Tow the Line: Ontario announces new tow industry rules
Toronto, Ontario — Four sections of highways in the GTA will become restricted tow zones that allow only a single company to operate within those areas, according to new towing industry rules announced by the Ontario government Tuesday. The pilot project will run for two years initially, with the potential for one-year extensions after that […]
Tuesday Ticker: March 2, 2021
Toronto, Ontario — In this week’s Tuesday ticker, a recent report indicates a consumer switch to private transportation, even pre-pandemic; Quebec-based HGreg auto group joins the cryptocurrency frenzy and Boyd Group preps for its 2020 Q4 results call. Passengers say, ‘Ta-ta, TTC’ A new report calculates that millions of Toronto transit riders dropped their TTC […]
Build Back Better: Dave Luehr releases article on improving shop performance despite uncertainty
Toronto, Ontario – People did their best to survive the various calamities of 2020; people are now doing their best to prepare for the unexpected in 2021, but for auto industry icon Dave Luehr, just prepared isn’t good enough. In his most recent article from his Elite Bodyshop Solutions platform, Dave Luehr says this year […]
Taking in Tech: Confidence in ADAS climbs for American drivers
Heathrow, Florida — American drivers welcome advanced driver assistance system (ADAS) features like advanced braking and lane assistance, though their confidence in autonomous driving still wavers. A survey conducted by AAA in the United States showed that more than half (58 percent) of drivers want to see ADAS in their next vehicle, and 80 percent […]
Peaks and Valleys: Desrosiers report shows sales volume varies province-by-province
Toronto, Ontario – How’s your 2021 going so far? Well according to the latest report from Desrosiers Automotive Consultants Inc. (DAC), that may depend on what province you live in, as sales numbers for the light vehicle market are scattered across the board in Canada, with figures ranging drastically from province-to-province. With the experience of […]
Calling the Movers and Shakers: AIA Canada seeks Young Leader of the Year nominations
Ottawa, Ontario — The Automotive Industries Association of Canada (AIA Canada) is seeking nominations for its Young Professionals in the Aftermarket Committee’s Young Leader of the Year award. This annual award recognizes efforts of an outstanding individual under the age of 45 that excels in leadership, is involved in AIA as a volunteer, shows committment […]
Tuesday Ticker: February 23, 2020
Toronto, Ontario — In this week’s Tuesday Ticker, Magna shatters Q4 2020 Wall Street expectations, LKQ reports its fourth-quarter results and Toronto-based auto parts maker ABC Technologies makes its trading debut with a thinner-than-expected IPO. Magna makes moves Magna beat Wall Street expectations for its 2020 fourth-quarter net income, reporting a 68 percent increase to […]
CIECAst-ing Off: Upcoming CIECA webinar to tackle next-gen industry standards
Toronto, Ontario – The Collision Industry Electronic Commerce Association (CIECA) is gearing up to tackle the “Next Generation of Collision Industry Standards” at their its CIECAST webinar presentation. Currently slotted for 2 p.m. EST (1 p.m. CST) on Feb. 25, the one-hour presentation will feature speakers Paul Barry, CIECA’s executive director, Paulette Reed, CIECA’s technical […]
Through the Storm: Uni-Select reports 2020 full year financial results, says automotive aftermarket businesses fared better than refinish business
Boucherville, Québec — Uni-Select has reported its financial results for Q4 2020 and the year ended Dec. 31, 2020. According to the company, Sales for 2020 were down 15 percent, with performance largely impacted by the pandemic. Sales for 2020 Q4 were down 11.2 percent compared to the same quarter in 2019—“in line with those […]
Meeting your Match: CrashBay launches search engine to connect drivers to shops
Oakville, Ontario – Finding the right shop for your vehicle’s repairs is as important a relationship as any, and Oakville, Ontario-based company, Crash Bay, is poised to play matchmaker with the launch of their new collision centre search engine. The automotive e-commerce company first launched CrashBay in 2019, and now with the updated ability to […]