Tuesday Ticker: AutoCanada net income down in Q4 2022; Martinrea reports major gains
Toronto, Ontario — In this weekly Tuesday Ticker, AutoCanada reports net income decreases and records in full-year reports, while Ontario auto parts manufacturer Martinrea marks 20 percent gains in Q4 2022 sales. Meanwhile, proxy advisors suggest Ritchie Brothers Auctioneers steers clear of its deal to acquire IAA Inc. Record highs and lows AutoCanada reported its […]
Tuesday Ticker: Rivian, VINFast reveal layoffs; Canadian Tire shares climb 12 percent year-to-date
Toronto, Ontario — This week, two electric vehicle makers announce job cuts in the North American market while Canadian Tire revives its share prices. Relieved from Rivian Rivian is laying off six percent of its workforce, CEO R.J. Scaringe announced in an email to employees last week. Analysts suspect the layoffs to be prompted by […]
Tuesday Ticker: Toyota remains world’s top-selling automaker; EV stocks rally and drop
Toronto, Ontario — Toyota remains the top-selling automaker globally, but not in Canada; Lucid and other EV stocks see a short-lived increase and Uni-Select prepares to unveil its Q4 2022 results in this weekly Tuesday Ticker. Toyota on top Toyota sold more than 10.5 million vehicles in 2022, retaining its spot as the world’s top-selling […]
Tuesday Ticker: Tesla offers Canadian discounts; Magna forms agreement to purchase self-driving tech from Veoneer
Toronto, Ontario — In this–the final Tuesday Ticker of 2022–Tesla introduces temporary Canadian ‘credits’ on certain models; Magna picks up a long-expected acquisition and J.D. Power estimates EV growth in the U.S. car parc. Sales in the name of supply goals Tesla announced discounts n its Model 3 and Model Y electric vehicles on Dec. […]
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: February 8, 2022
Toronto, Ontario — In this weekly Tuesday Ticker, Magna makes its moves into the autonomous technology realm with its acquisition of Optimus Ride; an Ontario based auction house marks a stellar start to 2022 and Ford dog-ears huge sums for EV development. Magna moves into autonomous tech Magna International has hired more than 120 employees […]
Tuesday Ticker: October 19, 2021
Toronto, Ontario — In this weekly edition of Collision Repair’s Tuesday Ticker, PPG breaks a number of its own records and Stellantis enters a lucrative partnership with an electronics giant. Pumped up PPG PPG stock has hit a new high four times over in the last five days, according to the market tracking website FostersLeader. […]
Tuesday Ticker: September 21, 2021
Toronto, Ontario — This week, the Toronto Stock Exchange (TSX) names AutoCanada to a top performers list, analysts predict record delivery numbers for Tesla in both 2021 and 2022, while Boyd Group Services announces its Q3 cash dividend. AutoCanada on top Edmonton, Alberta-based dealership group AutoCanada has been featured on the TSX30 List, which “highlights […]
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 […]
Tuesday Ticker: June 1, 2021
Toronto, Ontario — Magna and LG Electronics officially announce a launch date for its electrifying joint venture; classic car prices skyrocket and the Boyd Group sees 10 percent decreases to its share prices since the start of May, prompting investor attention, in this week’s Tuesday Ticker. LG and Magna move ahead Canadian auto parts manufacturer […]
