Business: Page 63

ADAS
New Age: Boyd Group spent US$4.8 million on network technology upgrades in Q1 2024, increased scanning and calibration workforce by 60 percent
Winnipeg, Manitoba ⁠— Boyd Group Services released its Q1 2024 financial results on Wednesday, revealing the company spent US$4.8 million on network technology upgrades in the first three months of 2024. Company CEO Tim O’Day added that the company has increased the number of scanning and calibration services it can perform in-house by increasing its […]
theboydgroup
Business
Throwback Thursday: Tropicana students experience autobody
Toronto, Ontario — In honour of Tropicana Community Services’ Discovery Day at the AkzoNobel headquarters today, this Throwback Thursday features TWO exclusive albums from past Tropicana student events. Take a gander through our archived pictures from 2017 and 2023, respectively, and witness Tropicana’s dedicated pre-apprenticeship autobody students in their element! One of Tropicana’s offerings is […]
tropicana tbt
Network
Stepping-Up Shipping Standards: URG, ARA and Team PRP release Industry Standards for Part Preparation and Shipping guide
Toronto, Ontario — The United Recyclers Group (URG), Automotive Recyclers Association (ARA) and Team PRP have published a uniform set of standards for parts preparation and shipping for the professional automotive recycling industry. The guide is the result of a collaborative effort between the three organizations, and the three groups will now promote the standards […]
Business
Tuesday Ticker: AutoCanada reports Q1 results, citing ‘challenging operating dynamics’; Magna reveals Q1 numbers
Toronto, Ontario — In this weekly Tuesday Ticker, AutoCanada reports decreased Q1 2024 revenues, compared to Q1 2023, while Magna’s financial results touch on the company’s relationship with EV maker Fisker.  A ‘challenging’ quarter Edmonton, Alta.-based dealership group AutoCanada reported its Q1 2024 results last week, commenting that market conditions culminated in “challenging operating dynamics […]
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Business
Zenetec expands operations with strategic acquisition of GTA collision centre
Toronto, Ontario — In a significant expansion move, Zenetec Collision has announced the acquisition of CSN Bayview-Steeles, effective April 1, 2024. This addition marks Zenetec’s continued foray into the GTA market and underscores its strategic growth ambitions. Under William Monteith’s leadership, Zenetec has enhanced its portfolio to include five collision repair centres, two specialty glass […]
zenetec
Network
A Certification Collaboration: URG merges certification with ARA’s Gold Seal Program
Toronto, Ontario — The United Recyclers Group (URG) and the Automotive Recyclers Association (ARA) have announced the launch of the Gold Seal Quality Assurance Certification for professional automotive recyclers. This collaboration was recently announced at the United Recyclers Group Annual Conference hosted with Team PRP from April 4th to the 6th at the Hyatt Regency […]
Federal Favour: Federal government announced new Canada carbon rebates for small businesses
Toronto, Ontario — In case you missed it, the Federal government’s 2024 budget includes a new carbon rebate for small businesses to help reduce the impact of environmental costs. The 2024 Federal budget report, which was released on April 16th, specifically notes that “the government is delivering on its commitment to return proceeds from the […]
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Up and Up: AkzoNobel Q1 results beat analyst expectations; reports organic sales growth and improved operating income
Toronto, Ontario — AkzoNobel reported its Q1 2024 financial results yesterday, beating analyst Q1 expectations with a 19 percent increase in first-quarter core profits.  Adjusted EBITDA for Q1 2024 was €363 million, versus €305 million a year ago.  Revenue was €2,640 for Q1 2024, compared to €2,657 a year ago, reporting a two percent increase […]
akzoresults
BUSINESS NEWS
FIRST IN THE NATION Chapman Auto Body and its three locations are the first Canadian members of Certified Collision Group (CCG), Kelvin Campbell, owner of Chapman Auto Body, announced. Chapman Auto Body operates three stores in Dartmouth, Halifax and Bedford, Nova Scotia. CCG first announced its expansion to Canada in December 2023. “I’m looking forward […]
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Affiliations From Under the Arch : URG celebrates successful 2024 Annual Training Conference
St. Louis, Missouri — The United States Recyclers Group (URG) recently announced the success of its Annual Training Conference which took place from April 4th to the 6th. The event was held in St. Louis, Missouri at the Hyatt Regency at the Arch, and featured a variety of events such as a golf tournament at […]
Beyond Batteries: IRT to host free, international webinar on electric vehicle recycling
Toronto, Ontario — The International Roundtable on Automotive Recycling (IRT) is hosting a free international webinar discussing electric vehicle (EV) recycling. The event will take place on May 2nd at 12:00 p.m. GMT and will address topics such as the unique opportunities and challenges presented by EV recycling; the future of EV battery recycling and […]
TRAINING
PULLING NEW SKILLS CamAuto Pro recently hosted an open house at its Quebec training facility, where industry experts Gene Fetty and Charles Aoun conducted a comprehensive training session on paintless dent repair (PDR) and glue pull repair (GPR). The training session was divided into two parts, with Fetty leading the PDR portion and Aoun taking […]
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