Tuesday Ticker: AutoCanada reports Q1 results, citing ‘challenging operating dynamics’; Magna reveals Q1 numbers
Toronto, Ontario — In this weekly Tuesday Ticker, AutoCanada reports decreased Q1 2024 revenues, compared to Q1 2023, while Magna’s financial results touch on the company’s relationship with EV maker Fisker. A ‘challenging’ quarter Edmonton, Alta.-based dealership group AutoCanada reported its Q1 2024 results last week, commenting that market conditions culminated in “challenging operating dynamics […]
Tuesday Ticker: Tesla offers Canadian discounts; Magna forms agreement to purchase self-driving tech from Veoneer
Toronto, Ontario — In this–the final Tuesday Ticker of 2022–Tesla introduces temporary Canadian ‘credits’ on certain models; Magna picks up a long-expected acquisition and J.D. Power estimates EV growth in the U.S. car parc. Sales in the name of supply goals Tesla announced discounts n its Model 3 and Model Y electric vehicles on Dec. […]
