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” […]
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 […]
Good Results in All Regions: AkzoNobel publishes 2022 report with financial results
Amsterdam, The Netherlands — AkzoNobel unveiled its 2022 report on Wednesday, which details the company’s activities last year, including financial results and key business developments. High energy costs and labour shortages continued to impact AkzoNobel’s vehicle refinish customers in 2022 while presenting the company with opportunities to support customers’ sustainability ambitions. Nonetheless, director of automotive […]
Tuesday Ticker: Wall Street speculates Rivian results; Li-Cycle receives loan
Toronto, Ontario — In this weekly Tuesday Ticker, analysts speculate Rivian’s impending 2022 Q4 and full year results, while Li-Cycle receives an financial sum from the U.S. Department of Energy. Rivian watch Electric vehicle company Rivian is set to announce its 2022 Q4 and full year results on Tuesday after the markets close. The company […]
Tuesday Ticker: Software setbacks for Tesla and promising prospects for GM
Toronto, Ontario — In this week’s auto industry roundup, software troubles with nearly 80,000 models in China are causing Tesla prices to dip further, while General Motors appears to be on the upswing with several new model launches on the way. One Step Forward, One Step Back Tesla’s stock price was dealt yet another blow […]
Tuesday Ticker: February 15, 2022
Toronto, Ontario — In this weekly Tuesday Ticker, Snow Lake Lithium plans a Manitoba-based lithium mine for EV battery materials; Canadian Tesla drivers grow anxious over the soon-to-be-released Full Self Driving Beta and PPG enters an agreement to acquire an Italian powder coatings supplier. Lithium mines in Manitoba A Manitoban company has a vision to […]
Tuesday Ticker: February 1, 2022
Toronto, Ontario — This week, Rivian buckles down in a mission to meet 2022 delivery goals; Bentley allocates nearly CAD$4 billion to sustainability efforts and Uni-Select preps to unveil its Q4 2021 results. Rivian’s rest Rivian said it’s planning to ramp up its production to “almost 200 delivery-ready units per week,” according to sources from […]
Tuesday Ticker: January 4, 2022
Toronto, Ontario — In this weekly Tuesday Ticker, Tesla nearly meets its delivery goal for 2021—prompting big gains—while Hyundai plans the funeral for its internal combustion engine development unit. Tesla tops it off Tesla was quite outspoken in 2021 regarding its million-vehicle delivery goal but, according to a company release from Sunday, the company came […]
