The Japanese companies are considering joining forces to survive in a rapidly changing auto industry, but auto history is filled with troubled and failed marriages.
Japan’s second- and third-largest automakers hope the deal can help them catch up with Tesla and China’s BYD in electric vehicles and advanced software.
The new agreement builds on an earlier announcement in which the German automaker said it would invest up to $5 billion in Rivian, a maker of electric vehicles. The new venture brings them closer.
VW and Rivian, a maker of electric trucks that has struggled to increase sales and break even, will work together on software and other technologies.
Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
El libro saldrá a la venta el 12 de septiembre y fue escrito por Walter Isaacson, biógrafo de Steve Jobs, Albert Einstein y Benjamin Franklin. Retrata al multimillonario como una figura compleja y torturada.
The biography, by Walter Isaacson, portrays Mr. Musk as a complex, tortured figure.
The actor Ryan Reynolds, the private equity firm RedBird Capital and Otro Capital are among the investors taking a stake in Renault’s Alpine team.
The actor Ryan Reynolds and the private equity firm RedBird Capital are among the investors taking a stake in Renault’s Alpine team.
The case centers on whether investors lost money because they believed Mr. Musk’s social media posts about taking Tesla private in 2018.