Volkswagen AG Unsponsored ADR (VWAGY)
Rivian's stock rockets higher on Volkswagen's planned $1 billion investment
Shares of Rivian Automotive Inc. RIVN, +8.63% jumped 33.2% after hours on Tuesday after Volkswagen VWAGY, +0.49% said it planned to invest an initial $1 billion in the electric-vehicle maker and said it wanted to create an EV-focused joint venture.
Volkswagen Will Invest Up to $5 Billion in Rivian
The German automaker and Rivian, a maker of electric trucks that has struggled to increase sales and break even, will work together on software and other technologies.
Rivian shares soar 30% after Volkswagen takes $1 billion stake
Volkswagen is taking a $1 billion stake in electric vehicle startup Rivian, which has been seeking to cut costs and shore up cash amid slower-than-expected adoption of EVs. In this article RIVN
Volkswagen to Invest Up to $5 Billion Into EV Maker Rivian
Volkswagen VOW3 0.33%increase; green up pointing triangle Group is investing $1 billion in electric-pickup maker Rivian Automotive RIVN 8.63%increase; green up pointing triangle, with plans to spend up to $5 billion as part of a software-development partnership.
Volkswagen to invest up to $5 billion in EV maker Rivian as part of tech joint venture
German automaker Volkswagen Group will invest up to $5 billion in U.S. electric-vehicle maker Rivian as part of a new, equally controlled joint venture to share EV architecture and software, the companies said on Tuesday.
VW updates 2025 Jetta to boost sales of the brand's entry-level car
Volkswagen on Tuesday announced updates for its 2025 Jetta sedan to boost sales amid industry-wide affordability concerns. The entry-level version of the Jetta with an automatic transmission will start at $21,995 when it goes on sale, expected by the end of the third quarter.
German top industrial union to demand 7% pay rise from Volkswagen
German top industrial union IG Metall will demand a 7% pay rise over a 12-month period from Volkswagen at wage negotiations in October, the union said in a statement on Friday.
Brazil's CBMM starts testing ultra-fast charging batteries in Volkswagen bus
Brazilian miner CBMM has started to test on Volkswagen electric trucks a niobium-based battery that it claims can be charged way faster than the others in the market, the companies said on Wednesday.
Mexico to review alleged labor rights violations at Volkswagen facilities
Mexico accepted a formal request from the United States to review alleged labor rights violations at Volkswagen Mexico facilities in the state of Puebla, the government said on Tuesday.
Volkswagen wants to prepare charging business for outside investors
Volkswagen is preparing its energy and charging division for outside investors, the carmaker's board member in charge of technology said on Friday, adding he was open to different options for a possible standalone future for the unit.
Volkswagen charging unit teams up with Norway's Otovo to broaden EV services
Volkswagen's EV charging unit Elli has partnered with Norway's Otovo to offer Huawei (HWT.UL) equipment that lets customers connect their cars with solar and storage systems at home in order to cut power bills.
Volkswagen AG (VWAGY) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
NEW YORK, NY / ACCESSWIRE / June 6, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Volkswagen AG ("Volkswagen" or "the Company") (OTC PINK:VWAGY). Investors who purchased Volkswagen securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/VWAGY.
