Shacking up with Treschak: Color Compass Corporation acquires Treschak Enterprises in Welland, Ont.
Welland, Ontario — Treschak Enterprises in Welland, Ont. has been acquired by Color Compass Corporation, expanding the Canadian footprint of the autobody supply distributor. According to Color Compass, this is part of the company’s historic practice of strategic market growth and acquisitions, with the addition of Treschak Enterprises being part of their continued expansion within […]
Stink Bugs: Takata airbags found in 4,400 Canadian Volkswagen Beetles, recall issued
Toronto, Ontario — About 4,400 Volkswagen Beetles from model years 2015 and 2016 have been recalled across Canada, citing the presence of Takata-branded driver-side airbag inflators, which have been proven to explode and send fragments flying into the cabin during a collision. According to Transport Canada, this defect stems from long term exposure to high […]
EV/AV Report: Aspirational challenges and milestone products
Toronto, Ontario — A new electric vehicle manufacturing facility begins operations in Quebec, and industry stakeholders and provincial bodies respond to the recently announced federal zero-emission automotive requirements by 2026. This is the latest in electric and autonomous vehicles. Home Grown Lion Electric Company has produced its first lithium-ion battery pack at the company’s battery […]
EV/AV Report: Worrying wording and autonomous accidents
Toronto, Ontario – Toyota justifies its resistance against electric vehicle (EV) adoption and an autonomous Tesla triggers an eight-vehicle pileup. This is the latest in electric and autonomous vehicles. Digging In This week, Toyota’s president justified the company’s poor decarbonization efforts by claiming that the “right answer (towards decarbonization) is still unclear, we shouldn’t limit […]
Holding Steady: ICBC files to freeze basic insurance rates for next two years
Vancouver, British Columbia — The Insurance Corporation of British Columbia has filed an application with the British Columbia Utilities Commission (BCUC) for no increase to basic insurance rates for the next two years. “Holding firm on ICBC’s basic insurance rate for two more years will help millions of drivers with their monthly bills amid global […]
Market Opportunities: Federal gov. aims for 20 percent of light vehicle parc emissions-free by 2026
Ottawa, Ontario — The government of Canada has announced a comprehensive strategy to promote the switch to zero-emission vehicles and reducing on-road transportation pollution, with milestones for the net-zero goal starting as early as 2026. In last Wednesday’s announcement, Minster of Transport Omar Alghabra announced Canada’s Action Plan for Clean On-Road Transportation, a plan by […]
Expensive Living: Alberta faces highest auto insurance rates of any province, says ICBC report
Calgary, Alberta — Albertans are paying the highest auto insurance rates in Canada, according to a Insurance Corporation of British Columbia (ICBC) report released Dec. 8. According to the original report from the ICBC website, data was compiled from automotive insurance rates starting from Sept. 1, across nine provinces. Out of 27 customer profiles varying […]
Planning for Success: Autonomous vehicle trends and predictions for 2023
Toronto, Ontario — Autonomous vehicles (AVs) have been drawing a lot of attention in the past few months, rarely in a positive light. Thankfully, business intelligence consultancy firm, IDTechEx suggests that we are getting closer to large scale AV deployments—just not as consumer level vehicles. For instance, Waymo and Cruise have successfully deployed robotaxi services […]
Off the Presses: Canadian Black Book December 2022 data released
Toronto, Ontario — The latest edition of the Canadian Black Book (CBB) Used Vehicle Retention Index is now available, providing members of the automotive industry with price trends based on historical, current and residual values. Notably, used vehicle retention appears to have peaked at unprecedented levels in the past 15 years. According to the CBB, […]
Industry Insider: Building solutions to the supply chain shortage | Dayle Thys of LKQ
Toronto, Ontario — On this episode of Industry Insider, “Building Solutions to the Supply Chain Shortage” Collision Repair’s James Kerr speaks with Dayle Thys, District Manager C3 Western Canada for LKQ. We discuss the struggles shops are facing, and what you can do about it.
