BUSINESS NEWS
HERE’S TO 100 Simplicity Car Care has announced the upcoming grand opening of its 100th shop in Canada in the form of a new Toronto South location. The new location will handle everything from routine maintenance to complex repairs. A press release further noted that the team has decades of experience in the industry and […]
BUSINESS NEWS
GROWTH ‘N’ GAINS When considering size in terms of dollars, the overall Canadian light vehicle aftermarket grew significantly between 2021 and 2023, according to a new report from Desrosiers Automotive Consultants. From 2021 to 2023, DAC says the overall light vehicle aftermarket expanded from $22.5 billion in 2021 to $24.1 billion in 2023. Retail aftermarket […]
BUSINESS NEWS
CONNECTING IN CALGARY Fix Network Canada hosted strategic partners at its Calgary training centre for an estimating course designed to review and refine collision repair estimating skills. According to Philippe-Andre Bisson, director of marketing and communications, Fix Network, the training was facilitated by Tim White, senior services consultant at AkzoNobel. A total of 22 attendees […]
BUSINESS NEWS
PAINTING PATHWAYS Fix Network and its Calgary, Alta. Training Centre partnered with Alberta-based CAREERS to host a Young Women in Trades and Technologies Day, where seven high school students with no prior autobody experience learned about opportunities in the trade. Students learned about painting gear and suits; prepped panels, applied tack and spray sealer/base coat; […]
BUSINESS NEWS
FIRST IN THE NATION Chapman Auto Body and its three locations are the first Canadian members of Certified Collision Group (CCG), Kelvin Campbell, owner of Chapman Auto Body, announced. Chapman Auto Body operates three stores in Dartmouth, Halifax and Bedford, Nova Scotia. CCG first announced its expansion to Canada in December 2023. “I’m looking forward […]
Tuesday Ticker: Elon Musk disagrees with attorneys; Martinrea marks Q4 2023 numbers
Toronto, Ontario — In this weekly Tuesday Ticker, Elon Musk is told he does not deserve a share payout for his work with Tesla, while Martinrea reports its financials for the quarter ended Dec. 31, 2023. Touchy topics at Tesla A Tesla shareholder argued last week in a Delaware, U.S., court that Elon Musk does […]
BUSINESS NEWS
COLOR COMPASS’ CONTRIBUTION ProSpot International has honoured Color Compass as its 2023 Canada Distributor of the Year. ProSpot noted Color Compass received this award as a result of aiding in refocused efforts in bringing equipment solutions to customers. A focus on mobile weld stations, rivet and bonding stations, along with an emphasis on service and […]
BUSINESS NEWS
SELECTING UPGRADES Uni-Select has announced the acquisition of Auto Parts Central and Central Canada Industries in a move aimed at expanding the company’s footprint in Ontario, Manitoba and Saskatchewan. The network currently consists of 14 locations across Ontario, Manitoba and Saskatchewan, and a workforce of 170 employees across all locations. “We are truly honoured to […]
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 […]
BUSINESS NEWS
POLYGLOT PLATFORM Arslan Automotive is currently finalizing the Korean translation of its Accuvision 3D measuring system and its associated software, company owner Arman Gurarslan told Collision Repair. Gurarslan hosted a team of Korean automotive professionals at Performance Collision Brampton, managed by Gary Dunn, in mid-August. The Korean team had the chance to receive training on […]
