Almost a Teenager: Average age of U.S. vehicles hits 12.5 years, new record
Washington D.C. — A new study from the S&P Global Mobility Group has revealed the average age of personal vehicles in the United States is up three months from this time last year, with the average vehicle clocking in at 12.5 years. This marks the sixth consecutive year the average age of vehicles on American […]
Industry Insider: The Ontario Automotive Recyclers Association and the importance of collision industry collaboration
Industry Insider · Industry Insider: OARA and the Importance of Coming Together | Steve Fletcher, OARA Toronto, Ontario — Collision repair, get to know a related industry—auto recycling. In this episode, we talk with Steve Fletcher the Executive Director of the Ontario Automotive Recyclers Association (OARA) about who they are, why you should know them, […]
Tuesday Ticker: PPG says first-quarter EPS will be higher than previous guidance; Rivian maintains annual production expectations
Toronto, Ontario — PPG raises its guidance for Q1 2023 earnings thanks to stronger automotive OEM coatings sales performances, while Rivian reassures investors and analysts in this weekly Tuesday Ticker. PPG pumps it up PPG upped its guidance for first-quarter adjusted profit to between US$1.52 per share and US$1.58 per share, thanks to “stronger sales […]
Can You Believe This?! Reupholstered bodies, foolproof anti-theft blockers and much more
Toronto, Ontario — Friday means Collision Repair is bringing you another Can You Believe This?! clip. This week, we’ve got coupes that’ll remind you of grandma’s basement couch; anti-theft devices inspired by thick skulls; a brand-new type of go-kart, and much, much more.
Tuesday Ticker: November 2, 2021
Toronto, Ontario — This week, Uber outperforms lift in the immediate aftermath of pandemic lockdowns; automakers announce Q3 losses across the board and Tesla CEO Elon Musk looks to solve world hunger with the UN’s assistance. Do you even Lyft? Market analysts say that Uber is outperforming Lyft as ridesharing ramps up from pandemic lows. […]
Like Looking in a Mirror: American auto repair businesses echo Canadians in parts and materials shortages
Washington, District of Columbia, United States — IMR Automotive Market Research interviewed 500 independent auto repair shops in the United States and found that it’s taking considerably longer to repair customer vehicles in the wake of consumer shortages. Much like Canadian businesses under the whim of parts and materials deliveries, 85 percent of American auto […]
The Donaldson Deal: CSN Collision Centres appoints new Senior Vice President
Toronto, Ontario — CSN Collision Centres announced Friday the appointment of former Enterprise Holdings Assistant Vice President/Sales, Sean Donaldson as CSN’s new senior vice president, effective Monday, August 16. Following a 25-year career at Enterprise, Donaldson enters the collision repair industry with a wealth of experience. In a press released issued Friday, CSN Collision Centres […]
A Steal for Steele: Steele Auto Group furthers EV expansion with the acquisition of All EV Canada
Burnside, Nova Scotia — Steele Auto Group has purchased All EV Canada, a used-vehicle dealership that specializes in electric vehicles, the company announced Tuesday. By joining the Steele Auto Group family, All EV Canada will be positioned to play a greater role in driving EV adoption and providing access to a large variety of electric […]