Good Results in All Regions: AkzoNobel publishes 2022 report with financial results
Amsterdam, The Netherlands — AkzoNobel unveiled its 2022 report on Wednesday, which details the company’s activities last year, including financial results and key business developments. High energy costs and labour shortages continued to impact AkzoNobel’s vehicle refinish customers in 2022 while presenting the company with opportunities to support customers’ sustainability ambitions. Nonetheless, director of automotive […]
Steady Markets: AutoTrader predicts stable vehicle purchases despite changing economic outlooks for Q3, 2022
Toronto, Ontario — AutoTrader has released its latest “vehicle purchase intentions” study with one particularly surprising result—24 percent of Canadians polled expect to buy a vehicle in the third quarter of 2022, 6 percent higher than the 18 percent who expected to buy a vehicle in the third quarter of 2021. According to the study, […]
It Could Be Costly: ICBC reports distracted driving on the rise
Victoria, British Columbia — The Insurance Corporation of British Columbia (ICBC) has released new statistics regarding a rise in distracted driving amongst BC drivers. The survey reports that 43 percent of respondents have used their phones while driving at least one time over the past ten trips. This represents a rise from 33 percent of […]
Welcome to the Danger Zone: CAA South Central Ontario study finds unsafe driving prevalent within Ontario
Thornhill, Ontario– A new study by market research company DIG Insights has confirmed what a lot of drivers already know. It’s dangerous out there! The report indicates that 98 percent of drivers surveyed reported that they had seen unsafe driving within the last year. This number is up three percent from the previous year. This […]
Axalta’s Eye: White continues to top Global Automotive Color Popularity, but gray makes gains
Glen Mills, Pennsylvania — If you bought a grey vehicle in the last year thinking you’d stand out from the typical black or white-coated car, we’ve got some bad news for you. Axalta released its 69th annual Global Automotive Color Popularity Report, revealing the majority of cars on today’s roads are white (35 percent), black […]
Tuesday Ticker: December 21, 2021
Toronto, Ontario — In this Tuesday Ticker, Rivian reports its Q3 highlights; dreams of Uber are dashed in Kelowna and the Boyd Group announces its Q4 2021 cash dividend. Highs and lows Rivian reported its earnings for the third quarter of 2021 last week, reporting profits of US$1 million—thanks to its first customer deliveries of […]
Tuesday Ticker: June 29, 2021
Toronto, Ontario — Magna discloses a seven percent stake in Fisker; General Motors ups its EV and autonomous vehicle spending and Tesla encounters service problems in China in this edition of Collision Repair’s Tuesday Ticker. Funds in Fisker Magna International reported last week that it holds 12,969,986 shares in Fisker, giving Magna a 7.4 percent […]
Tuesday Ticker: April 27, 2021
Toronto, Ontario — In this week’s Tuesday Ticker, PPG scores a consecutive Gold Rating in business sustainability, AkzoNobel reports growth for 2021’s first quarter and auto parts supplier Martinrea teams up for a joint battery research venture. Seal of sustainability PPG has announced that it has once again achieved a Gold Rating in corporate social […]
Wild West: Ontario highest vehicle theft rate, Alberta close behind, says HelloSafe.ca report
Toronto, Ontario – Albertans, check your keys; a new report from HelloSafe.ca shows that the province is swinging well above its weight when it comes to rates of vehicle theft, and the thieve’s targets aren’t exactly what one might expect. The report, published on Feb. 2, outlines rates of vehicle theft across Canada and showed […]
Mitchell Industry Trend Report: big changes demand incremental improvements
Toronto, Ontario — June 14, 2018 – Mitchell’s Q2 Industry Trend Report packed a serious punch for readers in the collision repair industry, warning them to avoid drastic business overhauls and to focus on making incremental improvements. The report highlights the impact data analytics have on auto insurance claims and how they can provide […]
