Tuesday Ticker: December 14, 2021
Toronto, Ontario — This week it’s all about the electric automakers as Tesla shares drop and Rivian sees a rise. Up and down Despite Tesla CEO Elon Musk’s recently-announced title of TIME Magazine’s 2021 Person of the Year, Tesla stock fell sharply on Monday. Shares fell about 4.7 percent amid Monday’s trading. Analysts suspect the […]
Breaking Barriers: RBC donates $450K to Sask Polytech Skills Enhancement Training
Saskatoon, Saskatchewan — A recent donation from RBC is aiming to remove barriers for BIPOC youth in the trades, with a $450,000 donation earmarked for the support of Saskatchewan Polytechnic’s Skills Enhancement Training projects. The projects focus on women, Indigenous peoples, new Canadians, visible minorities, 2SLGBTQ+ and people with varying abilities. Nakary Lopez Ojeda, a […]
Loose Latches: Honda recalls 50,000 SUVs and trucks in Canada
Toronto, Ontario — Honda is recalling nearly 789,000 vehicles globally due to a defect that could result in hood latch failure. According to a Honda Service Bulletin, the issue is caused by an improper setting of the gap between the vehicle’s hood and grille. Technically, the issue could also result in dealer repair or replacement […]
Talking Equity: Hyundai Canada donates $500K to BIPOC programming for Kid’s Help Phone
Markham, Ontario — Hyundai Canada is continuing on as a leader of social change in the Canadian auto industry, as the OEM just announced a $500,000 donation over the next two years to aid Kid’s Help Phone in developing programs for Black and Indigenous youth. Hyundai Canada’s donation will support Kids Help Phone’s Indigenous Youth […]
Setting the Pace: PPG named official supplier of Indianapolis Motor Speedway, NTT INDYCAR SERIES
Indianapolis, Indiana — PPG has yet again been named official paint and finishing supplier of the Indianapolis Motor Speedway (IMS) and the NTT INDYCAR SERIES. “We are excited to continue and further expand our relationship with racing and specifically with the historic Indianapolis Motor Speedway,” said PPG chairman and CEO Michael McGarry. “PPG paints, coatings […]