Progress for Progi: Progi expands car auction platform to all licensed Canadian buyers
Toronto, Ontario — Progi announced last Thursday that going forward, Quebec vehicles sold on the ProgiPix car auction platform will be made available to all buyers with a Canadian operating license. The Quebec-based company is opening the floodgates to all accredited auto recyclers operating in Canada with this news, which operations director Frederic Miceli says […]
A Match for Maslack: Uni-Select enters definitive agreement to acquire Maslack Supply
Boucherville, Quebec — Quebec-based automotive giants Uni-Select announced on Monday that it has solidified plans to acquire Maslack Supply Limited, furthering the company’s expansion into Ontario. Over its 63 years in business, Maslack has grown from a small family-owned and operated auto parts supply company, to include 13 locations across Northern Ontario and more than […]
Fortner’s Fortitude: LKQs Terry Fortner announces retirement, effective July
Toronto, Ontario — Terry Fortner, the long-time v-p of sales and marketing for LKQ has announced his retirement, effective at the end of July. Fortner, who gave 12 years of his career to LKQ, was initially brought on to develop relationships with the company’s corporate insurance partners and high-volume shops. President, Wholesale North America Operations […]
Fenix Parts reports loss, but improved business
By Jeff Sanford Toronto, Ontario — July 5, 2016 — Auto recycling conglomerate Fenix Parts has announced its first quarter 2016 results this past week. While the company reported a loss, the underlying business seems to be doing well. The company recorded a net loss of $41 million for the quarter, or $1.97 per share. […]
