Tuesday Ticker: Waymo earns US$5.6 billion in latest investment round; Boyd to release Q3 results Nov. 5
Toronto, Ontario — In today’s Tuesday Ticker, autonomous ride service Waymo marks US$11 billion in total capital raised following its latest investment round. Plus, Boyd Group Services sets the date for its Q3 2024 financial results. Woohoo for Waymo Self-driving robotaxi company Waymo has closed a US$5.6 billion funding round—the largest investment in the company’s […]
Tuesday Ticker: Advance Auto Parts sells Worldpac to former Axalta owner; Canada imposes tariffs on Chinese-made EVs
Toronto, Ontario — Advance Auto Parts sells its Worldpac unit to a private equity firm and Canada announces tariffs on Chinese-made electric vehicles in this weekly Tuesday Ticker. Selling Worldpac Advance Auto Parts has sold its Worldpac unit for US$1.5 billion, the company announced last Thursday. The sale is part of Advance Auto Parts’ latest […]
Tuesday Ticker: AutoCanada reports Q2 2024 financial results; Rivian pauses Amazon van production
Toronto, Ontario — In this weekly Tuesday Ticker, AutoCanada announces its Q2 2024 results and says it’s performing a “strategic review” of its non-profitable and non-core operations, while Rivian stocks dip due to a production pause. About AutoCanada AutoCanada’s Q2 2024 total sales decreased 8.8 percent year-over-year, and the company is performing a “strategic review” […]
New Age: Boyd Group spent US$4.8 million on network technology upgrades in Q1 2024, increased scanning and calibration workforce by 60 percent
Winnipeg, Manitoba — Boyd Group Services released its Q1 2024 financial results on Wednesday, revealing the company spent US$4.8 million on network technology upgrades in the first three months of 2024. Company CEO Tim O’Day added that the company has increased the number of scanning and calibration services it can perform in-house by increasing its […]
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 […]
