RivianVolkswagen

Rivian/Volkswagen deal a ‘red flag’ for auto tech suppliers like Aptiv (APTV)

Shares of Aptiv plc (NYSE:APTV) are on the defensive Wednesday following a downgrade by Piper Sandler to Underweight, driven by concerns over the negative impact of Rivian’s (RIVN) joint venture with Volkswagen (VWAGY, VWAPY). On Tuesday, Rivian (RIVN) received a multi-billion-dollar investment from Volkswagen (VWAGY, VWAPY) to form a jointContinue Reading

What analysts are saying about the blockbuster Rivian-Volkswagen deal

In: Finance

Spencer Platt/Getty Images News Rivian Automotive (NASDAQ:RIVN) shot up in early trading on Wednesday after the electric vehicle maker jointly announced with Volkswagen (OTCPK:VLKAF) the formation of a joint venture to share electric vehicle architecture and software. Bank of America analyst John Murphy said the news is meaningfully positive forContinue Reading

RivianVolkswagen

Rivian/Volkswagen deal a ‘red flag’ for auto tech suppliers like Aptiv (APTV)

What analysts are saying about the blockbuster Rivian-Volkswagen deal

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