Tuesday Ticker: Second-gen Rivian vehicles could impact stock; Martinrea announces major expansions
Toronto, Ontario — In this weekly Tuesday Ticker, we look at the potential trading impact of Rivian’s second-gen R1S and R1T vehicles. Plus Martinrea announces a $35 million expansion to an Ontario-based facility, adding some fancy new equipment to the mix, too. Rivian stock revival? Analysts are keen to see how Rivian’s unveiling of its […]
Tuesday Ticker: VinFast approved for Nasdaq IPO stock listing; Martinrea reports records
Toronto, Ontario — This week, VinFast gets approval to list on Nasdaq; Axalta reports its Q2 2023 results and auto parts manufacturer Martinrea doubles its adjusted net earnings compared to Q2 2022. Go for VinFast Vietnamese electric vehicle manufacturer VinFast will soon trade on the Nasdaq, following the approval of its merger into a special […]
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 […]
Supply Seer: Martinrea joins partnership to develop ‘supply chain resiliency platform’
Toronto, Ontario — In what looks kind of like “Minority Report” for the auto industry, Vaughan, Ont.-based auto parts manufacturer, Martinrea International has joined forces with Next Generation Manufacturing Canada (NGen) to develop a “supply chain resiliency platform” to predict and inform manufacturers, and in turn, the industry, of potential disruptions. This announcement comes alongside […]
Tuesday Ticker: April 27, 2021
Toronto, Ontario — In this week’s Tuesday Ticker, PPG scores a consecutive Gold Rating in business sustainability, AkzoNobel reports growth for 2021’s first quarter and auto parts supplier Martinrea teams up for a joint battery research venture. Seal of sustainability PPG has announced that it has once again achieved a Gold Rating in corporate social […]
Tuesday Ticker: March 9, 2021
Toronto, Ontario — This week’s Tuesday Ticker sees Canadian Uber employees issue complaints, a Canadian auto parts maker’s Q4 profits drop by 12 percent and General Motors extends microchip shortage closures. Courier complaints A recent report straight from Uber Technologies says the company’s Canadian drivers and couriers don’t think they receive dependable earnings. Out of […]
