Rivian revenue jumps 27% as R2 production ramp fuels growth strategy
I believe R2 will be a game changer for our customers and a driver of Rivian’s long-term growth and profitability,” said RJ Scaringe, Rivian Founder and CEO. (3 min. read)
BMW reviews 'untouchable' operations as profit slumps
BMW attributed the earnings decline to a sharp drop in China sales and weaker consumer confidence tied to the conflict in the Middle East. (3 min. read)
Porsche to cut 9K jobs as sales slump and EV challenges persist
Porsche management and labor representatives agreed Monday to eliminate 5,000 additional jobs through natural attrition and voluntary programs. (3 min. read)
