Tuesday Ticker: Fisker delisted from NYSE; Port of Baltimore closures threaten parts supply
Toronto, Ontario — In this weekly Tuesday Ticker, Fisker is delisted from the New York Stock Exchange and makes some bold reactionary measures, including price cuts of up to 39 percent; plus, the Port of Baltimore closure following the Francis Key Scott Bridge closure threatens to wreak havoc on the parts supply chain. Fisker faces rough […]
Tuesday Ticker: Fisker pauses production, aims to raise US$150 million in funds; while Ont. Premier teases ‘banner year’ for auto industry
Toronto, Ontario — In this weekly economics report, Fisker announces its plan to pause EV production amid bankruptcy rumours and other financial decisions from the company, while Ontario Premier Doug Ford teases a “banner year” for the industry, thanks to jobs in the EV supply chain. Fisker’s finances Electric vehicle maker Fisker is pausing EV […]
Tuesday Ticker: Toyota tops; while Fisker falls and Mitsubishi makes new ground
Toronto, Ontario — This week, we look at the rise and fall of automakers and the economic market as Toyota posts a record global output for the first fiscal half; Fisker’s stock falls following the announcement of reduced prices; and Mitsubishi makes plans to expand its Parts and Distribution services. Going for growth On Monday, […]
Fisker Finds A Friend: Apple car collaboration could be incoming
Manhattan Beach, California — The manufacturing company that has been making your iPhone for over a decade is in line to make your car too. Foxconn, the world’s largest contract electronics manufacturer signed a deal with Fisker to begin making electronic vehicles in 2023. The exact location of the new U.S plant has yet to […]
