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German automotive giant Volkswagen is bracing for a showdown with trade unions shortly after it said it cannot rule out shutting factories in its home country for the first time in its nearly 90 ...
Rivian stock surged on Wednesday after the EV maker announced a joint venture deal with Volkswagen (), crucially bringing fresh capital into Rivian’s coffers.Volkswagen announced it intends to ...
Volkswagen — which counts Audi, Porsche, Bentley, and others in its portfolio — reported second quarter revenue of 83.339 billion euros ($90.0 billion) vs. 81.697 euros estimated, a rise of 4. ...
At the time, Volkswagen received a convertible note that converts to Rivian stock on Dec. 1. Volkswagen will pay another $1.32 billion this week, as part of the deal's closing.
Here are the main points of a deal struck on Friday between Volkswagen and unions on the carmaker's German sites and jobs. - Volkswagen will reduce VW AG's staff in Germany by more than 35,000 ...
BERLIN (Reuters) -Volkswagen, Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker that filed for bankruptcy protection in the United States ...
Share prices of Rivian (NASDAQ: RIVN) surged higher after the maker of electric vehicles (EV) received a sizeable investment from German automaker Volkswagen (OTC: VWAGY). Despite the recent price ...
Volkswagen and its employee representatives said Friday they have reached a wage deal for 120,000 German workers that avoids plant closings and bars involuntary layoffs through 2030. The agreement ...