Tuesday Ticker: AutoCanada marks ‘record-setting’ quarter; Toyota teases new Prius, despite low model sales
Toronto, Ontario — In this weekly Tuesday Ticker, AutoCanada reports its Q3 financial results, adding more than $45 million in acquisitions to its portfolio. Meanwhile, Toyota teases the fifth-generation Prius amid decreasing global sales numbers, and Volkswagen crosses a finish line far earlier than planned. ‘Another record-setting quarter’ AutoCanada reported financial results last Wednesday, marking […]
Can You Believe This?! featuring grocery cart wheel accessories, duct tape car finishes and more
Toronto, Ontario — Another Friday, another Collision Repair Can You Believe This?! This week, see what happens when you let your kids go crazy on your car finish; witness duct-tape DIY paint jobs; see the grocery delivery guy’s new whip and much, much more!
Scale Models: MPI directed to adopt primary driver rate adjustment model following court appeal
Winnipeg, Manitoba — Good drivers will no longer subsidize bad drivers, according to a Manitoba lawyer following the recent court decision to adjust MPI insurance rates based on a primary driver model, rather than a registered owner model. “It will never account for the people who are actually driving the vehicle, and the people who […]
Still Growing: AutoCanada acquires two luxury collision centres in the Greater Toronto Area
Scarborough, Ontario — AutoCanada has acquired Excellence Auto Collision Silver Star and Excellence Auto Collision Midwest, two luxury collision centres east of the Greater Toronto Area. Excellence Auto has provided collision repair services to Scarborough and the Greater Toronto Area for more than 30 years, maintaining certifications with Tesla, Mercedes-Benz, Porsche, Audi, BMW, Mini, Lucid, […]
Can You Believe This?! November 4, 2022
Toronto, Ontario — Wake up, grab a cup o’ joe and indulge in this weekly Can You Believe This?! clip from Collision Repair mag. Featuring barely-there tire tread, super lit gas stations, double-decker catastrophes and much, much more!
In the Spirit of Spooky: DIY car mods for Halloween
Toronto, Ontario — It’s officially spooky season—and some drivers are especially keen to celebrate. It’s a common trend to see drivers install Halloween-themed decor to celebrate the fear of the season. Think bloody handprint stickers, red splatter paint jobs done haphazardly in backyards, open trunks or boots with plastic body parts hanging out—you know, things […]
Repairers Give the Grades: Contribute to Collision Repair mag’s 2022 Insurer Report card
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Welcomes of the Week: CSN Midtown in Windsor, Ont.
Markham, Ontario — CSN Midtown located in Windsor, Ontario is the latest repairer to join the CSN network, the company announced last week. CSN Midtown is owned and operated by one of CSN’s long-standing MSOs, Joe Di Carlo and Vince Paesano, who also own CSN JJ Dominion and CSN Riverside in Windsor. Formerly known to […]
Third Quarter Gains: Driven Brands reports Q3 earnings, revenues up 39 percent YOY
Toronto, Ontario — Driven Brands reported its third-quarter earnings for 2022 yesterday, where the company reported a 39 percent increase in its revenue (year over year) to US$516.6 million. The paint, collision and glass segment accounted for approximately 22 percent of company revenue of $113.3 million. Driven Brands reported a net income of US$38.4 million, […]
Damage Report: Hurricane Fiona insurance claims tally at $660 million
The remains of the Glace Bay Car Wash in Cape Breton, N.S. – one of the many small businesses destroyed by Hurricane Fiona. (Pavel Gaborik/Youtube) Halifax, Nova Scotia — Initial estimates by the Insurance Bureau of Canada (IBC) indicate that Hurricane Fiona has caused at least $660 million in insured damage, according to the Catastrophe […]
