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Business: Page 118
EV
Fisker Finds A Friend: Apple car collaboration could be incoming
The manufacturing company that has been making your IPhone for over a decade is in line to make your car too.
Collision Repair
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 […]
Business
Greyhound’s Final Race: Greyhound closes operations in Canada, won’t effect cross-border routes
Toronto, Ontario — In an announcement that will likely have significant impacts on transportation in Canada’s most remote corners, and undoubtedly serve as a severe blow to blues musicians the world over, Greyhound has officially ended operations in Canada as of Thursday. According to the press release, this closure will have no impact on the […]
Collision Repair
Starting Strong: Uni-Select releases Q1 financial results
Toronto, Ontario — Quebec-based automotive paint manufacturer Uni-Select Inc. have reported a “strong start to the year” following the release of the company’s Q1 financial report on Thursday. The company noted a number of highlights from Q1 in the report: EBITDA(1) of $24.8 million; adjusted EBITDA(1) of $28.2 million or 7.6 percent of sales, up […]
Collision Repair
Tech Trends
THE PACE OF PROGRESS American automotive technology company CCC Information Services is reporting a more than 50 percent year-over-year increase in claims processed using artificial intelligence (AI) and deep learning. The company also reports that more than 5 million unique claims have been processed using a CCC deep learning AI solution, and the number of […]
Collision Repair
Training
VOLKS-REALITY Volkswagen is exploring virtual reality (VR) training delivery to educate collision repair students on the automaker’s technology, repairing mixed materials, joining techniques, electric vehicle repairs and more. During February’s SkillsCanada Automotive Technology Summit, Volkswagen collision repair program manager Scott Wideman delivered a demonstration and discussion of the automaker’s endeavours in VR training. The demo […]
Summer of the Civic: Honda starts Ontario production of the 2022 Civic sedan
Arriving at dealerships in North America this summer, Honda has officially commenced production of the all-new, 2022 Honda Civic Sedan at Honda’s plant in Alliston, Ont.
Internacional Inauguración: Fix Network welcomes first locations in Mexico
Blainville, Quebec - Fix Network is expanding it’s franchise, this time to Mexico. The locally owned collision, glass and mechanical repair facilities now has over 2,000 points of service worldwide.
Eyes on ADAS: AirPro Diagnostics and Spanesi Americas announce exclusive agreement
Jacksonville, Florida — AirPro Diagnostics and Spanesi Americas have announced an exclusive agreement that will see AirPro’s suite of diagnostic and ADAS calibration services provided to current and prospective customers of Spanesi Americas, as part of the company’s Spanesi 360 offering. “Spanesi has experienced tremendous growth in the collision repair community in North America and […]
Tuesday Ticker: May 11, 2021
Toronto, Ontario — In this week’s Tuesday Ticker, Quebec’s Lion Electric goes public via a recently completed merger, auto parts manufacturer Martinrea reports significant gains for Q1 2021 and U.S labour groups file an USMCA complaint on a Mexican auto parts manufacturer.The Bull, the Bear and Lion Quebec-based electric vehicle (EV) manufacturer Lion Electric began […]
Flying Roof Rails: Ford Motor Company issuing safety recall for roof rails in select Explorer vehicles
Toronto, Ontario — Ford Motor Company is issuing a safety recall for select 2016 to 2019 Ford Explorer vehicles for roof rail covers that may become detached from the vehicle while driving. Even though the automaker told U.S. authorities that recall was not needed just last April, according to CBC. Affected Explorer series vehicles include […]
Partners in Paint: PPG acquires Cetelon Lackfabrik GmbH
Pittsburgh, Pennsylvania — The giant that is PPG continues to grow as the automotive paint developer announced that it has acquired Cetelon Lackfabrik GmbH, a fellow coatings manufacturer across the ocean in Germany. “The strategic acquisition of Cetelon will allow PPG to further build upon its existing coatings product portfolio, liquid and powder coating technologies […]
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