Products: Page 9

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BOOKS, TOYS… AND AUTO PARTS?

Amazon enters the parts sector Story by MAX REID Convenient or concerning? That is what many in the U.S. aftermarket are asking themselves following the launch of Amazon’s new OEM auto parts portal, a new purchasing option that cuts costs and cuts out dealers. Bruce Halcro, owner of Capital Collision Center in Helena, Montana, spoke […]

Collision Repair

Premature Disappearance: Insurers likely writing off electric vehicles for scratched batteries

Toronto, Ontario — Excited to dive into the world of electric vehicle (EV) recycling? With the current state of insurance, an EV might be written off completely if its battery is dented, warped or slightly scratched. According to an article first published by the Times Live, this stems from a general inability to assess or […]

Collision Repair

Colourful Competition: PPG and Tasca Racing announce sponsorship for 2023 hot rod season

Strongsville, Ohio — PPG recently announced that it will extend its sponsorship of the Tasca racing team for the 2023 National Hot Rod Association, while unveiling a new look at the cars the team will bring to tracks shortly. The paint scheme is designed to match PPG’s INDYCAR layout and took seven people a total […]

Products

Auctions for Auctioneers: Ritchie Bros acquisition of IAA achieves shareholder approval

Toronto, Ontario — After some bumps along the road of negotiation, the Ritchie Bros acquisition of IAA has been completed following shareholder agreement from both parties. This merger will see IAA stockholders receive $12.80 per share in cash and 0.5252 common shares of Ritchie Bros. for each share of IAA common stock they own. When […]

Collision Repair

Cracks in the Line: Hyundai recalls nearly 300,000 vehicles for corroded brake lines

Toronto, Ontario — Transport Canada has issued a recall on 295,777 Hyundai vehicles following a warning from the OEM that brake lines under the vehicle could corrode, reducing braking power and increasing the risk of a crash. Affected models include the 2011 to 2016 Elantra and Equus, 2009 to 2014 Genesis, 2010 to 2016 Genesis Coupe, […]

Products

Tuesday Ticker: AutoCanada net income down in Q4 2022; Martinrea reports major gains

Toronto, Ontario ⁠— In this weekly Tuesday Ticker, AutoCanada reports net income decreases⁠ and records in full-year reports, while Ontario auto parts manufacturer Martinrea marks 20 percent gains in Q4 2022 sales. Meanwhile, proxy advisors suggest Ritchie Brothers Auctioneers steers clear of its deal to acquire IAA Inc.  Record highs and lows AutoCanada reported its […]

Repo Robot: Ford patents self-repossessing vehicle system

Toronto, Ontario — In late February, Ford published a patent with the United States Patent Office, attempting to secure a ownership of a design that would remotely repossess vehicles at will. Officially named “Systems and Methods to Repossess a Vehicle,” this filing with the U.S. Patent Office aims to strongly encourage timely payments through a […]

Bold Claims: 3M wins award at 2022 SURCAR Shanghai Congress as customers strive for ‘lights-out’ paint shop

Minnesota, United States – 3M’s Finesse-it Robotic Paint Repair System has earned the “Award for Technique” at the 2022 SURCAR Shanghai Congress, an award by an international autobody finishing organization recognizing the OEM’s ability to use of artificial intelligence (AI) for autobody finishes. “We have completely digitized this critical operation, which allows for continuous real-time […]

Paint by Numbers: Sherwin Williams reports 2022 full-year, Q4 results; consolidated net sales up due to price increases

Cleveland, Ohio ⁠— Sherwin Williams reported its 2022 year-end and fourth-quarter financial results last month, with consolidated net sales ringing in at a record US$22.15 billion, up 11.1 percent from 2021. The company said sales from locations open for the full year of 2022 in the U.S. and Canada grew 11.7 percent. Fourth-quarter consolidated net […]

Bubble Buddy: WhistlinDiesel demos vehicle protection dome with miscellaneous projectiles

Toronto, Ontario — Your techs may soon be playing with bubbles on the production floor, should they find inspiration from an eye-catching product demo video making its rounds on LinkedIn. The CarCapsule by WhistlinDiesel, dubbed “the original car bubble”, is an inflatable car storage protection system designed to protect vehicles from “every last hurtful germ […]

Warm Tones: Solar Yellow exterior paint available for order on 2023 Jeep Renegades

Windsor, Ontario — Break out of those midwinter blues with some sun with a new paint offering from Jeep, following the opening of orders for the new Solar Yellow exterior tint on Wednesday. Set to coat 2023 Jeep Renegade models, including new special edition Upland models, this new paint is available for order now at […]

B-town Boost: Magna International invests $471 million into Brampton EV battery enclosure plant

Brampton, Ontario — Ontario’s automotive manufacturing giant, Magna International, is throwing

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