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Rivian Automotive RIVN has secured a $1 billion loan from Volkswagen VWAGY. The borrowing carries a 6.03% interest rate that stays flat for a decade, and Rivian owes nothing on it until October 2028. With this tranche, Volkswagen has put r…
Volkswagen’s funding and higher oil prices offer potential support for Rivian, but slowing EV demand continues to weigh on sentiment. Continue Reading
Company Logo Prioritize affordable compact EVs, flexible leasing, reliable charging hubs and bundled fleet solutions as Norway shifts to replacement demand and commercial electrification. Dublin, Oct. 08, 2026 (GLOBE NEWSWIRE) -- "Norway E…
The Porsche 911 Turbo S is one of the cars that will increase in price - Getty Porsche is to raise prices by up to £50,000 as the struggling German luxury brand seeks to go further upmarket. The automotive giant on Wednesday said the 20pc…
Porsche is grappling with slumping sales in China (WANG Zhao) Luxury sports car maker Porsche announced Wednesday it plans to sell fewer vehicles, but at a higher price to try to regain profitability hit by competition from China. The subs…
Investing.com - Shares of European carmakers advanced on Wednesday, as media reports suggested that European Union officials were preparing emergency measures to cap imports of Chinese-made hybrid vehicles into the bloc. Before you buy NVI…
Investing.com -- Porsche plans to lift the average price of its most expensive models by roughly 20% by 2030, taking inspiration from Ferrari's approach of using exclusivity to drive profits. Before you buy NVIDIA: our AI model's stock pic…
MIDDLETOWN, Del., Oct. 5, 2026 /PRNewswire/ -- The Germany Tire Market was valued at USD 5.89 billion in 2025 and is projected to expand from USD 5.96 billion in 2026 to USD 6.54 billion by 2035, registering a compound annual growth rate o…
The Ewing, N.J. dealership Jean and Souheil Saliba opened in 1995 now buys exotic cars on camera for an audience of more than 3 million EWING, NJ / ACCESS Newswire / October 5, 2026 / J&S Autohaus opened in January 1995, when Jean Saliba a…
Company Logo Drive ROI through fast, reliable charging, fleet electrification and affordable used EVs as competition shifts toward total cost of ownership Dublin, Oct. 05, 2026 (GLOBE NEWSWIRE) -- "Switzerland Electric Vehicle Market Size…
Company Logo Expansion, product innovation and M&A strengthen market presence as automotive and aerospace demand shifts to lightweight, durable, customized forged components. Dublin, Oct. 05, 2026 (GLOBE NEWSWIRE) -- "Europe Upto 10kg Clos…
[Young student of robotics working on project] nd3000/iStock via Getty Images German robotics startup RobCo has sold shares in a deal that values the company at more than $1 billion—double the level hit earlier this year—highlighting inves…
Porsche (P911.DE) is betting that buyer appetite and a pivot to more gas-powered vehicles will help its turnaround, but it may not be enough. Current CEO Michael Leiters has been in place at the German automakersince January and is slowly…
[2021 Volvo Models] shaunl/iStock Unreleased via Getty Images Volvo Cars (VOLAF [https://seekingalpha.com/symbol/VOLAF]) withdrew its full-year sales-volume and cash-flow guidance, citing worsening market conditions in China and a slower-t…
When a recruiter's email about a job at Volkswagen showed up in Dirk Voeste's email, he missed it at first. "Normally I don't look at the spam folder," he said. When he looked again, the pitch seemed implausible. The message described a co…
Dave Cantin Group DCG Managing Director Anthony Holbrook draws on executive Audi experience and market intelligence to close Southern California transaction Dave Cantin Group Advises Lithia & Driveway on Complex Sale of Downtown Los Angele…
Investing.com -- Munich-based carmaker BMW is targeting an automotive margin of 3% to 5% by 2028 in a recovery plan that follows a June profit warning linked to weakness in China. Still guessing which names to buy? Our AI rebuilds its stoc…
This article first appeared on GuruFocus. QuantumScape (QS) shares fell about 7% in Monday trading, ending at $4.56 after touching a new 52-week low of $4.54, as investors weighed the company's long path toward commercial battery productio…
Volkswagen AG VWAGY is strengthening its position in the European electric vehicle (EV) battery market through a partnership with China-based Gotion High-Tech. The companies plan to expand regional production of lithium iron phosphate (LFP…
The German car giant Volkswagen is preparing to disclose a massive hit from the City watchdog's £9bn motor finance redress scheme, months after it joined a group of rivals in mounting a legal challenge to its implementation. Sky News has l…
Performance Brokerage Services, the leader in dealership buy-sell activity, announces the sale of Genesis of Glenview, Illinois, to Joe Ghaben. IRVINE, Calif., Sept. 29, 2026 /PRNewswire/ -- Performance Brokerage Services, North America's…
[Strategic Partnership Gears wheels concept - Gearwheels with Strategic Partnership words. 3d rendering] Volkswagen Group (VWAGY [https://seekingalpha.com/symbol/VWAGY]) and its Chinese partner Gotion High-tech plan to invest a combined €3…
US stock indexes ended the week higher as a fresh rally in technology shares combined with easing U.S. Treasury yields temporarily relieved investor anxiety over broader macroeconomic pressures. US and Iran moved closer to an agreement to…
Volkswagen (XTRA:VOW3) and Audi are recalling more than 2.8 million vehicles worldwide over a potentially faulty steering gear screw connection. The recall affects multiple model years and regions, with Volkswagen notifying safety regulato…
The European stock markets closed lower in Thursday trading as bond yields and oil prices surged whi PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium n…
The 8:30 Hosts Julie Hyman, Jake Conley, and Pras Subramanian discuss Bentley (VWAGY) debuting its first electric car, the Torcal, an SUV with an estimated starting price of $250,000. Video Transcript 00:00 Speaker A I want to move on to t…
A UK court has approved a plan to pay £56 million in compensation to millions of UK consumers who lost money from inflated car delivery charges. Former Which? consumer expert Mark McLaren urged consumers to sign up to receive the compensat…
HANNOVER, Germany, Sept. 24, 2026 /PRNewswire/ -- Giti Tire's GitiSynergyH2, fitted to a VW ID.Buzz, ensured Rainer Zietlow safely navigated 99,800km and by visiting 92 countries in a row set a new world record for a continuous global tour…
Bentley's (VWAGY) first electric car has been a long time coming, but it's finally here. Bentley revealed the Torcal today at an event in London, with the all-electric SUV becoming the British luxury brand's fourth model line, and the firs…
Ahead of President Trump's meeting with China's Xi Jinping this week, US auto groups signaled their concerns about growing competition from Chinese automakers in a new letter to the administration. The 8:30 Hosts Julie Hyman, Jake Conley,…
This initial phase of vehicles launch in California, with additional Volkswagen models expected to follow as Autonomy responds to customers' request for greater choice SANTA MONICA, Calif., Sept. 23, 2026 /PRNewswire/ -- Autonomy, a leader…
Volkswagen AG VWAGY has issued a profit warning, flagging around €10 billion ($11.5 billion) in one-time charges for 2026, primarily related to weakness at its Porsche sports-car business. The announcement adds to the mounting pressure on…
Xpeng Inc. (NYSE:XPEV) is looking to expand its technology partnership with Volkswagen by pursuing similar deals with other automakers. The move follows a quarter in which services and other-business revenue nearly doubled, with the Volksw…
Artificial intelligence and machine learning concept - by amgun via iStock Chinese EV maker XPeng (XPEV) wants to sell its technology to other carmakers. According to Reuters, it plans to offer its systems, software, EV platform, and elect…
Volkswagen (XTRA:VOW3) is back in focus after workers across Germany planned large protests over job security, just as the group cut its profit outlook and booked a sizeable Porsche related writedown. The sharp 5.6% one day share price dec…
[Volkswagen Revs Up ID.4 Electric Car Production] Jens Schlueter/Getty Images News Volkswagen (VLKAF [https://seekingalpha.com/symbol/VLKAF]) and Porsche (POAHY [https://seekingalpha.com/symbol/POAHY]) shares fell further on Monday, extend…