Latest News of SWAG
Rivian Soars Over 17% On Volkswagen's Team Up: A $5.8B EV Power Move
By Yahoo! Finance |
1 week ago
Rivian and Volkswagen have announced a $5.8 billion joint venture to advance EV technology. The partnership aims to develop cutting-edge electrical systems and software, benefiting both companies. Riv...
Volkswagen, Rivian form $5.8bn JV to drive innovation in EV technology
By Yahoo! Finance |
1 week ago
Volkswagen and Rivian have formed a joint venture, Rivian and VW Group Technology, focusing on EV and autonomous driving tech. VW will invest $5.8bn in Rivian, with plans to develop subcompact cars by...
Volkswagen Boosts Bet on Rivian's EV Tech by $800 Million
By Yahoo! Finance |
1 week ago
Volkswagen AG and Rivian Automotive Inc. have announced leaders for their joint venture, with plans to invest billions into developing electric vehicles. The collaboration aims to combine VW's investm...
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Rivian-Volkswagen joint venture up deal to $5.8 billion, VW cars expected as early as 2027
By CNBC | 1 week agoThe joint venture between Rivian and VW Group Technology, LLC has increased in value to $5.8 billion from the initial $5 billion....
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Volkswagen and Rivian Form Joint Venture, Deepening Alliance
By The New York Times | 1 week agoVolkswagen and Rivian are partnering in a joint venture to develop software and electronics for electric vehicles. Volkswagen will invest $5.8 billion for a 50 percent stake, aiming to improve its pos...
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Volkswagen's investments chief to step down from Northvolt board, DI reports
By Yahoo! Finance | 1 week agoVolkswagen's Sven Fuhrmann to resign from Northvolt board. The Swedish battery maker, partly owned by VW, faces challenges such as production issues and funding shortages. Northvolt is working on rest...
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Volkswagen, Mazda, Honda, BMW, Porsche among 304k vehicles recalled: Check car recalls here
By USA Today | 1 week agoThe National Highway Traffic Safety Administration issued recalls for Volkswagen, BMW, Honda, and Mazda vehicles due to safety concerns. Owners are advised to contact the manufacturers for free repair...
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Volkswagen, BMW top Tesla for new electric vehicles in Germany
By Yahoo! Finance | 2 weeks agoTesla's electric vehicle sales in Germany have declined in 2024, with Volkswagen and BMW surpassing Tesla in the market. Volkswagen leads with 49,200 registrations, followed by BMW with 33,167, while ...
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Volkswagen recalls nearly 115,000 cars for potentially exploding air bag: See list here
By USA Today | 2 weeks agoVolkswagen is recalling 115,000 Beetle and Passat models due to airbag system faults. The affected Takata airbags may explode, posing injury risks. Owners can get the airbag module replaced for free b...
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Volkswagen cuts plan sends shock through the 'Detroit of east Germany'
By The Guardian | 2 weeks agoZwickau, known as the Detroit of East Germany, faces economic uncertainty due to Volkswagen's downsizing. The city's history in the automotive industry is at risk, impacting jobs and local businesses....
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Volkswagen aims to cut worker anniversary bonuses amid pay dispute
By Yahoo! Finance | 2 weeks agoVolkswagen is considering cutting anniversary bonus payments for long-serving employees as part of cost-cutting measures due to declining profits and competition. Negotiations are ongoing with labor l...
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Volkswagen AG (VLKAF) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ...
By Yahoo! Finance | 3 weeks agoVolkswagen aims for a 6.5% margin by 2026, focusing on cost reduction and productivity. The company plans to maintain a dividend payout ratio of at least 30%. Restructuring efforts are driven by marke...
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Volkswagen reports third-quarter profit slump as major overhaul looms
By Reuters | 3 weeks ago(Reuters) -Volkswagen on Wednesday said its third-quarter operating profit plunged 42% as weak performance in the core passenger car unit and high costs, including for model revamps, hit the automaker...
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The Kings (finally) light the beam, and Jayson Tatum's swagger returns: NBA takeaways
By The New York Times | 3 weeks agoAfter a long streak of losses, the Sacramento Kings finally secured a win against Portland. De'Aaron Fox and DeMar DeRozan played key roles, leading the team to victory. The Kings' improved free-throw...
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What Giuliani Is Losing: The Co-op. The Yankees Swag. The Convertible.
By The New York Times | 3 weeks agoRudolph W. Giuliani faces losing valuable assets like his luxury apartment and prized possessions to pay $148 million to election workers he defamed. Once a revered figure, Giuliani's downfall stems f...