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?
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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 […]
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 […]
Tuesday Ticker: Driven Brands celebrates two years on Nasdaq; Tesla cuts prices globally
Toronto, Ontario — This week, Driven Brands celebrates two years since going public with a guest appearance At Nasdaq and Tesla drops its Canadian prices again. Two years public Driven Brands celebrated two years since it first went public in a big way, with group president and executive vice president of paint, collision and glass […]
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.
