Bensaid said Rivian sees the venture as a way to boost cost savings by leveraging the scale economies enjoyed by its larger partner, and thereby improve its own vehicle margins. VW’s new Scout ...
but Scout and VW “avoided engaging with or even responding to NADA for months.” Despite the pushback from NADA, Scout doubled down stating that “Scout Motors does not have franchised dealers, ...
VW CEO Oliver Blume stated the integration will begin with Volkswagen and expand to Audi and Scout brands, with the potential for luxury sports cars. Rivian shares rose over 6% in after-hours ...
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