Cloaked Audis, covert CEO meeting: how VW’s $5B Rivian bet transpired

27June 2024

Cloaked Audis, covert CEO meeting: how VW’s $5B Rivian bet transpired

The deal is crucial for both companies as Rivian gets the financial lifeline it needs...

27June 2024

Rivian still faces cash burn, cooling sales despite $1B infusion from VW, analysts say

VW will infuse $1 billion into Rivian as the EV maker develops new models. But...

27June 2024

CDK begins DMS restoration with reboot test 9 days after cyberattacks amid sales disruption, litigation

The fallout from the crisis is spreading with analysts now expecting the outage to ding...

27June 2024

VW’s $5B Rivian deal raises doubts over Scout EV revival

VW announced the plan to bring back the Scout brand two years ago to make...

27June 2024

Hyundai enters sub-€25,000 EV fray with Inster minicar

The South Korea-built Inster is the latest inexpensive EV to be announced for Europe, following the Dacia Spring,...

27June 2024

U.K. car output falls nearly 12% in May on EV transition

Electrified vehicles, including full-electric models, plug-in hybrids and full hybrids, represented almost two-fifths, or 38...

27June 2024

Luxe cars stolen via thief’s texts to drivers

A 2024 Mercedes-Maybach GLS 600 and 2022 Rolls-Royce Cullinan worth a combined $620,000 were stolen...

27June 2024

Automotive News Europe salutes Frank Maeling

The Rising Star for Sales is Frank Maeling, who is head of sales for Germany...

27June 2024

Watch Toyota Europe CEO Yoshihiro Nakata at the 2024 Automotive News Europe Congress

Toyota Europe CEO Yoshihiro Nakata was a speaker at the 2024 Automotive News Europe Congress....

27June 2024

Ill. auto body shop sues CDK Global in U.S. court, alleging business disruption after cyberattack

The federal lawsuit filed against CDK Global in Illinois by Jay Kay Collision Center requests...

27June 2024

Hyundai enters the $25,000 EV fray with new subcompact Inster from Korea

South Korean automaker wants its new Inster all-electric subcompact crossover to sticker below $26,798, putting...

27June 2024

Magna International founder Frank Stronach faces eight more sexual assault charges in Canada

Frank Stronach, the founder and long-retired CEO of Magna International, North America’s biggest auto parts...

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