Tuesday Ticker: June 21, 2022
Toronto, Ontario — In this weekly stock update, Uber loses a North American exec and Tesla CEO Elon Musk makes some curiously timed layoffs. Do the Uber shuffle Dennis Cinelli, the head of Uber’s ride operations in the United States and Canada, is stepping down, according to reports from undisclosed sources. Cinelli is reported leaving […]
McQuillan’s Move: Tony McQuillan named National Director of Strategic Accounts and OEM Programs for TED Group
Winnipeg, Manitoba — Tony McQuillan has been named the national director of strategic accounts and OEM programs for the TED Group, the company announced last week. McQuillan will oversee national strategic account development, as well as support new programs and initiatives for all TED Group brands while ensuring alignment with OEM programs. McQuillan has worked […]
Tuesday Ticker: May 31, 2022
Toronto, Ontario — In this weekly Tuesday Ticker, Rivian sees some executive shake-ups amid an already tumultuous year, while another battery tech player sets its sights on Quebec’s cathode active materials (CAM). Do the Rivian shuffle Rivian is reorganizing its executive ranks as one of its top manufacturing officers parts ways with the EV automaker. […]
Welcomes of the Week: NOVUS Glass Kelowna
Kelowna, British Columbia — Kelowna, one of the fastest growing cities in western Canada, is the latest city to offer NOVUS Glass’ world-acclaimed glass repair and replacement services. NOVUS Glass Kelowna joins Fix Network’s impressive global portfolio of locally owned and operated aftermarket franchise centres across the world. The centre’s operations manager, Scott Maciag, has […]
New to the Network: Colonial Garage & Distributors and affiliated companies to join Uni-Select network, per strategic agreement
Boucherville, Québec — Uni-Select Canada has entered a strategic agreement that will see Colonial Garage and Distributors Ltd. and its affiliated companies join Uni-Select’s Canadian network, the companies announced Tuesday. The Colonial Group was established almost 100 years ago and remains a family-owned and operated business today. As the largest privately-owned aftermarket auto parts supplier […]
Tuesday Ticker: May 24, 2022
Toronto, Ontario — Ford throws seven million more Rivian shares up for sale while Uber tries to offset its losses in Collision Repair’s weekly Tuesday Ticker. Red-tag item, Rivian Last week, it was reported Ford Motor Co. had offloaded eight million shares in electric vehicle startup Rivian. On Monday, May 16, the automaker sold a […]
Welcomes of the Week: UniGlass Plus/Ziebart Calgary
Calgary, Alberta — Uniban announced the opening UniglassPlus/Ziebart Calgary located at 1511 Highfield Crescent SE, Calgary, AB, T2G 5M4, earlier this week. Glen Van Camp, and his son Cayden Van Camp, owners of UniglassPlus/Ziebart Calgary, have been in the business for 20 years combined. The senior Van Camp has been in the industry for 15 […]
Tuesday Ticker: May 17, 2022
Toronto, Ontario — This week, Ford ditches more than 15 million of its shares in Rivian, while a company known for car ‘vending machines’ finds itself in hard times. Rough week for Rivian Ford has offloaded more than US$400 million in Rivian shares this past week. The automaker sold eight million shares of Rivian on […]
Boyd Group Bounce Back: Company reports Q1 2022 financial results, cites client price increases, wage pressure
Winnipeg, Manitoba — The Boyd Group reported its Q1 2022 financial results Wednesday, confirming that the company saw “some modest recovery of demand for services in Canada,” as COVID-19 restrictions were lifted across the nation. Sales increased by 32 percent to US$556.8 million for Boyd’s U.S. and Canadian operations, up from US$421.6 million in the […]
Tuesday Ticker: May 10, 2022
Toronto, Ontario — In this weekly Tuesday Ticker, AutoCanada picks up two luxury dealerships in Ontario, teasing the potential to expand its collision services; Uni-Select reports a “strong start” to the year with its Q1 2022 financial results, and a Toronto-based parts maker sees big drops in net profits. Leaning on luxury AutoCanada added two […]
