Welcomes of the Week: CARSTAR Brossard
Brossard, Quebec — CARSTAR Canada is proud to announce the opening of CARSTAR Brossard, at 761 Boul. Matte, Brossard, Quebec. Owner of CARSTAR Brossard, Maxime Waked, has been a part of the CARSTAR family since 2015 and has since grown his business to now four locations with this newest addition. Waked credits his focus on […]
Ready, Set, Rivian: Electric automaker set to launch $60+ billion IPO
Irvine, California — Electric automaker Rivian is set to launch its initial public offering in the second week of November, with a proposed valuation of just over US$60 billion, according to a report from the Wall Street Journal. Rivian disclosed its target valuation in an updated regulatory filing Nov. 1, said the WSJ. The automaker […]
Consolidation Craze: Vincent Romans predicts aggressive consolidation
Las Vegas, Nevada — Vincent Romans says he’s seen more independent collision repairers considering selling their business than ever before, he told audiences at the MSO Symposium at Las Vegas’ Mandalay Bay on Monday. The managing partner of the Romans Group and publisher of an annual whitepaper on the U.S. and Canadian collision industries spoke […]
Hello, Harbourside: Chapman Autobody acquires third location
Dartmouth, Nova Scotia — Kelvin Campbell and the CSN Chapman Auto Body team are thrilled to announce the acquisition of Chapman Auto Body Harbourside, marking the company’s third location in Nova Scotia. As of Monday, November 1, Chapman Auto Body is the proud new owner of CSN Harbourside Collision—now Chapman Auto Body Harbourside—in Dartmouth. In […]
Mojave Mayhem: Come see Collision Repair mag at the SEMA Show
Las Vegas, Nevada — The 2021 SEMA Show kicks off today, November 2—and Collision Repair mag will be there all week covering the action! Come visit Collision Repair mag at Booth #34233 in the Collision Repair and Refinish Hall today through November 5, where magazine publisher Darryl Simmons will be greeting all your friendly faces […]
Tuesday Ticker: November 2, 2021
Toronto, Ontario — This week, Uber outperforms lift in the immediate aftermath of pandemic lockdowns; automakers announce Q3 losses across the board and Tesla CEO Elon Musk looks to solve world hunger with the UN’s assistance. Do you even Lyft? Market analysts say that Uber is outperforming Lyft as ridesharing ramps up from pandemic lows. […]
Reviewing Rates: Saskatchewan Rate Review Panel asking for a rate reduction for Saskatchewan Auto Fund
Regina, Saskatchewan — The Saskatchewan Rate Review Panel (SRRP) is asking for a rate reduction for the Saskatchewan Auto Fund from the provincial government rather than the revenue neutral rate change that was originally proposed by SGI. SGI’s rate proposal from June recommended no change for Saskatchewan Auto Fund rates, but included an overall 1.7 […]
Sky’s the Limit: AkzoNobel unveils 2022 Color of the Year, Bright Skies
Nashville, Tennessee — AkzoNobel unveiled its 2022 Color of the Year last month: Bright Skies, a sky-blue hue designed to inspire optimism in the company’s coatings and finishes. “In 2022, Bright Skies will help us embrace new ideas and shape a new future,” said Heleen van Gent, creative director of AkzoNobel’s Global Aesthetic Centre. “The […]
Tuesday Ticker: October 26, 2021
Toronto, Ontario — This week, J.D. Power Canada director J.D. Ney says he needs more data to predict the industry’s pandemic-born trends; AkzoNobel marks upticks in its Q3 revenues and Tesla nears a personal market value record. J.D.’s justification According to J.D. Ney, director of J.D. Power Canada, the $2.6 billion hit to the automotive […]
Welcomes of the Week: CSN Koebel’s
Waterloo, Ontario — The latest facility signed to CSN Collision Centres’ roster is CSN Koebel’s, located in Waterloo, Ontario, the company announced October 12. CSN Koebel’s is owned by one of CSN’s original founders and collision industry stalwart, Rob Pavan. Managed by long-time colleague Tony Koebel, the 14,000 sq. ft. facility is in a position […]
