A Volkswagen ID.4 electric vehicle (EV) at a Rivian charging station in San Francisco, California, US, on Tuesday, June 25, 2024. David Paul Morris | Bloomberg | Getty Images Electric truck maker Rivian’s $5 billion deal with Volkswagen Group nets Rivian some much-needed cash. But it also gives Volkswagen a path to a future in … Read more
Good morning! It’s Wednesday, September 11, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Karen Fukuhara Is A Very Happy Jeep Owner 1st Gear: Harris, Trump Battle Over Auto Industry On September … Read more
A Northvolt building in Sweden, photographed in February 2022. Mikael Sjoberg | Bloomberg | Getty Images Northvolt, a key battery producer for Europe’s electric vehicle industry, announced Monday that it plans to cut jobs, shut down one of its sites, and enter into discussions with partners and investors to secure the future of a facility … Read more
LONDON — European stocks closed lower Friday afternoon, paring earlier gains after a weaker than expected U.S. jobs report clouded global sentiment. The pan-European Stoxx 600 closed down 1.15%, with all major bourses and almost all sectors ending in the red. Tech and mining stocks saw the biggest losses, shedding 2.39% and 2.41%, respectively. Health … Read more
Good morning! It’s Friday, September 6, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. The Toyota CH-R Is Dead in America 1st Gear: Toyota Cuts EV Production Targets Toyota has already proven … Read more
Various vehicles and special parts are displayed at Mercedes-Benz Museum, an automobile museum, welcoming its visitors in Stuttgart, Germany on June 28, 2024.. Gokhan Balci | Anadolu | Getty Images Germany’s car industry was once recognized around the world for its high-quality, innovative combustion engine cars. Owning a German car was a luxury and status … Read more
Employees of German car maker Volkswagen (VW) protest at the start of a company’s general meeting in Wolfsburg, northern Germany, on September 4, 2024. Moritz Frankenberg | Afp | Getty Images Management at German automotive giant Volkswagen is set to go toe-to-toe with workers on Wednesday, as senior business leaders prepare to present details about … Read more
People walk past a neon sign advertising a Bitcoin and Ethereum crypto currency exchange in Warsaw, Poland on 19 May, 2024. Jaap Arriens | Nurphoto | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more
A VW Golf GTI stands in a parking lot within sight of the brand tower on the grounds of the VW plant in Wolfsburg. Picture Alliance | Picture Alliance | Getty Images German carmaker Volkswagen on Monday warned it will no longer be able to rule out plant closures in the country, citing the specter … Read more
Good morning! It’s Thursday, August 29, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. What Is The Most American Car? | Jalopinions 1st Gear: Ford Panders To Right By Cutting DEI Policies … Read more
