Total Loss Trends: Report unveils COVID-19’s effect on recycling
Toronto, Ontario — According to a report by Mitchell Power detailing COVID-19’s impact on the auto industry, new total loss trends have emerged in the auto recycling industry. The report says there has been declines in average sale prices at wholesale auctions across the U.S. and Canada, which may also mean insurers are seeing less […]
Implementing CUSMA: Webinar explains how the new trade agreement will impact the automotive industry
Toronto, Ontario — On June 24, the Automotive Parts Manufacturers’ Association (APMA) hosted a webinar overviewing the upcoming implementation of CUSMA, the new trade agreement between Canada, U.S., and Mexico. Hosted by Flavio Volpe, the webinar featured two panelists: Joy Nott, Partner, Trade and Customs Practice at KPMG and Karin Muller, Director, Customs Compliance & […]
Go for Greenspan: Original One Parts adds new board member
Dallas, Texas — Steven Greenspan, chief operating officer of asTech recently joined the board of directors at Original One Parts. Bringing more than 20 years of experience in the automotive recycling and aftermarket industry, Greenspan will be a valued addition to the board. Beginning his career as plant manager at the Atlanta salvage yard with the […]
Investing in Innovation: Hyundai, Kia and LG Chem sponsor global EV & Battery Challenge
Toronto, Ontario — With the ever-increasing demand for EVs, Hyundai Motor Company, Kia Motors Corporation, and LG Chem are sponsoring the EV & Battery Challenge (EVBC), a global competition to identify up to 10 EV and battery start-ups for potential investment and collaboration. The global competition offers start-ups the opportunity to showcase their respective innovative […]
Speeding up the Claims Process: High-tech scanner helps Calgary weather the storm
Calgary, Alberta — Earlier this month a massive hailstorm hit Calgary, which has now left insurance agencies with the burden of trying to fill thousands of claims for damaged vehicles. However, DCC Hail, a paintless dent repair network has swooped in to help. The company developed a hail scanner, which scans vehicles and provides a […]
Cracking Down on Converters: Alberta’s proposed Bill 25 aims to reduce metal theft
Calgary, Alberta — The Albertan government has introduced a new measure aimed at tackling metal thefts, particularly in the automotive industry. On June 18, Bill 25: Protecting Alberta Industry From Theft Act, 2020, was introduced to establish new measures that will make it more difficult for criminals to sell stolen metal for scrap. “Our government has […]
