Up at Axalta: Revenues up nine percent year-over-year

Toronto, Ontario — Axalta Coatings posted earnings of 20 cents per share (U.S. dollars) in Q4 2022, compared with 23 cents per share in Q4 2021. In the company’s overall results for 2022, revenues were up nine percent year-over-year to US$1,236.7 million, beating the Zacks Consensus Estimates of US$1,216.6 million. According to the press release, […]

Panel Perfection: BETAG celebrates first graduating group from Outer Panel Repair Specialist program at Sask Polytech

Saskatoon, Saskatchewan — BETAG North America recently celebrated the first graduating class of its Outer Panel Repair Specialist (OPRS) program at Saskatchewan Polytechnic, where participants fine-tuned their ability to perform top-notch panel repairs. Supported by the Saskatchewan Association of Automotive Repairers, BETAG’s four-month OPRS program aims to equip participants with the skills to complete various […]

Tuesday Ticker: VINFast files IPO; Ottawa seeks EV manufacturing investments

Toronto, Ontario ⁠— It’s time for your weekly automotive business economics report. This weekly Tuesday Ticker covers VINFast’s anticipated initial public offering announcement, plus the federal government’s rumoured response to the U.S. Inflation Reduction Act. VFS⁠—coming soon to a ticker near you Vietnam-based EV maker VinFast revealed last week that it has filed for an […]