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Business: Page 56
Collision Repair
New Digs: Toyota invests US$922 million to create ‘advanced paint facility’ at Kentucky, U.S. plant
Kentucky, United States — Toyota has announced a significant investment of $922 million to establish a new “advanced paint facility” at its existing plant in Georgetown, Kentucky. This investment is intended to enhance the quality of Toyota’s vehicle finishes.
Business
BUSINESS NEWS
HERE’S TO 100 Simplicity Car Care has announced the upcoming grand opening of its 100th shop in Canada in the form of a new Toronto South location. The new location will handle everything from routine maintenance to complex repairs. A press release further noted that the team has decades of experience in the industry and […]
Training
TRAINING
AN ELECTRIC INVESTMENT On October 15, Vance Badawey, Member of Parliament, Niagara Centre and Parliamentary Secretary to the Minister of Transport, announced a $365,854 investment from the federal government into Niagara College’s Motive Power program. This funding will be matched by the college through the 2023 Canadian Apprenticeship Strategy ‘Investments in Training Equipment’ program stream. […]
Collision Repair
Tuesday Ticker: What’s in store for Stellantis post-Tavares era; Tesla sees shares rise 54 percent year-to-date
Toronto, Ontario — In this weekly Tuesday Ticker, Stellantis CEO Carlos Tavares departs his position, while Tesla continues on a rising trend after experiencing a 13 percent increase in its stock price last week. Ta-ta, Tavares After four years as the CEO of Stellantis, Carlos Tavares has parted ways with the automaker amid its struggling […]
Industry Conferences
Critical Considerations: China announces ban on export of critical minerals to the United States
Beijing, China — On Tuesday, China announced that it is banning the export of critical minerals to the United States. Notably, the country aims to ban gallium, germanium and antimony from entering the U.S. These minerals have both widespread automotive, military and manufacturing applications. Furthermore, when looking at the automotive sector specifically, the order, which […]
Network
Safety Success: Thorold Automotive Solutions hosts two-day EV safety training event for staff
Thorold Automotive Solutions
Thorold, Ontario — Frank Serravalle, owner of Thorold Automotive Solutions in Thorold, Ontario, recently arranged an electric vehicle (EV) safety training event for his staff. The training event was specifically delivered by Greg Aguilera, International Automotive Consulting (IAC) president and a specialist in EV training and management consulting. The event took place over the course […]
Marketplace Transformation: Car-Part.com’s Jeff Schroder and Dave Picking of Eladene explain the use of data, AI in parts searching
Toronto, Ontario — This past Tuesday, the International Roundtable on Auto Recycling (IRT) hosted its webinar, “How Data and Designation Are Transforming Auto Recycling,” featuring industry leaders Jeff Schroder from Car-Part.com and Dave Picking from Eladene Systems. The session focused on the pivotal role of data integration and artificial intelligence in reshaping the auto recycling […]
Tuesday Ticker: AutoForecast Solutions synopsis
Toronto, Ontario — For this edition of Tuesday Ticker, we’re bringing you a synopsis from AutoForecast Solutions (AFS). With the U.S. election in the rearview mirror, the automotive industry can shift its focus to the road ahead. According to AFS’s latest report, political clarity often paves the way for renewed investments, allowing companies to recalibrate […]
New Era: Boyd Group Services announces CEO Succession Plan
Winnipeg, Manitoba — The Boyd Group announced today that, effective May 14, 2025, Chief Executive Officer Timothy O’Day will step down from his current role, to be succeeded by Brian Kaner, current President and Chief Operating Officer of Boyd. These changes are planned to be effective as of the date of the Annual General Meeting […]
Powered Problems: Nearly 46,000 Kia, Hyundai and Genesis electric vehicles recalled in Canada for power loss risk
Toronto, Ontario — According to Transport Canada, nearly 46,000 electric vehicles from Kia, Hyundai and Genesis are being recalled across the country over a potential power loss issue. The recalls specifically affect certain 2022 to 2025 models, with a total of 45,974 vehicles impacted in Canada. As noted by Transport Canada, the integrated charging control […]
Tuesday Ticker: IAA launches market alliance with North America Trading L.L.C; while Northvolt announces Quebec battery plant will proceed despite bankruptcy filing
Toronto, Ontario — In this weekly Tuesday Ticker, IAA has announced that it has launched a new market alliance with North America Trading L.L.C. in the country of Oman; while Northvolt says that its Quebec battery plant will proceed despite Chapter 11 bankruptcy filing in the United States. A Middle Eastern merging Last Thursday, RB […]
Recycler Relations: OARA announces vendor space for upcoming CCIF meeting in Toronto, 2025
Toronto, Ontario — The Ontario Automotive Recyclers Association (OARA) has announced that it has now booked vendor space at the upcoming Canadian Collision Industry Forum (CCIF) meeting in Toronto in March, 2025. Co-executive Director Steve Fletcher commented that “the CCIF is one of the marque events bringing the entire collision repair ecosystem together, and we […]
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