Business: Page 58

Business
CrashBay Collaboration: Turo and Crashbay form partnership
Toronto, Ontario – Turo and CrashBay, the premier digital marketplace revolutionizing collision and car repair solutions for fleets and carriers, today announced their partnership aimed at streamlining the auto claims repair process for Turo hosts across the United States and Canada. This collaboration highlights both companies’ shared goal to simplify vehicle ownership and enhance the […]
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Collision Repair
Tuesday Ticker: EV demand influencing Volkswagen sales; Rivian misses Q3 delivery expectations, cuts production guidance
Toronto, Ontario — In this weekly Tuesday Ticker, Volkswagen mulls reasons for its decreased passenger car sales, while Rivian seeks loans and reduces its full-year production forecasts. Volkswagen on a tightrope Volkswagen’s passenger car sales are down more than one full percentage point, and EVs could have something to do with it.  In early September, […]
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Business
BUSINESS NEWS
GROWTH ‘N’ GAINS When considering size in terms of dollars, the overall Canadian light vehicle aftermarket grew significantly between 2021 and 2023, according to a new report from Desrosiers Automotive Consultants. From 2021 to 2023, DAC says the overall light vehicle aftermarket expanded from $22.5 billion in 2021 to $24.1 billion in 2023. Retail aftermarket […]
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Business
Throwback Thursday, Circa 2010: Assured Automotive delivers Habitat for Humanity home to deserving family
Toronto, Ontario — It’s time for another heartwarming Throwback Thursday segment! Collision Repair magazine has been bringing you industry-leading news for more than 20 years, and we have a photo archive with more than 40,000 images to showcase our time spent serving the industry. In this Throwback Thursday segment, we toss it back to 2010, […]
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Products
Lost at Sea: United States dockworkers strike expected to impact auto industry shipments
Washington D.C., United States — A strike at ports on the United States East and Gulf coasts could result in auto care industry losses of up to US$340 million per day. The strike involves 45,000 dockworkers across 36 American ports. The U.S.-based Auto Care Association is advising that the strike will make it difficult for […]
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Business
Regional Round-up: Fix Network hosts Ontario franchisees for regional meeting
Toronto, Ontario — Following successful regional meeting stops in Alberta and Quebec, Fix Network enjoyed two days with its Ontario franchise partners last week for its regional meeting in the province. The event kicked off Thursday, Sept. 26 at the Hilton Toronto Hotel, where guests indulged in a fantastic dinner and participated in an impactful […]
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Tuesday Ticker: AutoCanada restructures RightRide division; Stellantis cuts profit outlook
Toronto, Ontario — In this weekly Tuesday Ticker, we look into AutoCanada’s decision to shutter more than half of its RightRide used vehicle sales and service locations. At the same time, Stellantis issues an altered profit guidance amid industry oversupply.  Restructuring RightRide AutoCanada is restructuring its RightRide division, closing seven locations—more than half of the […]
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Achievements at ARPAC: 2024 ARPAC conference raises over $55,000 for families in need
Saint-Georges, Quebec — Auto recyclers from all levels of the industry gathered on September 13 and 14, 2024 at the Le Georgesville hotel in St-Georgesde-Beauce in Quebec for L’Association Des Recycleurs De Pieces D’Autos et de Camions’ (ARPAC) annual conference. Offering attendees a variety of activities, the conference invited guests to discuss emerging trends within […]
Global Industry Innovations: IRT to hold webinar on October 8 on automotive recycling innovations in Australia, Japan
Toronto, Ontario — On October 8, 2024, the International Roundtable on Automotive Recyclers (IRT) will be hosting a free webinar on “Driving the Future: Automotive Recycling and Innovation in Australia, Japan and Asia.” The event, which will begin at 1:00 p.m. GMT, will specifically delve into the current state of automotive recycling in Australia and […]
Aubry and Arnott Advance: CCS announces leadership transition for Charles Aubry, Jason Arnott
Toronto, Ontario — Consolidated Collision Services (CCS), a division of Consolidated Dealers Co-Operative Inc. has announced that, going forward, Charles Aubry will assume the role of General Manager for the company, with Jason Arnott further assuming the role of Business and Operations Director for the West. “We are beyond excited to be able to promote […]
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Tuesday Ticker: Volkswagen experiences capacity cuts; while Hyundai doubles down on hybrids
Toronto, Ontario — This weekly Tuesday Ticker sees both company expansions and cuts as Volkswagen may reportedly book up to four billion euros in provisions for planned capacity cuts; while Hyundai announces plans to greatly expand its electric vehicle lineup. Historic cuts Volkswagen may reportedly book up to four billion euros in provisions for planned […]
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Economic Influences: Average dealership visit costs $465, compared to independent shop visit at $262, says J.D. Power report
Toronto, Ontario — The average cost of a visit to the repair shop has increased over 2023, regardless of whether a customer visits a dealership or independent facility, according to J.D. Power’s 2024 Canada Customer Service Index—Long Term Study. According to the study, the average cost of a visit to the dealership is $465 in […]
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