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Business: Page 99
Business
First-Place Franchise: CARSTAR ranked no. 1 in collision repair franchises by Entrepreneur magazine Franchise 500
Charlotte, North Carolina – CARSTAR has been ranked number one in its category among top franchises in Entrepreneur magazine’s 2022 Franchise 500 list. “It’s an honour to again be recognized among the top franchise companies in the world,” said Dean Fisher, collision group president for Driven Brands. “Through 2021 we focused on supporting our franchise […]
Collision Repair
Supply Seer: Martinrea joins partnership to develop ‘supply chain resiliency platform’
Toronto, Ontario — In what looks kind of like “Minority Report” for the auto industry, Vaughan, Ont.-based auto parts manufacturer, Martinrea International has joined forces with Next Generation Manufacturing Canada (NGen) to develop a “supply chain resiliency platform” to predict and inform manufacturers, and in turn, the industry, of potential disruptions. This announcement comes alongside […]
Training
Sponsoring Success: AIA Canada announces Arthur Paulin Aftermarket Scholarship recipients
Toronto, Ontario — Looking toward the future for the Canadian auto industry, the AIA High Fives for Kids Foundation has announced the recipients of this year’s Arthur Paulin Aftermarket Scholarship Awards. The scholarship was introduced to provide monetary assistance of $700 to students looking to further their education in the automotive field. This year, the […]
Training
Skill Scrolling: Skills Ontario launches jobs, training app for skilled trades
Toronto, Ontario — Skills Ontario launched a new “career exploration” app for Android and Apple devices in December that aims to connect the province’s skilled tradespeople of all ages and skill levels with training and employment opportunities. The app puts new users through a quiz that matches them up with employment opportunities relevant to their […]
Collision Repair
Tuesday Ticker: January 18, 2022
Toronto, Ontario — This week’s Tuesday Ticker is all about automakers as rumours swirl around a potential Volkswagen battery division IPO; Ford crosses US$100 billion valuation for the first time ever and Toyota kicks General Motors out as 2021’s top-selling automaker in the United States. Volkswagen’s vibe Volkswagen could soon list its battery division in […]
Business
Rebound Traffic: Kilometres driven higher than pre-pandemic rates, AIA Canada report says
Toronto, Ontario — Canadians are travelling even more than before the COVID-19 pandemic started, with travel rates reaching a peak of 130 billion km travelled in the third quarter of 2021, according to a study by StreetLight Data and released by AIA Canada. The report showed the last peak of 126 billion kilometres driven was […]
Light at the End: SEMA trends report claims supply chain trouble to ease by 2023
Toronto, Ontario — A new future trends report from SEMA is predicting that supply chain constraints in the global automotive industry will finally start to ease by the end of this year. According to SEMA’s data, more than 80 percent of automotive companies reported moderate to severe impacts on their business through 2021, as a […]
Big Fish: Israeli scientist teach goldfish to drive
Beersheba, Israel — The old adage, “like a fish out of water,” could soon adopt a new meaning, thanks to Israeli scientists that claim they taught a goldfish to drive. Scientists from Israel’s Ben-Gurion University say they have successfully taught a goldfish to maneuver a robotic car on land via a top-down camera that monitors […]
Welcomes of the Week: ProColor Collision South Central Edmonton
Edmonton, Ontario — For more than 60 years, the Wheaton family has built a solid reputation as a trusted name in Alberta’s automotive business, with 17 dealerships and counting. Recently, the family consolidated its presence in the region’s aftermarket industry by opening its second ProColor Collision location in less than two months. The Wheaton Automotive […]
Life-Proof Paint: Queen’s University coatings research gets $24 million funding boost
Kingston, Ontario — A research project led by Queen’s University received an injection of $24 million to continue developing molecular coatings technology that aims to extend the lifespan of automotive paints. With this latest boost of funding provided by the New Frontiers in Research Funding program, the university believes that this research could put Canada […]
Oh Boy, NACTOY: Ford and Honda sweep top spots in vehicle of the year awards
Detroit, Michigan — The 2022 North American Car, Truck and Utility Vehicle of the Year (NACTOY) award winners have been announced, recognizing two old favourites and one new contender that is making its mark in the truck market. The winners of the 2022 NACTOY awards are the Honda Civic, the Ford Maverick and the Ford […]
Fortner’s Fortitude: LKQs Terry Fortner announces retirement, effective July
Toronto, Ontario — Terry Fortner, the long-time v-p of sales and marketing for LKQ has announced his retirement, effective at the end of July. Fortner, who gave 12 years of his career to LKQ, was initially brought on to develop relationships with the company’s corporate insurance partners and high-volume shops. President, Wholesale North America Operations […]
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