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Business: Page 106
Collision Repair
Welcomes of the Week: CARSTAR Brossard
Brossard, Quebec — CARSTAR Canada is proud to announce the opening of CARSTAR Brossard, at 761 Boul. Matte, Brossard, Quebec. Owner of CARSTAR Brossard, Maxime Waked, has been a part of the CARSTAR family since 2015 and has since grown his business to now four locations with this newest addition. Waked credits his focus on […]
Business
Ready, Set, Rivian: Electric automaker set to launch $60+ billion IPO
Irvine, California — Electric automaker Rivian is set to launch its initial public offering in the second week of November, with a proposed valuation of just over US$60 billion, according to a report from the Wall Street Journal. Rivian disclosed its target valuation in an updated regulatory filing Nov. 1, said the WSJ. The automaker […]
Collision Repair
If it Ain’t Broke: LKQ says salvage parts out-performing aftermarket in Q3 earnings report
Toronto, Ontario — LKQ released its third quarter earnings report last Thursday and found that recycled parts are out-performing the aftermarket in revenue. President and CEO Dominick Zarcone believes he knows why. “Salvage parts come from the local markets, right? We buy total loss vehicles locally, we dismantle them locally and then we can distribute […]
Collision Repair
Consolidation Craze: Vincent Romans predicts aggressive consolidation
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Collision Repair
Hello, Harbourside: Chapman Autobody acquires third location
Dartmouth, Nova Scotia — Kelvin Campbell and the CSN Chapman Auto Body team are thrilled to announce the acquisition of Chapman Auto Body Harbourside, marking the company’s third location in Nova Scotia. As of Monday, November 1, Chapman Auto Body is the proud new owner of CSN Harbourside Collision—now Chapman Auto Body Harbourside—in Dartmouth. In […]
Collision Repair
Mojave Mayhem: Come see Collision Repair mag at the SEMA Show
Las Vegas, Nevada — The 2021 SEMA Show kicks off today, November 2—and Collision Repair mag will be there all week covering the action! Come visit Collision Repair mag at Booth #34233 in the Collision Repair and Refinish Hall today through November 5, where magazine publisher Darryl Simmons will be greeting all your friendly faces […]
Industry Educator: Repairify names Chris Chesney as new v-p of automotive training and development
Toronto, Ontario — Repairify Inc. has a new face coming to its automotive training and development department as the company welcomes industry veteran Chris Chesney to his new role as vice president. “Chris Chesney is widely regarded as one of the greatest educators in the automotive industry. He has the experience of building and growing […]
Tuesday Ticker: November 2, 2021
Toronto, Ontario — This week, Uber outperforms lift in the immediate aftermath of pandemic lockdowns; automakers announce Q3 losses across the board and Tesla CEO Elon Musk looks to solve world hunger with the UN’s assistance. Do you even Lyft? Market analysts say that Uber is outperforming Lyft as ridesharing ramps up from pandemic lows. […]
Reviewing Rates: Saskatchewan Rate Review Panel asking for a rate reduction for Saskatchewan Auto Fund
Regina, Saskatchewan — The Saskatchewan Rate Review Panel (SRRP) is asking for a rate reduction for the Saskatchewan Auto Fund from the provincial government rather than the revenue neutral rate change that was originally proposed by SGI. SGI’s rate proposal from June recommended no change for Saskatchewan Auto Fund rates, but included an overall 1.7 […]
Electric Education: Registration opens for ARC EV education event
Toronto, Ontario — With new information on electric vehicles being released by OEMs faster than can be absorbed, along with new investments from different levels of government, battery recyclers, battery re-users, Steve Fletcher and the Automotive Recyclers of Canada have decided to hold a webinar in November to lay it all out for the Canadian […]
A Cut Above: Firefighters compete in Auto-Ex competition at Standard Auto Wreckers
Scarborough, Ontario — It may have been one of October’s chilliest mornings yet, but that did nothing to dampen the vigour of Markham, Ont. and Oakville, Ont.’s firefighter crews, who competed in the annual Auto-Ex Competition at Standard Auto Wreckers last Friday, October 22. David Gold, the owner of Standard Auto Wreckers, was generous enough to […]
Meeting Needs: Day two of Spanesi Interactive Week tackles supporting staff and community
Toronto, Ontario — Spanesi wrapped up day two of its Interactive Week on Tuesday, after industry experts gave their insights on how to identify and address the needs of the repair process, of the bodyshop and of the customer. The day started off with a presentation from senior engineer of body and paint at Ford, […]
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