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Tuesday Ticker: May 18, 2021

Toronto, Ontario ⁠— In this week’s Tuesday Ticker, Tesla waves ta-ta to Bitcoin transactions, Stellantis sets a ten-year timeline for its 14 OEM brands to prove their power (or else) and DesRosiers Automotive Consultants President sells his remaining shares of the company. Tesla says bye-bye, Bitcoin Tesla has suspended its acceptance of Bitcoin payments for […]

Tuesday Ticker: May 4, 2021

Toronto, Ontario ⁠— In this week’s Tuesday Ticker, Volkswagen’s head honcho says the automaker will make its own chips for self-driving vehicles; gig-related stocks suffer following a Biden administration representative interview and Boyd Group Services marks a date for its Q1 financial results reveal. Homemade chips Volkswagen won’t be relying on an outside company for […]

Tuesday Ticker: April 20, 2021

Toronto, Ontario ⁠— In this week’s Tuesday Ticker, Boyd Group Services gets an ‘outperform’ rating from CIBC, PPG makes major moves after exceeding Wall Street’s Q1 expectations and Tesla stock sees a drop following an alleged autopilot-involved accident in Texas. Boost for Boyd Boyd Group Services had its price target raised by stock analysts at CIBC […]

Tuesday Ticker: April 13, 2021

Toronto, Ontario ⁠⁠— Magna partners with an Israeli startup, which will see the Aurora, Ont.-based company build electric vehicles atop the startup’s platform; electric vehicle sales grow in B.C. and General Motors meets its mask production promise to the federal government in this week’s Tuesday Ticker. More moves for Magna Magna International will develop an […]

Tuesday Ticker: March 16, 2021

Watch for financial reports and updates every Tuesday!

Toronto, Ontario ⁠— Ontario embarks on a virtual trade tour to encourage business with California’s auto sector, Canadian Uber workers reject the company’s proposal to soothe tensions and Axalta acquires a Chinese wire-enamel company in this week’s Tuesday Ticker. Ontario on tour The Ontario government is currently leading 18 of what it calls “the province’s […]

Tuesday Ticker: March 9, 2021

Toronto, Ontario ⁠— This week’s Tuesday Ticker sees Canadian Uber employees issue complaints, a Canadian auto parts maker’s Q4 profits drop by 12 percent and General Motors extends microchip shortage closures. Courier complaints A recent report straight from Uber Technologies says the company’s Canadian drivers and couriers don’t think they receive dependable earnings.  Out of […]

Tuesday Ticker: March 2, 2021

Toronto, Ontario ⁠— In this week’s Tuesday ticker, a recent report indicates a consumer switch to private transportation, even pre-pandemic; Quebec-based HGreg auto group joins the cryptocurrency frenzy and  Boyd Group preps for its 2020 Q4 results call. Passengers say, ‘Ta-ta, TTC’ A new report calculates that millions of Toronto transit riders dropped their TTC […]

Tuesday Ticker: February 16, 2021

Toronto, Ontario ⁠— In this week’s Tuesday Ticker, Toyota continues its record-breaking results for 2020, Uber reports losses offset by food deliveries and Elon Musk’s brother and Tesla board member gives up a portion of his Tesla shares. Toyota at the top Toyota has reported that its quarterly operating profit rose to 987.9 billion yen […]

Tuesday Ticker: February 9, 2021

Toronto, Ontario ⁠— Microchip shortages continue to plague Canadian plants with temporary shutdowns, DesRosiers reports Canada’s Jan. 2021 auto sales and Hyundai changes its stance on the rumoured Apple car partnership. Microchip mishaps General Motors is the latest automaker to initiate temporary layoffs at a Canadian plant alongside microchip shortages  General Motors said its CAMI […]

Tuesday Ticker: February 2, 2021

Toronto, Ontario ⁠— In this week’s Tuesday Ticker, Magna teases big outcomes regarding its forthcoming partnership with LG, a Toronto-based auto parts manufacturer sets its sights on the TSX and Ford files Takata-related losses with the U.S. Securities and Exchange Commission. Magna charges on An impending electrified partnership between Aurora, Ont. based parts manufacturer Magna […]

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