People are angry, cars aren’t selling, and now for the first time ever Volkswagen is likely to close one of its factories in Europe – the state-of-the-art Brussels plant that makes the Audi Q8 E-Tron.
Back in September, Volkswagen-owned Audi said that it wanted to stop production on the Q8 E-Tron – an €80,000 electric SUV that barely anyone in Europe can afford – and put the factory up…
Rivian (RIVN) and Volkswagen win approval from German authorities to form joint venture
July 30, 2024
Rivian (RIVN) and Volkswagen received the green light from German authorities to form a new joint venture. With “no series competition problems” to worry about, the German Federal Cartel Office approved the Rivian/VW partnership on Monday.
Rivian and Volkswagen gain…