Tuesday Ticker: May 31, 2022

Toronto, Ontario ⁠⁠— In this weekly Tuesday Ticker, Rivian sees some executive shake-ups amid an already tumultuous year, while another battery tech player sets its sights on Quebec’s cathode active materials (CAM). Do the Rivian shuffle Rivian is reorganizing its executive ranks as one of its top manufacturing officers parts ways with the EV automaker. […]

Tuesday Ticker: May 17, 2022

Toronto, Ontario ⁠— This week, Ford ditches more than 15 million of its shares in Rivian, while a company known for car ‘vending machines’ finds itself in hard times. Rough week for Rivian Ford has offloaded more than US$400 million in Rivian shares this past week. The automaker sold eight million shares of Rivian on […]

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 […]

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 […]

Tuesday Ticker: January 11, 2022

Toronto, Ontario ⁠— In this week’s Tuesday Ticker, Magna International announces a brand new EV centre, Volkswagen of America CEO complains that the automaker’s total-units-sold could be higher and General Motors partners with Qualcomm for a revamped Ultra Cruise. Electric energy at Magna HQ Magna International announced last week it plans to develop a new […]

Tuesday Ticker: November 2, 2021

Toronto, Ontario ⁠— This week, Uber outperforms lift in the immediate aftermath of pandemic lockdowns; automakers announce Q3 losses across the board and Tesla CEO Elon Musk looks to solve world hunger with the UN’s assistance. Do you even Lyft? Market analysts say that Uber is outperforming Lyft as ridesharing ramps up from pandemic lows. […]

Tuesday Ticker: July 13, 2021

Toronto, Ontario — Apple’s co-founder declares support for the Right to Repair movement, Uber Canada shifts its operations from the Netherlands to Canadian soil and all eyes set sights on EV stocks in anticipation of a U.S. presidential infrastructure announcement⁠—all in this week’s Tuesday Ticker!  Wozniak’s words Apple co-founder Steve Wozniak voiced support for the […]

Tuesday Ticker: June 8, 2021

Tuesday Ticker: June 8, 2021 Toronto, Ontario ⁠— In this week’s Tuesday Ticker, Advanced Auto Parts marks a record-breaking Q1; Canadians prepare their summer road trip plans and Tesla marks a million Cybertruck reservations. Advanced advances Advanced Auto Parts has marked a record-breaking quarter with net sales increased 23.4 percent to US$3.3 billion and 24.7 […]

Tuesday Ticker: May 25, 2021

Toronto, Ontario ⁠— In this week’s Ticker report, Boyd Group’s Canadian chains report 34 percent dips in revenues, PPG finalizes another acquisition and cyberhackers take hold of a Toyota Auto Body server. Boyd’s Q1 blunders Boyd Group, which operates Canadian collision centres under the Boyd Autobody and Glass and Assured Automotive networks, has reported a […]