Car prices are up by 27% over the past five years, according to CarEdge, making it more difficult to afford a new car.

Volkswagen's chief financial officer Arno Antlitz said earlier this year that the Wolfsburg company intends to invest roughly €60 billion (about $64.5 billion) to "keep our combustion cars competitive ...

Audi and Porsche will implement Rivian's software-defined platform first, but a VW Golf EV and Project Trinity are next in ...