Partners in Paint: PPG acquires Cetelon Lackfabrik GmbH
Pittsburgh, Pennsylvania — The giant that is PPG continues to grow as the automotive paint developer announced that it has acquired Cetelon Lackfabrik GmbH, a fellow coatings manufacturer across the ocean in Germany. “The strategic acquisition of Cetelon will allow PPG to further build upon its existing coatings product portfolio, liquid and powder coating technologies […]
Navigating a New Normal: Free SEMA webinar discusses employment challenges post-COVID
Toronto, Ontario — On May 6, at 1:00 p.m. EDT, SEMA will give free access to a one-hour webinar, which will discuss employment issues facing small businesses as they navigate a summer that will hopefully mark the final chapter in the COVID-19 pandemic. SBLCs Strategic Policy Director and employment law attorney Jessica Summers, will present […]
Springtime Supply: Auto maintenance shops see surge in traffic and repairs
London, Ontario — Spring tends to be a busy time for the auto shops—even amid a global pandemic—as drivers switch from Winter to Summer tires. However, according to a CBC article some London, Ont., auto shops are beginning to notice an increase in battery issues and brake work, on top of the tire change demand. […]
Perfect Match: AirPro Diagnostics and Auto Techcelerators announce licensing agreement
Jacksonville, Florida — In a meeting of great minds in the ADAS sector, AirPro Diagnostics and Auto Techcelerators, LLC announced on Tuesday that they have completed an exclusive technology licensing agreement with AirPro Diagnostic. The two companies have officially entered into a partnership with the plan to integrate Auto Techcelerators’ ADAS, Calibration and Test Drive […]
Ford’s Figures: Ford to release Q1 earnings on April 28, followed by conference call
Dearborn, Michigan — Mark your calendars and get your calculators out, Ford has picked a date for its Q1 earnings conference call. Ford president and CEO Jim Farley will be releasing the numbers from this fiscal year’s first quarter at 4:05 p.m. EST on April 28. Immediately following that, at 5 p.m Farley, along with […]
Sci-Fi Stocks: Former GM exec aids in merger with German VTOL developer
Toronto, Ontario — Officially making his way onto the U.N.’s list of auto execs that may also be mad scientists, the former head of operations for General Motors in North America, Barry Engle and his company Qell Acquisitions Corp. have entered into a deal with a German aviation startup that is aiming to circle in […]
Tuesday Ticker: March 30, 2021
Toronto, Ontario — Boyd unveils its 2020 financial results, Elon Musk makes moves to accept crypto-cash and Lyft shares its sunny outlook for the months ahead in this week’s Tuesday Ticker. Boyd’s books Boyd Group Services has announced its financial results for the full-year ended Dec. 31, 2020, revealing that company saw same-store sales fall 15.6 […]
Tuesday Ticker: March 23, 2021
Toronto, Ontario — In this week’s Tuesday Tickers, U.S. officials set their eyes on Canada for EV material production, Porsche further considers the idea of an initial public offering and market analysts make wild predictions on Tesla’s future share prices. Scouting success On Thursday, the U.S. Department of Commerce is hosting a closed-door virtual meeting […]
Boyd Howdy: Boyd Group announces $0.141 cash dividend for Q1
Winnipeg, Manitoba — Boyd Group Services Inc. announced on Wednesday that it’s quarter one cash dividend will be $0.141 per common share. The Winnipeg-based collision repair banner said in their announcement that the dividend will be payable on April 28 to common shareholders of record at the close of business on March 31. For more […]
Li-Cycle Listed: Ontario battery recyclers files to go public on NYSE
Mississauga, Ontario – Li-Cycle is raising funds for global expansion by going public on the New York Stock Exchange (NYSE) in a deal that values the battery recycler at US$1.7 billion, the company announced Tuesday. The five-year-old private company has unveiled plans to merge with Peridot Acquisition Corp., an NYSE-listed special acquisition corporation (SPAC). If […]
