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Rivian CEO says it 'blows my mind' that the US auto industry is reprioritizing capital toward gas-powered vehicles
Rivian CEO RJ Scaringe never thought he would see the United States turn back to gas-powered vehicle expansion. Then it did. Combustion engines are once again on the rise. Recently, General Motors ...
Rivian CEO RJ Scaringe has criticised the United States' return to investing heavily in gas-powered engines, calling it a backward step that could hurt both the environment and the domestic auto ...
Industry analysts predict “wave of bankruptcies” in 2026, as job losses mount in auto parts industry
Falling sales and profits, as well as the impact of Trump’s tariffs, are among the factors pushing restructuring and ...
WASHINGTON, Oct 17 (Reuters) - U.S. President Donald Trump on Friday signed orders expanding credits for U.S. auto and engine production and setting new 25% tariffs on imported medium- and heavy-duty ...
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