Business: Page 134

Business
Lacks in Lockdown: Desrosiers unveils Canadian auto sales for December 2020
Toronto, Ontario — December’s automotive sales performance during increased lockdowns brought year-end total automotive sales to only 1.54 million units for 2020 as a whole–a decline of roughly 20 percent from the same time in 2019.  “December saw a somewhat surprising end to the most unpredictable of years,” commented Andrew King, managing partner of Desrosiers […]
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Collision Repair
Driven to the Market: Driven Brands sets potential stock price
Charlotte, North Carolina ⁠— Driven Brands, the owners of Carstar, Maaco, Meineke, Fix Auto USA and several other auto service companies, is looking to raise up to $760 million through an initial public offering (IPO)—which would value the company at about $3.4 billion (all figures in USD).  Driven Brands plans to sell 38 million shares […]
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Business
New Year, New Logo: KIA unveils new logo and global brand slogan
Mississauga, Ontario — Kia has revealed its new corporate logo and global brand slogan that signify the automaker’s bold transformation and all-new brand purpose.  The introduction of the new logo represents Kia’s ambitions to establish a leadership position in the future mobility industry by revamping nearly all facets of the business.  “The new logo is […]
Kia logo
Business
Penguin Pride: PPG logo to be featured on Pittsburgh Penguins’ helmets
Pittsburgh, Pennsylvania — The Pittsburgh Penguins announced an addition to the team’s partnership with PPG, making them the first company to ever be featured on Penguin equipment.  “PPG is proud to be highlighted on the Pittsburgh Penguins’ player helmets this season,” said Bryan Iams, PPG vice president, corporate and government affairs. “This is a unique […]
PPG
Business
Poof Go the Premiums: Manitoba auto insurance rates to drop 8.8 percent
Winnipeg, Manitoba — Manitoba drivers are projected to see auto insurance premiums drop by an average of 8.8 per cent in the coming months.  In early December 2020, the Public Utilities Board (PUB) approved MPI’s request, which averages out to a savings of more than $100. Manitoba Public Insurance (MPI), stated that it can deliver […]
insurance
Business
Student Stats: StatsCanada unveils data on Canadian apprenticeship registration
Ottawa, Ontario — Registration in apprenticeship programs and certifications in the trades have been on a decrease since 2018, as losses in Alberta offset gains in Ontario and Quebec. Statistic Canada recently reported that registration in apprenticeship programs fell 2.9 per cent, and certifications were down 3.9 per cent. Before the pandemic, the number of […]
apprenticeships
In ABP’s Estimation: Solera Audatex named ‘Best Estimating System,’ for the 13th consecutive year
Westlake, Texas — Solera has announced that its Audatex Estimating platform has been named “best estimating system,” by the Auto Body Professionals Club (ABP) in the United Kingdom–for the 13th consecutive year.  “We feel an immense sense of pride,” said Christopher Wright, managing director at Solera U.K. “Our team is committed to providing repair customers […]
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U.S. Expertise: ProColor Collision hires operations specialist for U.S. operations
Laval, Québec — Scott Kostyack has been announced as the strategic operations specialist for ProColor Collision shops in North Carolina, South Carolina, Georgia, and Florida.  “Scott brings a wealth of experience in sales and operations in all areas of the automotive aftermarket industry,” said Paul Randles, regional general manager, Eastern USA, ProColor Collision. “He has […]
Untitled design
Tuesday Ticker: January 5, 2021
Toronto, Ontario ⁠— In this week’s Tuesday Ticker, Magna’s new CEO takes charge, PSA shareholders announce an overwhelming ‘ye’, DesRosiers preps to unveil new data and Volkswagen initiates the first phase of its Takata recalls. Moves at Magna Alongside the ringing of the new year, Magna International officially welcomed Swamy Kotagiri as the company’s new […]
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Linamar fined $200k after employee injured in furnace incident
Guelph, Ontario — Linmar, prominent car-parts maker based in Guelph, Ont., has been fined $200,000 after a worker was hit by a furnace fireball. The incident at Linamar Corporation occurred in October 2018; Ontario’s Labour Ministry says the worker was opening the furnace door to remove a part. “Upon opening the door, a fireball erupted […]
A Linamar facility in Guelph, Ontario. The auto parts manufacturer has made a play to acquire Montupet, a major producer of aluminum.
Licence and Registration, Please: SGI Nov. suspended drivers report
Regina, Saskatchewan — In November, Saskatchewan police caught 341 people driving while suspended and issues 558 tickets for an unregistered vehicle or trailer.  Police also issued tickets for the following offenses; 221 drivers driving without valid offenses; 102 learner drivers driving without a supervising driver; 37 drivers who weren’t complying with a license endorsement or […]
sgi
Aurora Opening: Introducing CARSTAR Aurora
Aurora, Ontario — CARSTAR announced last Thursday the opening of CARSTAR Aurora.  The location of the new facility is located at 226 Edward St. Unit 2A, Aurora Ontario L4G 3S8.  The owner of CRASTAR Aurora, Amir Seif, has 20+ years of experience in the automotive industry. Growing up with a passion for cars, Seif understands the […]
carstar aurora
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