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: 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 […]
Through the Storm: Uni-Select reports 2020 full year financial results, says automotive aftermarket businesses fared better than refinish business
Boucherville, Québec — Uni-Select has reported its financial results for Q4 2020 and the year ended Dec. 31, 2020. According to the company, Sales for 2020 were down 15 percent, with performance largely impacted by the pandemic. Sales for 2020 Q4 were down 11.2 percent compared to the same quarter in 2019—“in line with those […]
Manheim UVVI: used vehicle prices slumps after hurricaines pass
Atlanta, Georgia — January 10, 2018 — Used vehicles prices have softened in the wake fierce hurricane season. The Manheim Used Vehicle Value Index—which accounts for wholesale pieces adjusted for mix, mileage and season—came to a reading of 132.0 last December. While a 5.6 pointover last year, is also marks the lowest levels seen since […]
Canada: cooling on cars, picking up on pickups
By CRM staff Richmond Hill, Ontario — January 10, 2018 — While sales of cars slipped in Canada last year, it was a record-breaking year for vehicle sales overall, thanks to the number of light trucks bought by Canadians, according to a report released by DesRosiers Automotive Consultants. With Canadians buying more than two million […]
