Tuesday Ticker: October 5, 2021
Toronto, Ontario — This week, Magna gets booted from its proposed deal with automotive technology group Veoneer, Rivian officially files its initial public offering (IPO) and Axalta reevaluates its full-year guidance. Melancholy at Magna Swedish automotive technology firm Veoneer has opted to go with Qualcomm’s $37-per-share merger bid following a previously announced merger with Aurora, […]
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: September 7, 2021
Toronto, Ontario — This week, Tesla admits to Cybertruck delays, Apple continues its search for an OEM partner in Asia and Uber implements a benefits program following a long-winded debate with its independently contracted workers. Parts delays, or lost in space? Tesla’s Cybertruck debut has fallen about a year behind schedule and won’t start production […]
Tuesday Ticker: August 24, 2021
Toronto, Ontario — In this week’s AutoCanada reports its Q2 2021 financials–blowing 2020’s results out of the water–while the Taiwanese government provides hope for a forthcoming end to the global microchip shortage. AutoCanada picks up pace AutoCanada has announced its second-quarter results for 2021, outpacing last year’s net income by 288 percent. Revenue for the […]
Tuesday Ticker: August 10, 2021
Toronto, Ontario — This week, Uni-Select reports its second-quarter financial results, Toyota Canada claims record-breaking July sales numbers and U.S. President Joe Biden says he plans for 50 percent of the nation’s new vehicle sales to be electric. Uni-Select says up, up and away Uni-Select reported its second-quarter financial results last week, reporting “strong market […]
Tuesday Ticker: July 20, 2021
Toronto, Ontario — In this Tuesday Ticker, the Bank of Canada plans to let inflation run on past its previously planned targets, the European Union says it will wave goodbye to gas-powered vehicles in 2035 and top execs at Toyota say it’s “too soon” to be focussing only on electric cars. Get to runnin’ The […]
Tuesday Ticker: July 13, 2021
Toronto, Ontario — Apple’s co-founder declares support for the Right to Repair movement, Uber Canada shifts its operations from the Netherlands to Canadian soil and all eyes set sights on EV stocks in anticipation of a U.S. presidential infrastructure announcement—all in this week’s Tuesday Ticker! Wozniak’s words Apple co-founder Steve Wozniak voiced support for the […]
Tuesday Ticker: June 29, 2021
Toronto, Ontario — Magna discloses a seven percent stake in Fisker; General Motors ups its EV and autonomous vehicle spending and Tesla encounters service problems in China in this edition of Collision Repair’s Tuesday Ticker. Funds in Fisker Magna International reported last week that it holds 12,969,986 shares in Fisker, giving Magna a 7.4 percent […]
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 […]
Tuesday Ticker: May 25, 2021
Toronto, Ontario — In this week’s Ticker report, Boyd Group’s Canadian chains report 34 percent dips in revenues, PPG finalizes another acquisition and cyberhackers take hold of a Toyota Auto Body server. Boyd’s Q1 blunders Boyd Group, which operates Canadian collision centres under the Boyd Autobody and Glass and Assured Automotive networks, has reported a […]
