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Stellantis Poised for Growth, Porsche May Go IPO, Oil Prices Climbing

Author
More Than Cars Media Network
Published
Wed 23 Feb 2022
Episode Link
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  • Stellantis goes 3x in 2021
    • Shares gained 6% pre-market
    • CFO Richard Palmer states ties to Russia are limited
    • Net profit up to $15.2 billion
  • Porsche may be headed to its IPO
    • Porsche is currently a major driver of VW profits
    • The IPO could provide the cash flow to succeed in EV
    • VW shares jumped amidst the news
  • Oil prices rising amidst Russia/Ukraine tension
    • Prices are at a 7 year high
    • Potential impact on auto sales in low gas mileage vehicles
  • The risk of QR codes
    • One of the benefits of Google Search or direct URL is the security
    • Understand where you are redirected

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