Antitrust Alliance: Large-scale parts price-fixing class action nets $78 million for settlement distribution
Toronto, Ontario — A class action lawsuit involving four law firms from across Canada has managed to rack up $78 million to be distributed as settlement to the victims of an auto parts price-fixing conspiracy, according to a Wednesday press release. Siskinds LLP, Sotos LLP, Camp Fiorante Matthews Mogerman LLP (CFM) and Siskinds Desmeules s.e.n.c.r.l. […]
Pleading for Parity: Boyd Group CEO says ‘industry needs to raise the bar on compensation for skilled labour’
Toronto, Ontario — If you haven’t heard it enough yet, Tim O’Day from Boyd Group is here to say it again; the industry needs to do much better about compensating technicians if it wants to keep its collision centres staffed. “It’s still a very, very tight, competitive labour market so even as we’re receiving price […]
Mixed Bag: S&P reports premiums to rise before supply chain disruptions ease
Toronto, Ontario — The latest U.S. Auto Insurance Market Report from S&P Global Intelligence is showing that the costs of the COVID-19 pandemic have made their way into the auto insurance industry, in the form of increased premiums for many American drivers. “Auto insurers provided estimated premium relief of as much as $16.4 billion to […]
Latest Mitchell report provides a deeper look at rising parts prices
San Diego, California — August 16, 2016 — Mitchell International has released its Industry Trends Report (ITR) for the third quarter of 2016. The latest report offers a deeper look at the price trends of the most replaced collision parts. Highlights from the latest edition include an in-depth look at the findings in Mitchell’s […]
