Business: Page 90

ADAS
Boost It: Uniban hosts annual convention in Mont-Tremblant, Que.
Mont-Tremblant, Quebec —Uniban Canada held its annual Boost Convention last weekend, hosting its franchise partners and attendees in Mont-Tremblant, Quebec. By the time this year’s Uniban Canada Boost Convention closed on Saturday night, the company’s said its franchise partners were ready to take the theme to heart, return to their glass centres and apply their […]
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EV
Toyota Undead: OEM partners with Redwood Materials to recycle EV batteries
Nevada, United States — The 25-year-old initial release of the Toyota Prius gains a new lease on life–at least somewhat–through a partnership between former Tesla CTO JB Straubel’s company Redwood Materials and car manufacturer Toyota. This partnership aims to help supply and recycle original Prius and EV batteries, through the acquisition, salvaging and refurbishment of […]
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Business
Tuesday Ticker: June 21, 2022
Toronto, Ontario ⁠— In this weekly stock update, Uber loses a North American exec and Tesla CEO Elon Musk makes some curiously timed layoffs. Do the Uber shuffle Dennis Cinelli, the head of Uber’s ride operations in the United States and Canada, is stepping down, according to reports from undisclosed sources. Cinelli is reported leaving […]
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Business
A Price on Perfection: Driven Brands acquires Indiana-based Perfection Auto Glass
Indianapolis, Indiana — Driven Brands is continuing its conquest of the U.S. glass repair market as the automotive aftermarket giant announced the acquisition of Indiana-based Perfection Auto Glass on Thursday. This deal marks Driven’s fourth auto glass repair acquisition in the U.S., following the company’s purchase of All-Star Glass and its 30 locations in late […]
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Financial
Tuesday Ticker: June 14, 2022
Toronto, Ontario ⁠— It’s all-electric in this weekly Tuesday Ticker as Tesla proposes a stock split; Rivian updates investors in its first annual shareholders’ meeting and two battery players join forces with B.C.-based Nano One Materials.  3-for-1, but not like the sales Tesla has filed its proxy statement for the upcoming annual meeting of stockholders, […]
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Recycling
Icy Energy: Cold-resistant batteries could extend EV range, says research report
Beijing, China – Riemannian surface on carbon anodes enable lithium-Ion storage at -35c–or, in more plain English, researchers led by Xi Wang of Beijing Jiaotong University may have discovered modifications allowing EV batteries to better survive harsh winter climates. According to research from ACS Central Science, the smoothness of graphite in lithium-ion batteries is enough […]
Industry Insider: All about IAA’s rebrand, with managing director Blair Earle
Toronto, Ontario — Today on Collision Repair‘s Industry Insider podcast, we sit down with Blair Earle, managing director of IAA, formerly known as Impact Auto Auctions. That’s exactly what we’re here to talk about today—the company’s recent rebrand to IAA. All the same offerings, services and global support the company has always offered, just under […]
BUSINESS NEWS
DRIVEN BY GLASS Driven Brands announced the acquisition of the U.S.-based auto glass repair chain All Star Glass in early May. The chain was founded 40 years ago by Sam Scharaga, and it would go on to become the largest family-owned auto glass company in the United States, a fact that Driven Brands attributes to […]
BUSINESS NIBS
Tuesday Ticker: June 7, 2022
Toronto, Ontario —  Listen up for this weekly stock report! This week, a Quebec-based convenience giant teases plans to grow bigger, while a new rideshare service tests the waters in smaller B.C. cities. Charge with Couche-Tard Alimentation Couche-Tard said it has deployed “hundreds” of electric vehicle chargers available at 200+ North American locations over the […]
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McQuillan’s Move: Tony McQuillan named National Director of Strategic Accounts and OEM Programs for TED Group
Winnipeg, Manitoba — Tony McQuillan has been named the national director of strategic accounts and OEM programs for the TED Group, the company announced last week. McQuillan will oversee national strategic account development, as well as support new programs and initiatives for all TED Group brands while ensuring alignment with OEM programs. McQuillan has worked […]
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Tuesday Ticker: May 31, 2022
Toronto, Ontario ⁠⁠— In this weekly Tuesday Ticker, Rivian sees some executive shake-ups amid an already tumultuous year, while another battery tech player sets its sights on Quebec’s cathode active materials (CAM). Do the Rivian shuffle Rivian is reorganizing its executive ranks as one of its top manufacturing officers parts ways with the EV automaker. […]
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Orange Wave: Simplicity Car Care releases 2021 annual report
Toronto, Ontario — Simplicity Car Care released its 2021 Annual Report for stakeholders on Monday, pulling back the curtain on a year of impressive growth and bold goals for the collision repair banner’s legacy. This year’s annual report comes with the theme of “rebuilding to what life was pre-pandemic,” according to Simplicity CEO Paul Prochilo. […]
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