Boyd’s Books: Boyd reports Q2 2024 financials; Internalization of scanning and calibration, repair-first strategy drive improved margins despite softening sales
Winnipeg, Manitoba — Boyd Group Services, which operates the Boyd Autobody and Glass and Assured collision networks, reported its second-quarter financials on Thursday. For the quarter ended June 30, 2024, Boyd Group Services posted net earnings of US$10.8 million, compared to US$26.3 million in the same period of 2023. Factors impacting net earnings, according to […]
Tuesday Ticker: Tesla shares drop three percent amid supply chain and other struggles; Toyota makes plans for a stellar year
Photo: Gigafactory Berlin-Brandenburg. Michael Wolf. Toronto, Ontario — In this weekly Tuesday Ticker, Tesla faces a triple threat of troubles, while Toyota makes plans to break production records for the second consecutive year. The NASDAQ remained closed on Monday due to Martin Luther King Day. Tumultuous times for Tesla Tesla is facing supply chain delays […]
Tuesday Ticker: Boyd Group announces Q1 cash dividend, Magna feels effects of rising interest rates
Toronto, Ontario — In this weekly Tuesday Ticker, Boyd Group announces a cash dividend for the first quarter of 2023 and rising interest rates, among other macroeconomic factors, put strain on Magna stocks. Betting on Boyd Boyd Group announced Friday a cash dividend for the first quarter of 2023 of $0.147 per common share. The […]
At the Peak: Simplicity Car Care recognizes top performing franchisees at first annual awards
Toronto, Ontario — To celebrate another year of growth, Simplicity Car Care hosted its first annual awards ceremony to honour its top performers across the country. To Simplicity, it’s about more than sales; the company takes time to honour owners and staff—known as Simplifiers—for leadership, customer satisfaction, and their impact on the community. The award […]
Conquering Together: Consolidated Collision Services serves educational sessions, honours top performers at National Network Meeting
Niagara Falls, Ontario — Consolidated Collision Services (CCS) held its National Network Meeting on October 19, where more than 80 members partook in a full day of thoughtful presentations, discussion and general merriment. The event was in collaboration with the Automotive Conference and Expo, or ACE held next door at the Niagara Fallsview Casino. The […]
Revenue via Recycling: Stellantis to expand circular economy business unit
Amsterdam, Netherlands — Stellantis has announced its mission to generate more than $2.6 billion in savings via a mission to extend the life of its vehicles and parts, the OEM announced Tuesday. The OEM forecasts that it can save €2 billion (CND$2.6 billion) in recycling and reusing parts through its circular economy unit. Stellantis said […]
Fix Chats: Interviews with Fix Network’s conference speakers
Quebec City, Quebec — From Sept. 29 to Oct. 1, Fix Network hosted its industry partners for the company’s annual conference. Attendees were treated to a lineup of on-trend presentations from Fix Network’s own executives and special visitors–and Collision Repair was lucky enough to catch up with the speakers following their presentations. Scroll through the […]
EV/AV Report: Waterproofing the Cybertruck; Loblaws deploys autonomous delivery trucks
Toronto, Ontario — In this weekly electric and autonomous vehicle report, Elon Musk teases some Cybertruck features; Loblaws deploys autonomous grocery trucks in Toronto and Nissan announces pricing for its upcoming EV. Waterproof…enough? Tesla CEO Elon Musk has said the Cybertruck is going to be “waterproof enough” to cross rivers and act as a marine […]
Tuesday Ticker: AutoCanada enters used-vehicle auction market
Toronto, Ontario — In this weekly Tuesday Ticker, AutoCanada enters the used-vehicle auction market with an acquisition; Magna makes electric-centric moves in India and Rivian sets a date for its Q3 results call. AutoCanada and auctions Last week, AutoCanada entered the used-vehicle auction market by acquiring North Toronto Auction (NTA), a fee-based used-vehicle auction business […]
Can You Believe This?! October 7, 2022
Toronto, Ontario — Happy long weekend Friday, folks! Why not celebrate with a zany clip? This week, witness warrior vehicles on the road–including an RV-limousine crossover and triple-decker transporters. Plus, see Disney’s foray into car parts; witness the world’s tiniest delivery and much, much more!
