Tuesday Ticker: VINFast files IPO; Ottawa seeks EV manufacturing investments
Toronto, Ontario — It’s time for your weekly automotive business economics report. This weekly Tuesday Ticker covers VINFast’s anticipated initial public offering announcement, plus the federal government’s rumoured response to the U.S. Inflation Reduction Act. VFS—coming soon to a ticker near you Vietnam-based EV maker VinFast revealed last week that it has filed for an […]
Tuesday Ticker: March 23, 2021
Toronto, Ontario — In this week’s Tuesday Tickers, U.S. officials set their eyes on Canada for EV material production, Porsche further considers the idea of an initial public offering and market analysts make wild predictions on Tesla’s future share prices. Scouting success On Thursday, the U.S. Department of Commerce is hosting a closed-door virtual meeting […]
Up and Up: Wall Street analysts give Driven Brands bullish endorsement
Shares of Driven Brands Holdings Inc. rallied toward a fifth-straight gain Tuesday, after the newly public auto services company got a mostly bullish endorsement from Wall Street analysts, as a way to play the recovery in the auto industry. The stock DRVN has gained 16.7 percent during its win streak. IAs of Wednesday at 1:30 p.m. […]
