) - Volkswagen's software partnership with Rivian, a cornerstone of CEO Oliver Blume's turnaround strategy for the German auto group, has passed a key milestone, bringing ...
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