Tuesday Ticker: Two 2023 growth stocks; Xpeng, Toyota
Toronto, Ontario — In this, the first Tuesday Ticker of the year, we’ll look at two stocks that saw exponential growth in 2023—Chinese automaker Xpeng and fan-favourite Toyota. Eyes on Xpeng Analysts are looking at Chinese brands like Xpeng Motors for peak performance in 2024. Xpeng is expecting a “brighter 2024,” in the OEM’s own […]
Tuesday Ticker: General Motors adjusts to contract costs; Toyota offloads auto supplier shares
Toronto, Ontario — In this weekly Tuesday Ticker, General Motors changes some plans following some pricy labour contract costs, while Toyota and its affiliates offload a hefty number of shares in efforts to raise funds for electrification efforts. General Motors makes a U-turn General Motors is scaling back its EV and autonomous vehicle efforts following […]
Tuesday Ticker: June 14, 2022
Toronto, Ontario — It’s all-electric in this weekly Tuesday Ticker as Tesla proposes a stock split; Rivian updates investors in its first annual shareholders’ meeting and two battery players join forces with B.C.-based Nano One Materials. 3-for-1, but not like the sales Tesla has filed its proxy statement for the upcoming annual meeting of stockholders, […]
Tuesday Ticker: May 24, 2022
Toronto, Ontario — Ford throws seven million more Rivian shares up for sale while Uber tries to offset its losses in Collision Repair’s weekly Tuesday Ticker. Red-tag item, Rivian Last week, it was reported Ford Motor Co. had offloaded eight million shares in electric vehicle startup Rivian. On Monday, May 16, the automaker sold a […]
Tuesday Ticker: April 26, 2022
Toronto, Ontario — In this Tuesday Ticker, General Motors shares some hefty news a mere day before the OEM reveals its Q1 2022 financial reports, while 3M plans to leverage technology from a digital inventory management solutions company. Corvettes and currents General Motors will launch an electric version of the Chevrolet Corvette sports car starting […]
Tuesday Ticker: April 19, 2022
Toronto, Ontario — It’s all about automakers in this weekly Tuesday Ticker as electric vehicle stocks are shocked as analysts fret about potential Chinese COVID restrictions; Toyota delivers less-than-surprising news regarding its May 2022 production outlook and Elon Musk continues to worry investors about his mission to buy Twitter. Electric hiccups Electric vehicle stocks saw […]
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: December 7, 2021
Toronto, Ontario — This week, Toyota tops the charts for sales and earnings in 2020 and AutoCanada doubles its number of Ontario stores. Tip top Toyota Toyota was the top-selling and highest-earning automaker in 2020, according to Uswitch’s recently released “Car Brand Earnings” research report. According to the data, Toyota made US$275 billion in 2020: […]
Tuesday Ticker: November 30, 2021
Toronto, Ontario — This week, Uber and Lyft overtake Vancouver and Lion Electric marks gains thanks to a repeat buyer. Taxi? Hail no! Trips via ride-hailing services like Uber and Lyft outnumber taxi rides in Vancouver two-to-one, according to recent statistics commissioned by the BC Passenger Transportation Board and compiled by Hara Associates. Researchers in […]
Tuesday Ticker: July 27, 2021
Toronto, Ontario — This week, Stellantis teases EV plant operations on Canadian soil; Magna International makes an ADAS-aware move for its future and PPG reveals its Q2 2021 financials. Smooth-talking Stellantis Stellantis, formerly known as Fiat Chrysler Automobiles, is reportedly deciding on North American locations for two new electric vehicle battery plants, one of which […]
