Tag: Volkswagen
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Rivian stock jumps to highest since August as Benchmark initiates at Buy
Rivian (RIVN) stock jumped on Monday as investment bank Benchmark initiated coverage on the stock with a Buy rating and...
VW confirms plans to exit Xinjiang operations after years of pressure
SHANGHAI (Reuters) -Volkswagen is to sell all its operations in China's Xinjiang, it said on Wednesday, after years of mounting...
This Might Just Be Rivian’s Best Decision Yet
Rivian (NASDAQ: RIVN) has plenty of intriguing ambitions to keep investors on the hook. The company...
Auto worker wipeout: Why car companies are cutting thousands of jobs
Major automakers around the world have announced layoffs and factory closures in recent weeks.Ford, GM, Stellantis, and Volkswagen Group all plan to lay off...
Exclusive-In high-wage Germany, VW’s labour costs outstrip the competition
By Victoria Waldersee and Christoph Steitz BERLIN/FRANKFURT (Reuters) - As Volkswagen and unions gear up for the next round of...