VW launches $5.8bn tie-up with Tesla rival Rivian
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 $5.8bn (£4.55bn) - up from an initial pledge from VW of $5bn.
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 ...
VW’s capital to Rivian isn’t guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don’t ...
And now that venture is officially kicking off with an additional $800 million of investment from VW and a near-term goal: ...
VW spices up the looks of the ID.Buzz Cargo with a bunch of optional accessories. Options include a bodykit, 20-inch wheels, ...
Remember the commercial truck maker called International Harvester that made rugged SUVs and trucks with the Scout name back ...
Volkswagen is recalling nearly 115,000 cars due to a dangerous airbag defect. The models affected include certain 2017-2019 ...
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Volkswagen raised its planned investment in Rivian to $5.8 billion. But Trump administration is unlikely to bode well for EV ...
2d
GTI makes 242 hp instead of last year’s 241 hp but R gets a 13 hp boost; both are available solely with a DSG transmission ...
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