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: May 10, 2022
Toronto, Ontario — In this weekly Tuesday Ticker, AutoCanada picks up two luxury dealerships in Ontario, teasing the potential to expand its collision services; Uni-Select reports a “strong start” to the year with its Q1 2022 financial results, and a Toronto-based parts maker sees big drops in net profits. Leaning on luxury AutoCanada added two […]
Tuesday Ticker: January 25, 2022
Toronto, Ontario — In this weekly Tuesday Ticker, PPG reports its Q4 2021 and full-year results, while Honda makes a deal with a lithium-metal battery supplier. Picking up pace PPG reported both its full-year 2021 and Q4 2021 results last Friday, reporting net sales of about US$4.2 billion for the final quarter of 2021, about […]
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: 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 […]
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: 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. […]
