Grand Finale: Fix Network concludes Canadian regional conference tour
Halifax, Nova Scotia — The Fix Network team wrapped up its regional conference meeting series last week with a grand event for its maritime partners in Halifax, N.S. Atlantic franchisees gathered at Alexander Keith’s brewery last Wednesday evening for a Mix ‘n’ Mingle networking event, followed by speaker presentations and breakout sessions on Thursday. “Mark […]
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, […]
Tuesday Ticker: Canada inks EV material deals with two OEMs; Honda reassesses global supply chain
Toronto, Ontario — In this weekly Tuesday Ticker, two German OEMs sign deals to access Canadian metals, while Honda reportedly considers the viability of its Chinese supply chain. Double deals for Canada Both Mercedes-Benz and Volkswagen Group signed deals with the Canadian government last week. The newly-inked agreements will see the automakers secure access to […]
Pay to Play: BMW locks certain digital functions behind paywall
Seoul, South Korea — Taking a cue from the airline industry and mobile gaming, BMW is pushing paid subscriptions as the only way customers access certain services. According to BMW South Korea’s website, several functions on consumer BMWs have been rebranded as the “connected booster package,” locking off certain digital functions behind a subscription-based paywall. […]
Making Moves: Nissan Canada announces changes to senior management team
Mississauga, Ontario — Nissan Canada has announced changes to its management team, all of which will take effect July 1, 2021. Ken Hearn, current director of Dealer Network Development and Customer Quality, will be appointed as Director of Marketing, succeeding Adam Paterson who will assume a new important challenge outside of Nissan Canada. Paterson’s new […]
‘Unlimited Possibilities Ahead’: OpenRoad Auto Group wins Canada’s Best Managed Companies award for the ninth year in a row
Richmond, British Columbia — OpenRoad Auto Group was listed among Canada’s Best Managed Companies in 2021 for the ninth year in a row and earned a top spot within the Platinum Club designation. The 2021 Best Managed program award winners are amongst the best-in-class of Canadian-owned and managed companies with revenues over $25 million demonstrating […]
Driven to the Market: Driven Brands sets potential stock price
Charlotte, North Carolina — Driven Brands, the owners of Carstar, Maaco, Meineke, Fix Auto USA and several other auto service companies, is looking to raise up to $760 million through an initial public offering (IPO)—which would value the company at about $3.4 billion (all figures in USD). Driven Brands plans to sell 38 million shares […]
