article thumbnail

VW Throws Rivian A $5 Billion Lifeline, But Can They Stay Afloat?

Carscoops

” We reiterate our buy rating on RIVN, which is predicated on our view that the company is one of the most viable among the startup EV automakers with attractive product, solid long-term strategy, and adequate funding well into 2025+,” it continued.

Banking 105
article thumbnail

Cox Automotive Celebrates Digital Remarketing Excellence Among Independent Auctions

AutoSuccessOnline

The awards presented based on performance in 2024 were: Highest Commercial Volume: Norwalk Auto Auction Highest Digital Mix: Americas Auto Auction San Antonio Highest Dealer Sales Volume: Americas Your Auction Tampa Bay Lowest Un-Buy Rate: Orlando Longwood Auto Auction Highest Dealer Sales Growth: Greater Rockford Auto Auction Highest New Seller Growth: (..)

article thumbnail

Why there’s very little fallout from Tavares’s Stellantis exit

Autocar

The groundwork that Tavares laid down was lauded by UBS in its decision to choose Stellantis as its sole buy rating among European car makers. Clearlywe need to build back trust, Ostermann said but he also said there werent any real disagreements in terms of long-term strategy.

Banking 75