Economic Influences: Average dealership visit costs $465, compared to independent shop visit at $262, says J.D. Power report
Toronto, Ontario — The average cost of a visit to the repair shop has increased over 2023, regardless of whether a customer visits a dealership or independent facility, according to J.D. Power’s 2024 Canada Customer Service Index—Long Term Study. According to the study, the average cost of a visit to the dealership is $465 in […]
Hunger Pains: Intact says its ‘appetite’ in Alberta auto insurance market reducing
Edmonton, Alberta — Intact Financial Corp says its appetite for Alberta auto insurance business is “reducing” in light of the provincial auto insurance rate cap. During a Q2 2024 earnings call, Intact CEO and Director Charles Brindamour said Alberta’s “artificial cap that is below inflation” makes it “very hard for the industry.” “As a result, […]
Welcoming Wilson: Shawn Wilson named Chief Financial Officer, Simplicity Car Care
Toronto, Ontario — Simplicity Car Care is pleased to announce the appointment of Shawn Wilson as the company’s new Chief Financial Officer. With a distinguished career spanning more than two decades, Wilson brings a wealth of experience and expertise in financial strategy, corporate governance and performance optimization across diverse industries. Wilson is a results-driven CFO […]
Stand Up Speak Out: Event programming and valuable speakers
Toronto, Ontario — Event season has begun! We at Collision Repair magazine are seeking your feedback on industry event speakers. Do you attend in search of a panel with some good-natured debate, or do you yearn for an inspirational tale to get the gears turning? Please fill out our brief survey below to help us […]
Driving Demand: Vehicle complexity, aging cars among factors contributing to ‘robust’ aftermarket demand
Washington, D.C. — An aging car parc, ever-increasing miles-travelled and greater vehicle complexity will continue to drive robust demand across the automotive aftermarket through 2024, according to the recently-released Capstone Partners Automotive Aftermarket M&A Coverage Report October 2023. Capstone’s report states that an “aging [U.S.] car parc, growing miles travelled and increased vehicle complexity have […]
Stand Up Speak Out: Who supplies tools for new apprentices?
Loading…
Eco-Friendly Event: Simplicity Car Care to host annual Growth Conference in Sept.
Niagara Falls, Ontario — Simplicity Car Care is headed to Niagara Falls this Sept. 15 and 16 as the network hosts its 2023 Growth Conference. The two-day event will feature presentations from industry representatives and speakers internationally recognized. Speakers like Author and past V.P of Disney Magic Kingdom, Dan Cockerell; Sharon Romalho, Past V.P of HR […]
Awarding Ancaster: A conversation with CARSTAR Franchisee of the Year, Joe Saputo
Montreal, Quebec — CARSTAR Ancaster is this year’s CARSTAR Franchisee of the Year, Driven Brands announced at last week’s Canadian conference in Montreal. Joe Saputo, who owns and operates CARSTAR Ancaster, accepted the award at the event’s prom night-themed awards night. CARSTAR Ancaster has a long history with its franchising brand; Joe’s father, Sam Saputo, […]
Car Camp: Southern Alberta Institute of Tech offers autobody summer camp
Calgary, Alberta — The Southern Alberta Institute of Technology kicked off a brand-new summer camp on Monday. Exploring Trades, Auto Body is a five-day, in-person camp designed for students from Grade 9 through Grade 12. Campers will gain hands-on experience with autobody techniques and procedures while learning the ins and outs of automotive prepping and […]
Tuesday Ticker: Nikola issued delisting warning from NASDAQ; Tesla, Ford deal drives share prices
Toronto, Ontario — In this weekly Tuesday Ticker, electric truck maker Nikola risks being delisted from NASDAQ while Ford and Tesla see an uptick in share price thanks to a Supercharged partnership. Nikola could be nixed Controversial electric truck maker Nikola is at risk of being delisted from NASDAQ, the company disclosed last Thursday in […]
