Business: Page 145

Up Another Month: Statistics Canada reports manufacturing sales up seven percent in July

Ottawa, Ontario — Canadian manufacturing sales climbed for a third consecutive month in July, but still remained short of pre-pandemic levels of February, Statistics Canada said Tuesday. The agency said manufacturing sales rose seven percent to $53.1 billion in July, helped by gains in the motor vehicle and parts sector, however they still remained 5.4 […]

Talking Telematics: How the process could alter first notice of loss

Toronto, Ontario — Telematics based FNOL (first notice of loss) will change the way the automotive industry is done. On Sept. 17, Collision Industry Electronic Commerce Association (CIECA) produced a webinar discussing collision industry disruptions, what they are and how they will disrupt the industry. The speakers for the webinar were Frank Terlep and Jake […]

Aftermarket Apprehension: Survey shows strong July, plateau in August for aftermarket sales

Toronto, Ontario – In general, things are looking up for the Canadian automotive industry with many shops bouncing back quite well following a series of lockdowns and restrictions, however, a recent report from Desrosiers Automotive Consultants (DAC) shows that some signs of uncertainty are starting to show themselves to Canadian aftermarket industry workers. DAC partnered […]

Proactive amid Pandemic: CSN Lou’s participates in bi-weekly staff COVID testing

Calgary, Alberta ⁠— Collision repairers have been largely affected due to the lack of vehicle traffic on the roads; and with schools starting up and many parents heading back to work, staff at CSN Lou’s and Steven Dupont, Owner of CSN Lou’s, have decided to participate in bi-weekly COVID testing. “The idea of doing testing […]

ProColor Crosses the Border: ProColor Collision to enter U.S. market

Toronto, Ontario – Mondofix (Fix Network World) has announced plans to launch the ProColor Collision brand in the United States. “There is tremendous potential for the continued growth of the automotive aftermarket space in the United States, in particular the collision business,” said Steve Leal, President and CEO of Fix Network World. “We look forward […]

Tuesday Ticker: September 15, 2020

Toronto, Ontario ⁠— In this week’s Tuesday Ticker, Boyd gets back to mergers and acquisitions, reports suggest Tesla is working with a Canadian mining company and AkzoNobel prepares its third-quarter financial results. Boyd’s back to buying Last month, Boyd Group Services told investors it had re-entered the mergers and acquisitions game and had resumed spending […]

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Mounting Pressure: Union sets deadline for Ford negotiations

Toronto, Ontario – A timeline has been officially set for when Ford of Canada and Unifor must reach a deal on renegotiating wages for their more than 6,300 Canadian employees. Ford, the first of the Detroit Three automakers to be targeted by the union, has until Sept. 22 to reach a deal with Unifor, or […]

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Uber Edging Toward Electric: GM to give Uber special EV pricing for drivers

Toronto, Ontario–Uber has struck a deal with General Motors that will see their drivers receive special pricing on the purchase of electric vehicles in the continued effort to push the rideshare industry into more environmentally sustainable territory. Uber drivers in Canada and the U.S. are now eligible to receive employee pricing on the purchase of […]

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Spring Peak: DesRosiers reports pandemic job losses

Toronto, Ontario ⁠— The pandemic has spurred Canadian unemployment and, according to a report from DesRosiers Automotive Consultants, new car dealerships were among the hardest hit in Canada’s automotive sector, with employment down by 38 percent from 2019. Vehicle manufacturing employment also fell an average of 20.5 percent in the first half of 2020, and […]

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CARSTAR Comes to Carleton: CARSTAR location opens in Carleton Place

Toronto, Ontario–CARSTAR announced the opening of a brand new location in Carleton Place on Thursday. This new location at 10511 Highway 7 Unit 3 in Carleton Place, Ont. marks the second location jointly owned by Ottawa-area partners Guy Parker and Ted Mills in addition to CARSTAR Kanata. Parker himself also operates CARSTAR Manotick as well […]

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New Executive VP: Fix Network appoints Sylvain Séguin to executive vice president

Toronto, Ontario–Sylvain Séguin has been appointed as the new executive vice president for Fix Network, the company announced Thursday. Séguin has been with Fix since 2018 where he oversaw operations for all brands within Canada, including Fix Auto, ProColor Collision, NOVUS Glass and Speedy Auto Service. “Sylvain has been a vital member of my leadership […]

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Fantastic Fleets: Toyota Canada wins four Vincentric Best Fleet Value in Canada awards

Toronto, Ontario — Toyota Canada continues to be recognized as a brand trusted by Canadian fleet operators, as the automaker recently picked up four 2020 Vincentric Best Fleet Value in Canada Awards. Winners were identified by determining the vehicles in each segment that had the lowest fleet lifecycle cost. “Quality, reliability and durability continue to […]

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