Tuesday Ticker: EV demand influencing Volkswagen sales; Rivian misses Q3 delivery expectations, cuts production guidance
Toronto, Ontario — In this weekly Tuesday Ticker, Volkswagen mulls reasons for its decreased passenger car sales, while Rivian seeks loans and reduces its full-year production forecasts. Volkswagen on a tightrope Volkswagen’s passenger car sales are down more than one full percentage point, and EVs could have something to do with it. In early September, […]
Tuesday Ticker: Boyd Group announces Q2 2024 cash dividends; Rivian makes further layoffs
Toronto, Ontario — In this weekly Tuesday Ticker, Winnipeg, Man.-based Boyd Group Services announces its Q2 2024 cash dividends, payable at the end of July. Plus, Rivian makes another round of layoffs in the face of Q1 2024 losses. Quarterly dividends Boyd Group Services has announced its cash dividend for Q2 2024. The network will […]
Tuesday Ticker: AutoCanada reports Q1 results, citing ‘challenging operating dynamics’; Magna reveals Q1 numbers
Toronto, Ontario — In this weekly Tuesday Ticker, AutoCanada reports decreased Q1 2024 revenues, compared to Q1 2023, while Magna’s financial results touch on the company’s relationship with EV maker Fisker. A ‘challenging’ quarter Edmonton, Alta.-based dealership group AutoCanada reported its Q1 2024 results last week, commenting that market conditions culminated in “challenging operating dynamics […]
Tuesday Ticker: Robotaxi beckons; Toyota takes over Daihatsu operations
Toronto, Ontario — In this weekly Tuesday Ticker, Tesla teases a “robotaxi” rollout, while Toyota claims the reins for its subsidiary’s operations outside Japan. Meanwhile, Unifor lets Ford know how it feels about its decision to delay EV production by two years. Robotaxi rollout Tesla CEO Elon Musk has announced that the company’s long-awaited autonomous […]
Tuesday Ticker: Tesla rakes in regulatory credit cash from other automakers; Stellantis sees significant profit drops
Toronto, Ontario — It’s eyes on automakers in this weekly Tuesday Ticker as Tesla rakes in cash from other automakers, while Stellantis reveals that profits fell 10 percent in the latter half of 2023 due to United Auto Workers strike action. Regulatory revenues Tesla continues to earn funds in regulatory credit revenue, despite the OEM’s […]
Tuesday Ticker: PPG, Axalta, AkzoNobel report Q4 and full-year 2023 results
Toronto, Ontario — This weekly Tuesday Ticker is focused on coatings performance for Q4 and full-year 2023. Check out earnings and reports from PPG, Axalta and AkzoNobel in this week’s feature. PPG marks more records PPG reported record fourth-quarter sales for 2023, with net sales of $4.4 billion, up four percent year-over-year. For the full […]
Tuesday Ticker: Rivian hires longtime Apple hardware designer
Toronto, Ontario — In this weekly Tuesday Ticker, Rivian goes Apple picking for new hires, while AutoCanada marks a date for its Q4 2023 and full-year 2023 results call. AutoCanada’s annuals Edmonton-based dealer group, AutoCanada, will release its financial results on Thursday, March 7, 2024, before the markets open, the company announced this past Monday […]
Tuesday Ticker: Tesla shares drop three percent amid supply chain and other struggles; Toyota makes plans for a stellar year
Photo: Gigafactory Berlin-Brandenburg. Michael Wolf. Toronto, Ontario — In this weekly Tuesday Ticker, Tesla faces a triple threat of troubles, while Toyota makes plans to break production records for the second consecutive year. The NASDAQ remained closed on Monday due to Martin Luther King Day. Tumultuous times for Tesla Tesla is facing supply chain delays […]
Tuesday Ticker: Boyd Group announces Q1 cash dividend, Magna feels effects of rising interest rates
Toronto, Ontario — In this weekly Tuesday Ticker, Boyd Group announces a cash dividend for the first quarter of 2023 and rising interest rates, among other macroeconomic factors, put strain on Magna stocks. Betting on Boyd Boyd Group announced Friday a cash dividend for the first quarter of 2023 of $0.147 per common share. The […]
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. […]
