GM isn't alone in cutting personnel this year. Legacy automakers and startups have taken similar measures as markets, ...

What do a California EV startup and a multinational automotive corporation have in common? If you answered “problems,” you ...

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 ...

As car makers face problems with demand and slower sales in connection with electric vehicles, Volkswagen is teaming up with ...

The German automotive giant said that it was committing to a $5.8 billion investment to boost its transition to electric ...

Stanley Black & Decker CFO Hints at Sale of Aerospace Unit: The holding company’s leaders are looking to lower their debt ...

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

Its first truck, the R1T, wasn't delivered to customers until 2021, 12 years after Rivian's founding in 2009 by current CEO ...

Plans to eliminate the up to $7,500 consumer tax credit for plug-in vehicles is a sign of the partnership between Musk and ...

Australian shares were set to open higher. While European stocks advanced, there was a broad easing in New York. Bullish ...