Tuesday Ticker: Kia Canada sets historic annual sales record in 2024; while Hertz offers renters the opportunity to buy electric vehicles at reduced prices
Toronto, Ontario – In this weekly Tuesday Ticker, we look at some of the first highs and lows of the automotive industry, with Kia Canada reporting historic annual sales records for the end of 2024; while Hertz begins offering renters the opportunity to instead buy its stock of electric vehicles as it continues to downsize. […]
Tuesday Ticker: Looking back at financial highlights from 2024
Toronto, Ontario — In this weekly Tuesday Ticker, we’re taking a look back at some of the highlights from 2024 to see the financial ups and downs that gave each season a unique financial forecast. Ramped up production; dwindled deliveries In January 2024, the year began with automaker Rivian announcing its production of 75 percent […]
Tuesday Ticker: Tesla stocks climb even higher; while Nissan changes leadership in effort to combat struggling financial forecasts
Toronto, Ontario — This weekly Tuesday Ticker is all about the stocks. From Tesla seeing its rates climbing even higher in the wake of Donald Trump’s presidential re-election, to Nissan changing its leadership in an effort to combat struggling financial forecasts, this week’s report highlights the ups and downs at the end of the year. […]
Distribution Deal: Driven Brands announces sale of Canadian distribution business to PGW Auto Glass
Toronto, Ontario — Driven Brands Holding Inc. has announced the sale of its Canadian distribution business, primarily operated under the PH Vitres d’Auto brand (PH), to PGW Auto Glass. This transition was effective as of August 31, 2024. While the terms of the transaction are not being disclosed, the Financial Post noted that the sale […]
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 […]
