Nov 13 (Reuters) - Shares of Rivian (RIVN.O), opens new tab jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen (VOWG ...

Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its investment in the partnership. The two companies say the deal is now worth $5 ...

Nov 12 (Reuters) - Volkswagen Group (VOWG_p.DE), opens new tab raised its investment in Rivian (RIVN.O), opens new tab by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies ...

Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to accelerate the shift to electric vehicles. In June, we learned Volkswagen would ...

Rivian and Volkswagen Group have finalized a multibillion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup’s more technical chops in ...

Volkswagen and Rivian have crossed all their T’s and dotted all their I’s in their new $5.8 billion joint venture, which officially kicks off its work on November 13th, the companies announced ...

However, deliveries during the quarter fell to 10,000 vehicles, from 15,600 a year earlier, because of a parts shortage. Volkswagen does not sell a pickup truck in the United States, a handicap in ...

The move comes a week after union officials said Volkswagen was planning to shut factories in its home market for the first time. Schaeffler, which supplies parts to companies including VW ...

Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at cutting over $4.3 billion. The announcement signals a significant shift for ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Poster child of Germany’s postwar economic success and now symbol of Europe’s fight for industrial ...

By Melissa Eddy Melissa Eddy reported from Wolfsburg, Germany, where Volkswagen and the union leaders met for wage talks. Volkswagen reported a 42 percent drop in quarterly profit on Wednesday ...

Volkswagen Group is planning to shut at least three factories in Germany, cut thousands of jobs, lower staff pay and permanently reduce the size of its remaining facilities in Europe’s largest ...