Although the deal will dilute existing Rivian shareholders to some extent, on balance it's hugely bullish for the company. The Volkswagen deal ensures that Rivian will have ample cash to launch its ...

Volkswagen Group has increased its planned investment in a joint venture with Rivian Automotive to $5.8 billion, before its operations launch Wednesday. This joint venture will integrate Rivian’s ...

VW’s big wake-up call was the Shanghai auto show in April 2023, when the carmaker saw firsthand that digital features such as ...

The company’s salvation lay in the acquisition of its competitors Auto Union and NSU, merged into the Audi brand, which ...

Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies ...

The German car maker has partnered with Chinese conglomerate SAIC to co-develop new models aimed at targeting younger, more tech-savvy Chinese customers.

South Wales Police say areas that have been targeted include Cardiff Bay, Penarth, Penylan, Whitchurch, Rhiwbina and ...

Audi is rolling out a new brand and platform in China in collaboration with MG parent company SAIC Motor, with three models ...

Audi's newest concept has a familiar name—the Audi E—but a very different vibe. This electric wagon is aimed at winning back sales in the Chinese market. It's a joint venture with China's SAIC and not ...

A father and son who hired a 'wannabe female assassin' from the US to murder family in Britain have been jailed for 42 years.

Europe's biggest automaker Volkswagen, and the problems it is currently having ... Frank Schwope, a car-industry expert at ...

Volkswagen, which counts Audi, Bentley, and Porsche among its brands, as well as Skoda and Scania in Europe, is struggling with high production costs and softening demand. And in China ...