business finance
Volkswagen’s $5B Investment in Rivian Raises Concerns About Scout’s Revival | Giga Gears
Rivian builds some outstanding electric vehicles. It also recently announced several new models, including the incredibly desirable R3X. To make those vehicles happen, though, Rivian needed money, and this week it announced that Volkswagen would invest up to $5 billion in the startup. That’s great news for Rivian and…
“New Car Sales Slow Despite Strong Market | Giga Gears”
The auto industry has been slowly recovering ever since the pandemic hit, and these days, things are better than they have been in years. Inventory is up, and so are the incentives. You may still struggle to get a good deal on some of the most in-demand models, but overall, the seller’s market that sent prices through…
Get Paid by Uber to Stop Driving
Happy Thursday! It’s June 27, 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.
