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Stock impact report

'Complete halt': Auto parts workers struggle as the EV transition loses momentum [Financial Post (Toronto, Ontario, Canada)]

The Goodyear Tire & Rubber Company (GT) 
Last the goodyear tire & rubber company earnings: 4/30 07:15 am Check Earnings Report
US:NYSE Investor Relations: goodyear.com
Company Research Source: Financial Post
Unifor, the labour union that represents the largest number of auto-sector workers, has established a handful of action centres, with support from Ontario, where unemployed members can find job boards, sign up for courses to build new skills or polish their resumés. (Disclosure: Unifor represents the Financial Post newsroom.) “It's not a good time to be unemployed,” said Schneider, who has become a coordinator at one such centre in Brampton. “People are talking about, ‘Well, I've got to sell my house,' but it's not a good time to sell. I don't know how many more things can go against us, but I got to keep pushing on, (and) I keep telling people, ‘Don't worry, things will start to look up.'” Against this backdrop, the momentum in the EV transition has also come into question. Likeleli Seitlheko, an economist at TD Economics, said EVs have had “phenomenal growth,” accounting for 12 per cent of new light-duty vehicle registrations in the first half of 2024 in Canada. But adoptio Show less Read more
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