Gone too Soon: High repair cost driving many Teslas to salvage prematurely, Reuters says
Toronto, Ontario — Tesla has been talking big about its in-house insurance platform recently, and how it is providing insights on potential design improvements, but some recent reporting from Reuters has found that far too many of the electric automaker’s vehicles are turning up as salvage prematurely. In a compilation of 120 Model Y vehicles […]
Relic Recovery: Rust Valley Restorers duo to auction off 300+ vehicles this weekend
Tappen, British Columbia — Mike Hall and Avery Shoaf, better known by their show business moniker, the “Rust Valley Restorers,” are continuing to shed their impressive automotive collections, as the pair prepare to hold a no-reserve auction this weekend where they expect to part with hundreds of vehicles. In a Facebook video, Hall explained that he […]
In Tune with the Times: Solera unveils new logo, website
Westlake, Texas — Solera is unveiling a new logo and website that it says “more accurately” represents the company in today’s automotive space. “The logo includes a stylized lightning bolt that symbolizes our commitment to leveraging our speed, data, and solutions to help accelerate your success,” wrote Solera in its announcement. The company says its […]
Salvage Shock: After renewing car insurance N.S. family finds out car is uninsurable
Dartmouth, Nova Scotia — Two years ago, Lisa Burnie’s daughter purchased her first vehicle. It was a 2009 Hyundai Elantra, which she bought from O’Regan’s Direct Wholesale in Dartmouth, Nova Scotia, according to CBC. However, just two weeks ago when Burnie was looking to renew her daughter’s insurance she received some shocking news. She found […]
Chop Stopped: Alberta RCMP shut down chop shop near Bonnyville
Bonnyville, Alberta — Alberta mounties have laid down the law on a chop shop operating north of Bonnyville after they recovered 12 stolen vehicles from the property, just over a month ago. The suspicions of police were raised when a stolen Ford F350 service truck was discovered on the property, prompting local RCMP to investigate […]
Market update: Hurricanes drag down Copart revenue
By CRM staff Toronto, Ontario — November 26, 2018 — In this week’s market update, Copart reveals the true cost of hurricanes to its salvage and auction business, and a forecast of growth for the collision repair sector. The cost of hurricanes: CopartSales and earnings for Copart grew by double digits in its first quarter […]
Earl Cameron of SGI discusses retirement, career and future
Effective December 31, Earl Cameron, Executive Vice President of the Auto Fund, Saskatchewan Government Insurance, is retiring after 44 years of service. The following is an interview between Cameron and Marie Schultz, Communications Consultant, Media Relations, of SGI. Together, the pair explore Cameron’s career path, retirement and future. By Marie Schultz Saskatchewan, Regina — December […]
SGI and Saskatchewan Polytechnic partner to give students access to late-model cars
Saskatoon, Saskatchewan — May 24, 2017 — It all started with a Pontiac Sunfire in 2002. Since then, nearly 250 vehicles have been repaired by Saskatchewan Polytechnic Automotive Service and Auto Body Technician certificate students. Recently the long-running but little-known partnership between Saskatchewan Government Insurance (SGI) Salvage and Saskatchewan Polytechnic was celebrated at Saskatoon campus. For […]
IARC: Industry experts discuss the challenge of acquiring end-of-life vehicles
Berlin, Germany — March 28, 2017 — Finding quality salvage vehicles is a challenge for recyclers worldwide. A number of sector representatives came together recently at the International Automobile Recycling Congress (IARC) 2017 to discuss various proposals to meet this challenge. The event took place March 22 to 24 at Hotel Palace in Berlin, Germany. […]
Impact Auto Auctions’ new Edmonton facility is the largest in Canada
Edmonton, Alberta — October 5, 2016 — Impact Auto Auctions welcomed more than 250 auto industry professionals and local dignitaries to the grand opening of its new Edmonton auto salvage auction facility. Located at 26419 Twp. Road 525A in Acheson, Alberta, the facility is the largest of its kind in Canada. It features 47 acres […]
