Rivian rises on report it may expand its pact with Volkswagen
Investing.com — Volkswagen (ETR:VOWG_p) is exploring ways to strengthen its collaboration with US-based electric vehicle (EV) manufacturer Rivian (NASDAQ:RIVN), the German auto giant’s CEO Oliver Blume told Spiegel magazine in comments published on Friday. “For example, we are thinking about sharing
Amazon stock target raised at BMO on strong AWS outlook
Investing.com — BMO Capital raised its target for Amazon (NASDAQ:AMZN) to $265 from $236 in a note Friday, citing a robust outlook for Amazon Web Services (AWS) and continued growth in retail and advertising. The firm reiterated its Outperform rating on
Sweden’s Saab posts higher-than-expected organic sales growth for 2024
COPENHAGEN (Reuters) – Swedish defence equipment maker Saab said on Friday it expected an organic sales growth of 23.4% for the full year of 2024, above its previously expected outlook at the upper end of the range between 15% and
US auto safety regulator closes probe into nearly 7,000 Fisker electric SUVs
(Reuters) – The U.S. auto safety regulator closed its probe into 6,971 Fisker (OTC:FSRNQ) Ocean SUVs on Friday over inadvertent activation of the automatic emergency braking system, as it does not expect to get further information from the bankrupt EV
NHTSA opens preliminary probe into more than 870,000 GM vehicles
(Reuters) – The U.S. National Highway Traffic Safety Administration said on Friday it was opening a preliminary probe into 877,710 vehicles manufactured by General Motors (NYSE:GM), after receiving reports alleging engine failure. The investigation covers certain Chevrolet Silverado, GMC Sierra, Chevrolet