Porsche IPO Stirs Excitement In Auto Industry, Limited Impact For Tire And Rubber

After two years of struggle, the auto industry hopes to see some fervor with Porsche's initial public offering (IPO). Listing IPO when inflation is peaking across the globe and the monetary tightening seen in the Western Hemisphere tipping the economies to recession doesn’t seem the best strategy. However, with weak consumer demand, supply chain debacle, and chip shortage, some improvement in the cash flow could be the possible reason for Volkswagen’s move. However, how much of this would transl