Volkswagen is considering ways to deepen its partnership with U.S. electric car maker Rivian, the German company's CEO told Spiegel magazine in comments published on Friday. "For example, we are thinking about sharing modules and bundling purchasing volumes,

Volkswagen (ETR:VOWG_p) is exploring ways to strengthen its collaboration with US-based electric vehicle (EV) manufacturer Rivian (NASDAQ:RIVN), the German auto giant’s CEO Oliver Blume told Spiegel magazine in comments published

Chinese officials and automakers are eyeing German factories slated for closure and are particularly interested in Volkswagen's sites , a person with knowledge of Chinese government thinking told Reuters.

Chinese officials are showing strong interest in Germany's automotive sector, particularly in acquiring factories from established manufacturers like Volkswagen (OTCPK:VLKAF). The strategic move is aimed at enhancing China's influence in Germany's car industry and circumventing European Union tariffs on imported electric vehicles.

According to anonymous sources cited by "Reuters," Chinese manufacturers are seriously considering acquiring German Volkswagen factories slated for closure. If such a sale occurs, it would be an unprecedented development.