Vehicle Sales
AFN Composite Index
-0.8%
Inventory Index
SOFR (WoW)
New-vehicle APR 60 Mos.
EV manufacturer Rivian secured a $1 billion, 10-year term loan from Volkswagen Group tied to the companies’ joint venture. The two automakers formed the joint venture in November 2024 in a deal worth as much as $5.8 billion to scale EV platforms and develop software-defined vehicle architecture. Under that agreement, the $1 billion credit […]
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David Thompson
David Thompson
David Thompson
