Up at Uni-Select: Company beats analyst estimates with Q4 2021 results

Boucherville, Quebec — Uni-Select reported its financial results for Q4 2021 last Friday, noting it “ended the year on a very strong note” with sales rising 9.3 percent to $400.2 million, ahead of the $394 million analysts had anticipated. Uni-Select’s net earnings for the quarter increased by $14.1 million to $9.0 million, while adjusted earnings […]

Bag It Up: Automotive Anti-Counterfeiting Council calls on eBay to end airbag sales on site

Dearborn, Michigan — The Automotive Anti-Counterfeiting Council (A2C2) has issued a call-to-action for eBay to cease its sale of airbags and airbag components, stating that it is the “only way to prevent the sale of dangerous counterfeit airbags” on eBay.com. A2C2 said it has been working with e-commerce marketplaces like eBay since 2015, highlighting the […]

AutoHouse Technologies 2020 Canadian Benchmark Report: Sales and Gross Profit Trends

Vancouver, British Columbia ⁠— AutoHouse Technologies has released its 2020 Canadian Benchmark Report for the collision repair industry, wherein the company details sales, gross profit trends, cycle times and touch times for the Canadian autobody sector last year. Today, we take a closer look at some of the big takeaways from the report’s look at […]

HGreg, King of the Nissan: HGreg has No. 1 Nissan dealership in both Canada and U.S.

Saint-Eustache, Quebec — Closing off another glamourous award season for the North American auto industry, Quebec-based dealer network, HGreg, is excited to announce big numbers on both sides of the border as two shops under the banner have been named #1 best-selling Nissan dealerships for Canada and the U.S., respectively. Beating out a total of […]

Big Money; Possible Whammies: Stellantis plans to triple EV sales in 2021

Milan, Italy — Stellantis, formed from a merger between FCA and Groupe PSA, is betting big on themselves this year, announcing a plan to triple its global sales of electric vehicles this year, the head of holding company Exor, the carmaker’s main shareholder, said on Thursday. The world’s fourth largest carmaker targets global sales of […]

Lordco Annual Tradeshow set for April 1-30, online

One of Lordco Parts’ facilities in Cache Creek, British Columbia. Lordco has put forth a $25,000 contribution to the Canadian Red Cross and another $10,000 to the Emergency Operations Centre.

Toronto, Ontario – Lordco Auto Parts has announced that it’s thirty-first Annual Tradeshow is a go for this April. Taking advantage of an online platform for the second year in a row, the Lordco Annual Tradeshow is set to take place over the course of the entire month of April. “We want participants to enjoy […]

Canada: cooling on cars, picking up on pickups

While car shares are the lowest total in over fifty years, sales of light-trucks are record-breaking.

By CRM staff Richmond Hill, Ontario — January 10, 2018 — While sales of cars slipped in Canada last year, it was a record-breaking year for vehicle sales overall, thanks to the number of light trucks bought by Canadians, according to a report released by DesRosiers Automotive Consultants. With Canadians buying more than two million […]

IHS Markit says autonomous vehicle sales will surpass 33 million annually in 2040

IHS Markit said self-driving vehicles will initially gain a foothold through ride-sharing services beginning in 2019 with the first deployments occurring in the United States.

Southfield, Michigan — January 8, 2017 — Autonomous vehicles (AVs) may become widespread more quickly than realized by the general public. According to a report by business information provider IHS Markit, more than 33 million AVs will be sold globally in 2040. A 600-fold increase over the forecast sales numbers for 2021, 51,000 AVs.   The […]