Business: Page 160

Business
Tuesday Ticker: June 16, 2020
AutoCanada’s ups and downs AutoCanada has reported its first-quarter earnings for 2020, citing “traction and momentum” through February followed by pandemic-impacted results for the last half of March. Consolidated revenues of $708.8 million in the first quarter reflected a reduction of 4.1 percent over the prior year, while same-store new retail unit sales decreased by […]
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Business
Leading Lights: IBIS launches webcast series
Toronto, Ontario ⁠— Last week, the International Bodyshop Industry Symposium (IBIS) unveiled a new series of leadership-based webcasts to be shared for free online. The series, entitled Leading Lights, will focus on the many different coping strategies for business leaders being proposed amid the pandemic. Each episode will feature a speaker tackling the issues, present […]
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Business
Deadline Extended: AIA and the University of the Aftermarket Foundation extends scholarship deadline
Toronto, Ontario ⁠— The application deadline for the University of the Aftermarket Scholarship has been extended to June 22, 2020.  The deadline was originally set for June 15, 2020, however, this extension will give more students pursuing a career in the automotive aftermarket a chance to apply for the $1,000 scholarship program.  The requirements for the […]
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Business
Not Enough PPE: Survey finds 50 percent of automotive shops are experiencing PPE shortages
Toronto, Ontario ⁠— Since the onset of the pandemic healthcare workers have struggled with shortages of personal protective equipment, and now the automotive industry has run into the same problem.  According to a survey conducted by Collision Repair Magazine, 50 percent of shops said they were struggling due to a lack of PPE resulting in minor […]
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EV
EV/AV Report: June 15, 2020
MEVS Postponed  The Montreal Electric Vehicle Show (MEVS), the largest gathering of electric mobility industry professionals in Canada was postponed for the second time—it is now scheduled to take place on April 23 to 25, 2021 at the Olympic Stadium, located in Montreal. The event that was originally scheduled to take place on April 24-26, […]
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Business
Ensuring Online Authenticity: Guild 21 talks counterfeit parts
Toronto, Ontario ⁠— Most counterfeit parts sales occur online, says Teena Bohi, senior brand protection analyst at Toyota North America. On June 11, Guild 21 hosted a webinar featuring Bohi, Abe Jardines, special agent and national program manager for the U.S. Homeland Security; William “Andy” Forsythe, brand protection and dealer parts loyalty manager for Nissan […]
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Faulty Fuel Pump: Honda recalls nearly 10,500 newer vehicles
Toronto, Ontario ⁠— Honda has issued a recall for roughly 10,500 vehicles in Canada due to a problem with the fuel pump that could cause the engine to shut off in traffic.  Models affected include: 2018 and 2019 model year Honda Accord, Civic and HR-V; and Acura NSX, as well as 2019 model year Honda […]
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Awarding Innovation: PPG receives two awards from IDG’s CIO magazine
Toronto, Ontario ⁠— On June 11, PPG, a global paint manufacturer received the FutureEdge 50 award and the CIO 100 award from IDG’s CIO magazine.  PPG was awarded the FutureEdge 50 for their asset integrity management system which was introduced in Canada and the U.S. just last year. The software uses PPG-developed proprietary algorithms to […]
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Pandemic Preference: Mitchell International finds customers prefer virtual estimating
Toronto, Ontario — Virtual estimating creates a win-win outcome for all parties involved and is quickly becoming the new preferred method of inspection, says Mitchell International’s most recent Industry Trends Report. Using data gathered by ZenDesk, Mitchell says more than two-thirds of customer respondents prefer self-service over speaking with a company representative.  Further, customers are […]
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Environmental Issue: ARA displeased with Ford for ending bumper and lighting recovery program
Toronto, Ontario ⁠— The Automotive Recyclers Association (ARA) says Ford’s decision to end its lighting and bumper fascia core recovery program on June 1 could have a negative environmental impact. ARA Executive Director Sandy Blalock said the organization is concerned about the environmental impact, but it is “confident the replacement parts market will find a […]
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Environmental Issue: ARA displeased with Ford for ending bumper and lighting recovery program
Toronto, Ontario ⁠— The Automotive Recyclers Association (ARA) says Ford’s decision to end its lighting and bumper fascia core recovery program on June 1 could have a negative environmental impact. ARA Executive Director Sandy Blalock said the organization is concerned about the environmental impact, but it is “confident the replacement parts market will find a […]
Elie Hoyeck charged $27,250 after pleading guilty to safety charges
Halifax, Nova Scotia ⁠— Former auto repair shop owner Elie Hoyeck has been fined $27,250 by Nova Scotia’s provincial court. Hoyeck, owner of the now-shuttered Your Mechanic Auto Centre was investigated following the death of a mechanic nearly seven years ago. The Crown had proposed a $70,000 fine in February, while the defence recommended $6,000. […]
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