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Business: Page 100
Collision Repair
The Story of Inventory: Truck sales prevail amid global inventory shortages, DesRosiers report says
Toronto, Ontario — DesRosiers Automotive Consults Inc. has released its year-end sales report for the Canadian auto sales industry in which the company boils down the past year to the following idea: if 2020 year was the year of no customers; 2021 is the year of no cars. A year into various forms of COVID-19 […]
Collision Repair
Farewell Frank: Linamar founder Frank Hasenfratz dead at 86
Guelph, Ontario — Frank Hasenfratz, founder of Guelph, Ontario-based auto parts manufacturer Linamar, has died at the age of 86 years old. Hasenfratz, a survivor of the Hungarian Revolution, was surrounded by family as he finished his battle with cancer on Saturday. Using his skills as a toolmaker and machinist, Hasenfratz managed to start a […]
Business
Tuesday Ticker: January 11, 2022
Toronto, Ontario — In this week’s Tuesday Ticker, Magna International announces a brand new EV centre, Volkswagen of America CEO complains that the automaker’s total-units-sold could be higher and General Motors partners with Qualcomm for a revamped Ultra Cruise. Electric energy at Magna HQ Magna International announced last week it plans to develop a new […]
General News
EV/AV Report: January 10, 2022
Toronto, Ontario – In this week’s electric and autonomous vehicle report, VinFast prepares to enter the Canadian EV market later this year, Nova Scotia makes strides in connecting more communities to the EV charging grid and General Motors unveiled its champion in the electric pickup race. New player has joined Vietnamese EV startup VinFast unveiled […]
Collision Repair
Civic Society: Honda Civic best-selling car in Canada for 24th consecutive year
Toronto, Ontario — Collision repairers might as well start tattooing Honda Civic repair procedures all over their bodies because that car is not going anywhere any time soon as the OEM announced Friday that the flagship model is a best-seller in Canada for the twenty-fourth year running. Honda says that they managed to move 43,556 […]
Collision Repair
Done Deal: Boyd Group Services completes CEO succession plan
Winnipeg, Manitoba — On Jan. 4, Boyd Group Services announced it had completed its CEO Succession Plan that was first announced in August 2019. Effective Jan. 2, 2020, former Boyd Group president and CEO Brock Bulbuck moved into an executive chair role, with Tim O’Day succeeding Bulbuck as president and CEO. Bulbuck remained in the […]
Go for Glass: Driven Brands expands auto glass offering into U.S. with Auto Glass Now acquisition
Charlotte, North Carolina — Driven Brands announced the expansion of its auto glass offering into the United States Tuesday with its acquisition of Auto Glass Now (AGN). The company acquired AGN for approximately US$170 million on Dec. 30, 2021. The acquisition makes Driven Brands one of largest auto glass service providers in North America, said […]
Tuesday Ticker: January 4, 2022
Toronto, Ontario — In this weekly Tuesday Ticker, Tesla nearly meets its delivery goal for 2021—prompting big gains—while Hyundai plans the funeral for its internal combustion engine development unit. Tesla tops it off Tesla was quite outspoken in 2021 regarding its million-vehicle delivery goal but, according to a company release from Sunday, the company came […]
A Month Out: The plan for CCIF Toronto
Toronto, Ontario — While this year’s Canadian Collision Industry Forum (CCIF) Toronto event will have no trade show portion, there are plenty of educational sessions and networking opportunities to look forward to. An AkzoNobel led workshop—How to Build a Culture of Execution—will take place February 3 from 4:30 p.m. to 6:30 p.m., followed by an […]
Welcomes of the Week: Lordco opens fourth Alberta store
Edmonton, Alberta — Lordco Auto Parts has opened its fourth Alberta store, located at 4122 Calgary Trail. The store held a grand opening event for the Southwest location in early December, adding to Lordco’s presence in the province with the existing Northeast Calgary, Northeast Edmonton and Southwest Edmonton locations. The company was also recently recognized […]
Tuesday Ticker: December 28, 2021
Toronto, Ontario — As we close out 2021, this week’s Tuesday Ticker is all about the top six automotive industry stocks to turn your eyes to—or avoid at all costs—in 2022. Check out Collision Repair’s list of stocks to watch below! Tesla Seems like a duh, right? Tesla has reached all-time heights in 2021, […]
Early Bird Gets the Training: URG 2022 Training Conference registration now open
New Orleans, Louisana — Registration for the United Recyclers Group’s 2022 Training Conference is now open. The conference will take place from April 7 through 9, 2022, at the Hyatt Regency New Orleans. URG is promising two days of expert training, award-winning speakers, networking opportunities, exhibitors and mixers. For more information on the conference, please […]
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