Tuesday Ticker: Stellantis shuts down merger speculation; EV automakers continue to drop
Toronto, Ontario — In this weekly automotive economics report, Stellantis shuts down merger rumours, while EV stocks continue to slip, keeping up with the 2024-thus-far trend. Stellantis slices down rumours Stellantis chairman John Elkann has commented on press speculation that the automaker was considering a merger with French OEM Renault, saying there is “no plan […]
Tuesday Ticker: VinFast drops, Rivian hires seasoned pro
Toronto, Ontario — In this weekly Tuesday Ticker, VinFast’s share prices dropped almost as much as they grew when the stock first dropped; while Rivian hires a seasoned OEM exec as it buckles down for a busy few months. They rise, they fall VinFast shares exploded when the electric automaker began trading on Nasdaq in […]
