Tag: shares: Page 2

Collision Repair

Tuesday Ticker: May 10, 2022

Toronto, Ontario ⁠— In this weekly Tuesday Ticker, AutoCanada picks up two luxury dealerships in Ontario, teasing the potential to expand its collision services; Uni-Select reports a “strong start” to the year with its Q1 2022 financial results, and a Toronto-based parts maker sees big drops in net profits. Leaning on luxury AutoCanada added two […]

May 9, 2022

Financial

Tuesday Ticker: May 3, 2022

Toronto, Ontario — This week, LKQ beats out analyst estimates with its Q1 2022 earnings report; Volkswagen considers Canada for future electrified business and Tesla CEO Elon Musk makes a deal to buy Twitter. LKQ’s leap LKQ reported its Q1 2022 earnings last week, beating out analyst estimates with earnings of US$1 per share. Zacks […]

May 2, 2022

Financial

Tuesday Ticker: April 26, 2022

Toronto, Ontario ⁠— In this Tuesday Ticker, General Motors shares some hefty news a mere day before the OEM reveals its Q1 2022 financial reports, while 3M plans to leverage technology from a digital inventory management solutions company. Corvettes and currents General Motors will launch an electric version of the Chevrolet Corvette sports car starting […]

April 25, 2022

Financial

Tuesday Ticker: March 15, 2022

Toronto, Ontario ⁠— In this weekly edition of Collision Repair’s Tuesday Ticker, EV automaker Rivian snags a top exec from Magna while Guelph, Ont.-based Linamar sees significant stock dips due to the ongoing Russia-Ukraine conflict. Plus, AutoCanada reports a personal best for fourth-quarter revenues. Rivian tags Magna exec Electric vehicle maker Rivian announced it has […]

March 14, 2022

Products

Up at Uni-Select: Company beats analyst estimates with Q4 2021 results

Boucherville, Quebec — Uni-Select reported its financial results for Q4 2021 last Friday, noting it “ended the year on a very strong note” with sales rising 9.3 percent to $400.2 million, ahead of the $394 million analysts had anticipated. Uni-Select’s net earnings for the quarter increased by $14.1 million to $9.0 million, while adjusted earnings […]

February 18, 2022

Business

Tuesday Ticker: February 22, 2022

Toronto, Ontario ⁠— This week, Magna feels the effects of the Ambassador Bridge closure on top of an already difficult start to the year; Volkswagen and Huawei reportedly eye a partnership in autonomous driving tech and both Renault and Rivian vow never to dip their toes into the ocean. Ambassador effects Magna International is feeling […]

February 18, 2022

Business

Go for Glass: Driven Brands expands auto glass offering into U.S. with Auto Glass Now acquisition

Charlotte, North Carolina — Driven Brands announced the expansion of its auto glass offering  into the United States Tuesday with its acquisition of Auto Glass Now (AGN). The company acquired AGN for approximately US$170 million on Dec. 30, 2021. The acquisition makes Driven Brands one of largest auto glass service providers in North America, said […]

January 4, 2022

Collision Repair

Tuesday Ticker: December 28, 2021

Toronto, Ontario ⁠— As we close out 2021, this week’s Tuesday Ticker is all about the top six automotive industry stocks to turn your eyes to⁠—or avoid at all costs⁠—in 2022.  Check out Collision Repair’s list of stocks to watch below!   Tesla Seems like a duh, right? Tesla has reached all-time heights in 2021, […]

December 23, 2021

Collision Repair

Tuesday Ticker: April 20, 2021

Toronto, Ontario ⁠— In this week’s Tuesday Ticker, Boyd Group Services gets an ‘outperform’ rating from CIBC, PPG makes major moves after exceeding Wall Street’s Q1 expectations and Tesla stock sees a drop following an alleged autopilot-involved accident in Texas. Boost for Boyd Boyd Group Services had its price target raised by stock analysts at CIBC […]

April 19, 2021

Business

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 […]

March 22, 2021

Products

Through the Storm: Uni-Select reports 2020 full year financial results, says automotive aftermarket businesses fared better than refinish business

Boucherville, Québec — Uni-Select has reported its financial results for Q4 2020 and the year ended Dec. 31, 2020. According to the company, Sales for 2020 were down 15 percent, with performance largely impacted by the pandemic. Sales for 2020 Q4 were down 11.2 percent compared to the same quarter in 2019—“in line with those […]

February 19, 2021

Collision Repair

Manheim UVVI: used vehicle prices slumps after hurricaines pass

Atlanta, Georgia — January 10, 2018 — Used vehicles prices have softened in the wake fierce hurricane season. The Manheim Used Vehicle Value Index—which accounts for wholesale pieces adjusted for mix, mileage and season—came to a reading of 132.0 last December. While a 5.6 pointover last year, is also marks the lowest levels seen since […]

January 10, 2018