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 […]

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 […]

Ladies First: Celebrating women of the industry on International Womens Day

Toronto, Ontario ⁠— Women make up approximately half of the world’s population. If you ask Google, it’ll tell you that about 49.58 percent of the global population identifies as female. For every 100 women, there are 101.68 men. It’s nearly 50-50. But those numbers don’t check out when you look at skilled trades demographics. Only […]

Tuesday Ticker: AutoCanada net income down in Q4 2022; Martinrea reports major gains

Toronto, Ontario ⁠— In this weekly Tuesday Ticker, AutoCanada reports net income decreases⁠ and records in full-year reports, while Ontario auto parts manufacturer Martinrea marks 20 percent gains in Q4 2022 sales. Meanwhile, proxy advisors suggest Ritchie Brothers Auctioneers steers clear of its deal to acquire IAA Inc.  Record highs and lows AutoCanada reported its […]

Can You Believe This?! July 22, 2022

Toronto, Ontario — You won’t believe what we’ve got in store for you this Friday! From truck modifications that’ll turn your head sideways to nightmare-inducing paint jobs–this weekly Collision Repair Can You Believe This is sure to render a chuckle.