The Greenwich Concours celebrates its 30th anniversary from May 29-31 in Greenwich, Connecticut, showcasing over 300 rare and iconic cars, including restored classics by Paul Russell. The event features a mix of judged car classes, driving experiences with classic and new vehicles, luxury dining, and educational programs for youth. This milestone event highlights automotive heritage and supports local charities, with sponsors like BMW and Rivian backing the festivities. It remains a premier automotive gathering in the Northeast, blending car culture with coastal luxury.
Goldman Sachs reduced its stake in electric vehicle maker Lucid by 19%, lowering shares from 849,097 to 690,126 and the holding's value by 27% to under $6.6 million in Q1 2026. Meanwhile, the bank increased its position in Rivian by 56%, growing shar...
Newsweek announced the 2026 honorees for its fifth annual World’s Greatest Auto Disruptors awards, recognizing leading innovators and companies transforming the automotive industry. Winners include legacy manufacturers like Mercedes-Benz and BMW, and...
Rivian, currently valued at $17 billion, is shifting focus from vehicle manufacturing to high-margin software revenue streams, including OEM licensing, FleetOS subscriptions, and autonomous driving software. Partnerships with Volkswagen and Uber vali...
