Tuesday Ticker: Kia Canada sets historic annual sales record in 2024; while Hertz offers renters the opportunity to buy electric vehicles at reduced prices
Toronto, Ontario – In this weekly Tuesday Ticker, we look at some of the first highs and lows of the automotive industry, with Kia Canada reporting historic annual sales records for the end of 2024; while Hertz begins offering renters the opportunity to instead buy its stock of electric vehicles as it continues to downsize. […]
Tuesday Ticker: Automotive stocks to watch in 2025
Toronto, Ontario — As some of us look to trade 2025, the automotive repair and collision repair industries in Canada are poised for significant growth. Several publicly traded companies stand out for investors interested in these sectors, reflecting the evolving landscape of vehicle maintenance and repair. The automotive repair sector is driven by a growing […]
Tuesday Ticker: Looking back at financial highlights from 2024
Toronto, Ontario — In this weekly Tuesday Ticker, we’re taking a look back at some of the highlights from 2024 to see the financial ups and downs that gave each season a unique financial forecast. Ramped up production; dwindled deliveries In January 2024, the year began with automaker Rivian announcing its production of 75 percent […]
Tuesday Ticker: Tesla stocks climb even higher; while Nissan changes leadership in effort to combat struggling financial forecasts
Toronto, Ontario — This weekly Tuesday Ticker is all about the stocks. From Tesla seeing its rates climbing even higher in the wake of Donald Trump’s presidential re-election, to Nissan changing its leadership in an effort to combat struggling financial forecasts, this week’s report highlights the ups and downs at the end of the year. […]
Tuesday Ticker: IAA launches market alliance with North America Trading L.L.C; while Northvolt announces Quebec battery plant will proceed despite bankruptcy filing
Toronto, Ontario — In this weekly Tuesday Ticker, IAA has announced that it has launched a new market alliance with North America Trading L.L.C. in the country of Oman; while Northvolt says that its Quebec battery plant will proceed despite Chapter 11 bankruptcy filing in the United States. A Middle Eastern merging Last Thursday, RB […]
Tuesday Ticker: Ford to pay near-record $165-million penalty on recall failure; Northvolt considers possibility of bankruptcy protections
Toronto, Ontario — In this weekly Tuesday ticker, Ford Motor Company has agreed to pay a near-record $165-million penalty to the National Highway Traffic Safety Administration (NHTSA) for allegations of failing to quickly respond to recall measures; while Northvolt is reportedly considering the possibility of bankruptcy protections in the United States. Fine finds Ford Motor […]
Tuesday Ticker: Stellantis to conduct brand review; Tesla increases Canadian destination and documentation fees by 33 percent
Toronto, Ontario — In this weekly Tuesday Ticker, Stellantis CEO Carlos Tavares warns of impending brand reviews, while potential Tesla buyers in Canada weigh their options after the automaker ups fees. Prepare for review Stellantis will review the performance of its brands in the next two to three years to determine whether to reduce the […]
Tuesday Ticker: Tesla unveils its robotaxi; while Polestar announces plans to ‘actually sell cars’
Toronto, Ontario — In this weekly Tuesday Ticker, Tesla unveils its fully autonomous robotaxi and leaves investors wanting more; while electric vehicle manufacturer Polestar plans to begin selling more vehicles via dealerships. Here comes the Cybercab Last Thursday, the launch of Tesla’s long-promised driverless taxi reportedly left investors with a desire for more details about […]
Tuesday Ticker: AutoCanada restructures RightRide division; Stellantis cuts profit outlook
Toronto, Ontario — In this weekly Tuesday Ticker, we look into AutoCanada’s decision to shutter more than half of its RightRide used vehicle sales and service locations. At the same time, Stellantis issues an altered profit guidance amid industry oversupply. Restructuring RightRide AutoCanada is restructuring its RightRide division, closing seven locations—more than half of the […]
Tuesday Ticker: Volkswagen experiences capacity cuts; while Hyundai doubles down on hybrids
Toronto, Ontario — This weekly Tuesday Ticker sees both company expansions and cuts as Volkswagen may reportedly book up to four billion euros in provisions for planned capacity cuts; while Hyundai announces plans to greatly expand its electric vehicle lineup. Historic cuts Volkswagen may reportedly book up to four billion euros in provisions for planned […]
