Business: Page 79

Training
Balancing the Scales: Canada leads G7 in share of degree-holders as trades workforce dips further, StatsCan says
Toronto, Ontario — A report published by StatsCan on Wednesday showed that Canada boasts the largest share of college and university graduates among G7 nations, but is still leaving a lot of talent on the table when it comes to skilled trades. The study, which addressed education levels of working-age people (25 to 64) in […]
G7
Auto Insurance
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Collision Repair
Can You Believe This?! Chandelier headlights, leaps of faith and much, much more
Toronto, Ontario — Happy Friday! Treat yourself to a cup of morning chuckles with Collision Repair’s weekly Can You Believe This?!, featuring WTF welding jobs, snowfall fiascos in B.C., the first-ever car-vault gymnastics and much, much more!
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Business
Steady Markets: AutoTrader predicts stable vehicle purchases despite changing economic outlooks for Q3, 2022
Toronto, Ontario — AutoTrader has released its latest “vehicle purchase intentions” study with one particularly surprising result—24 percent of Canadians polled expect to buy a vehicle in the third quarter of 2022, 6 percent higher than the 18 percent who expected to buy a vehicle in the third quarter of 2021. According to the study, […]
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Collision Repair
Tuesday Ticker: Software setbacks for Tesla and promising prospects for GM
Toronto, Ontario — In this week’s auto industry roundup, software troubles with nearly 80,000 models in China are causing Tesla prices to dip further, while General Motors appears to be on the upswing with several new model launches on the way. One Step Forward, One Step Back Tesla’s stock price was dealt yet another blow […]
Ticker
Collision Repair
Balancing the Books: Used vehicle values slowly, steadily returning to normal, Canadian Black Book says
Toronto, Ontario — Canadian Black Book recently released its used vehicle valuations for October, which marked a 1.1 percent drop in the industry’s Used Vehicle Retention Index, down from 160.3 to 158.5 points. Used vehicle valuations in Canada currently sit in line with numbers recorded in December of 2021. The report did show that year-over-year […]
Cash
TRAINING
LEADING EDGE LEARNING The CWB Group has announced an exciting new collaboration alongside Volkswagen Group Canada–a dedicated OEM collision repair training centre to serve Audi and Volkswagen brands. The first-of-its-kind facility will be located at the CWB Group facility in Milton, Ontario. It will showcase an OEM training environment utilizing the latest equipment and developing […]
TRAININGNIBS
TECH TRENDS
RIVIAN IS READY As of late September, Transport Canada has authorized Rivian to sell vehicles in Canada. The news came days after Drive Tesla Canada reported that Rivian in fact, did not receive certification, following its application to Transport Canada earlier this month. The electric automaker reached out to the site a day later to […]
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Enough Fluff: Standard Auto Wreckers owner calls for better plastic recycling procedure from OEMs
Scarborough, Ontario — A Toronto-area auto recycler has received some mainstream attention for his calls to automakers to develop recycling procedures that properly account for non-metal waste, which often winds up in a landfill. In a story published to the Toronto Star last Friday, president of Scarborough’s Standard Auto Wreckers, and known quantity to Canadian […]
‘Till the Wheels Fall Off: 70 percent of B.C. drivers holding onto current cars ‘much longer,’ BCAA survey says
Burnaby, British Columbia — High costs of living are causing many British Columbia drivers to hold on to their aging vehicles just a little while longer, according to a recent survey conducted on behalf of the British Columbia Automobile Association (BCAA). The survey, carried out by Leger, found that 70 percent of B.C. drivers intend […]
Freshly Skilled: Tropicana celebrates 2020, 2021, 2022 collision repair pre-apprenticeship classes with lavish graduation
Toronto, Ontario — Tropicana Employment Services hosted its long-anticipated Collision Repair and Auto Body pre-apprenticeship graduation, where the not-for-profit honoured three classes of now-working apprentices. The celebration honoured three graduating classes—the classes of 2020 and 2021 had their originally scheduled ceremonies cancelled due to the pandemic—and was held at Centennial College’s event centre. The night […]
Tuesday Ticker: Tesla tops Toyota’s Q3 profits; Carvana e-commerce share price slashed
Toronto, Ontario ⁠— In this weekly financial-watch report, Tesla’s Q3 results are compared with Toyota’s and e-commerce platform Caravana sees its share price cut in half.  Tesla tops Toyota Tesla could have earned eight times as much per vehicle as Toyota in Q3, reports Asian newspaper Nikkei.  A report from Electrek claims Toyota delivered eight […]
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