Growth and Gains: Overall light vehicle aftermarket grows in terms of dollar size, according to Desrosiers
Toronto, Ontario — In terms of dollar size, the overall light vehicle aftermarket grew between 2021 and 2023, reports Desrosiers Automotive Consultants (DAC), driven by increases in both retail aftermarket parts and labour. From 2021 to 2023, DAC says the overall light vehicle aftermarket experienced growth, expanding from $22.5 billion in 2021 to $24.1 billion […]
Clear Consensus: Uni-Select approves plan of arrangement with LKQ
Boucherville, Quebec — Uni-Select shareholders announced that they have approved their company’s plan of arrangement with LKQ and its subsidiary, securing a near-unanimous agreement at Thursday’s special meeting. The arrangement resolution was approved by 98.87 percent of the votes cast by shareholders present virtually or represented by proxy and entitled to vote at the meeting, […]
Cash Count: Uni-Select reports Q4 2022, full-year financial results; FinishMaster growth driven by price increases
Boucherville, Quebec — Uni-Select reported both full-year and Q4 2022 financial results on Friday. For Q4 2022, consolidated sales for Uni-Select were $424.8 million, up $24.6 million or 6.2 percent from Q4 2021. The company’s FinishMaster U.S. segment reported sales of $173 million for Q4 2022, an increase of 3.4 percent, primarily driven by price increases. […]
