Rivian taps Volvo executive as COO ahead of new-model launch
The U.S. EV maker hired Volvo Deputy CEO Javier Varela as its new chief operations officer to help it scale output as it prepares to roll out a lower-cost model geared for the mass market.
Read moreAudi's profit plunges by over €1B amid engine issues
Audi said "logistics and supply" headwinds affected deliveries of its cars with V-6 and V-8 engines.
Read moreFerrari keeps V-12 tradition alive with 12Cilindri coupe and spider
Even though the supercar brand is electrifying with several PHEV models, the replacement for the 812 Superfast has a naturally aspirated non-hybrid V-12 engine.
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