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

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

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

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

Boeing started issuing layoff notices Wednesday to 17,000 employees to cut 10% of its workforce in an effort to shore up the ...

Volkswagen has increased its planned investment in the electric automaker Rivian through a joint venture that officially ...

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

VW’s capital to Rivian isn’t guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don’t ...

Volkswagen Group and Rivian have launched a $5.8 billion joint venture to develop SDV software and scale next-gen electric ...

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