Volkswagen

Volkswagen and Rivian announce a $5.8 billion strategic partnership to develop advanced electrical architecture and software systems for electric vehicles. The joint venture will enable remote updates and support future models like the Rivian R2 in 2026 and Volkswagen models in 2027.

Volkswagen's Q3 2024 financial results reveal significant challenges, with Škoda Auto standing out as a positive performer. Discover how Škoda exceeded expectations while the Volkswagen Group faces cost-cutting measures, factory closures, and competition from electric vehicle manufacturers.