Can’t Riv’ it Down: EV manufacturer Rivian layoffs hundreds of workers
Toronto, Ontario — In spite of last week’s announcement that production and deliveries would be increasing, Rivian has revealed plans to cut five percent of their workforce. According to Bloomberg News, this layoff equates to hundreds of jobs across Rivian’s 10,000-strong global workforce. This decision comes after Rivian increased staffing through certain sectors related to non-manufacturing […]
Welcomes of the Week: Auto Canada acquires Burwell Auto Body London
London, Ontario — North American automotive dealership chain, Auto Canada, has welcomed Burwell Auto Body into its family of collision centres. Burwell Auto Body is a collision centre focused on luxury brands and based out of London, Ont. “The addition of this high-calibre business represents a continuation of our strategy to strategically expand our national […]
Speaking with SATA: Florian Kaiser, CEO, and Joerg Goettling discuss experience at IBIS Global Summit
Monte-Carlo, Monaco — From June 15 through June 17, international delegates of the global collision repair industry were in Monaco for the annual IBIS Global Summit. Spectators were treated to comprehensive presentations on the global state of our industry, networking opportunities and the most picturesque views the French Riviera has to offer. Collision Repair mag […]
Tuesday Ticker: February 22, 2022
Toronto, Ontario — This week, Magna feels the effects of the Ambassador Bridge closure on top of an already difficult start to the year; Volkswagen and Huawei reportedly eye a partnership in autonomous driving tech and both Renault and Rivian vow never to dip their toes into the ocean. Ambassador effects Magna International is feeling […]
First-Place Franchise: CARSTAR ranked no. 1 in collision repair franchises by Entrepreneur magazine Franchise 500
Charlotte, North Carolina – CARSTAR has been ranked number one in its category among top franchises in Entrepreneur magazine’s 2022 Franchise 500 list. “It’s an honour to again be recognized among the top franchise companies in the world,” said Dean Fisher, collision group president for Driven Brands. “Through 2021 we focused on supporting our franchise […]
Tuesday Ticker: January 11, 2022
Toronto, Ontario — In this week’s Tuesday Ticker, Magna International announces a brand new EV centre, Volkswagen of America CEO complains that the automaker’s total-units-sold could be higher and General Motors partners with Qualcomm for a revamped Ultra Cruise. Electric energy at Magna HQ Magna International announced last week it plans to develop a new […]
Go for Glass: Driven Brands expands auto glass offering into U.S. with Auto Glass Now acquisition
Charlotte, North Carolina — Driven Brands announced the expansion of its auto glass offering into the United States Tuesday with its acquisition of Auto Glass Now (AGN). The company acquired AGN for approximately US$170 million on Dec. 30, 2021. The acquisition makes Driven Brands one of largest auto glass service providers in North America, said […]
Tuesday Ticker: November 23, 2021
Toronto, Ontario — This week, Ford and Rivian officially scrap plans to work together; news of potential release dates flurry around Apple’s rumoured EV project and AutoCanada grabs the eyes of market analysts with its latest acquisition. Ford and Rivian announce breakup In 2019, Ford invested a hefty sum of US$500 million in Rivian, later […]
Hello, Harbourside: Chapman Autobody acquires third location
Dartmouth, Nova Scotia — Kelvin Campbell and the CSN Chapman Auto Body team are thrilled to announce the acquisition of Chapman Auto Body Harbourside, marking the company’s third location in Nova Scotia. As of Monday, November 1, Chapman Auto Body is the proud new owner of CSN Harbourside Collision—now Chapman Auto Body Harbourside—in Dartmouth. In […]
Welcomes of the Week: CSN Koebel’s
Waterloo, Ontario — The latest facility signed to CSN Collision Centres’ roster is CSN Koebel’s, located in Waterloo, Ontario, the company announced October 12. CSN Koebel’s is owned by one of CSN’s original founders and collision industry stalwart, Rob Pavan. Managed by long-time colleague Tony Koebel, the 14,000 sq. ft. facility is in a position […]
