Tuesday Ticker: AutoCanada reports highest second-quarter revenue ever; Tesla confirms stock split
Toronto, Ontario — AutoCanada reports its highest second-quarter revenue ever; Tesla confirms an upcoming three-to-one stock split and PPG breaks its all-time quarterly sales record in this weekly Tuesday Ticker financial report. Ups for AutoCanada AutoCanada says it reported its highest second-quarter revenue ever, marking revenues of $1,686 million—a 32 percent increase over the same […]
Wanna Race: P.A.C.E.R. Program unveils retrofitted Dodge Dart drag racer at PaintSource
Toronto, Ontario – Toronto’s PaintSource Automotive celebrated the relaunch of the Police and Community Educating Racers (P.A.C.E.R.) Program last Sunday, where companies and local organizations gathered for a barbeque and the unveiling of a police-themed drag racing car. According to Mathew John, co-owner of Paint Source, the program aims to educate the next generation of […]
Sinking Feeling: NHTSA recalls 17 years of Ferraris for hydraulic leakage
Toronto, Ontario – A brake failure has been identified in Ferrari vehicles built since 2005, leading to over 23,000 Ferraris being recalled by the NHTSA. “These vehicles are equipped with a braking system that could potentially leak brake fluid, which may lead to partial or total loss of braking capability,” details the NHTSA recall. “Upon […]
Crash Test City: Montreal’s most collision-prone boroughs found downtown
Montreal, Quebec – Whether you speak English, French or another language, almost every driver has stories of close calls with more reckless road users. In the case of urban areas, reckless driving can quickly translate into fatalities. Unlike Toronto and Vancouver where collisions are most common at connectors to adjacent cities, collisions in Montreal generally […]
Intruder Alert: Tips to avoid cyberattacks in the age of hacking
Toronto, Ontario – Reliance on digital connectivity in the automotive industry at all levels from corporation to fleet and consumer is leaving the industry increasingly vulnerable to cyberattacks, according to an article by Tripwire. While apocalyptic claims that cyberattacks would send planes plummeting and calculators bursting into flame aren’t new, fourth-generation interconnectivity is a new […]
Crash Test City: Vancouver’s most collision-prone intersections
Vancouver, British Columbia – Crashes are a part of life, especially when you are North America’s third most congested city. These are Vancouver’s 10 most dangerous intersections excluding on-ramps, according to Insurance Corporation of British Columbia (ICBC) data between 2019 to 2021. Knight Street & Knight Street Bridge & Se Marine Drive (290 collisions) Granville […]
A Hero’s Tail: Man tracks cat lost in van crash across Northern Ont.
Gizmo the cat, presumably judging his pet humans. (Photo by Terry Hostland /Save a Stray Cat Thunder Bay) White River, Ontario — A cat that survived a van crash was rescued by a Thunder Bay man after a five-day search, and is eager to continue his plans for world domination. According to SooToday, a van […]
Imminent Advancement: Axalta, BASF and AkzoNobel reps talk ADAS compliant coatings
Toronto, Ontario – On July 28, representatives from three major automotive coating companies met at an online Collision Industry Electronic Commerce Association webinar to discuss the future of automotive coatings in the age of advanced driving assistance systems (ADAS)–effectively, radar systems that serve as the eyes of self-driving cars. For the uninitiated, these coatings are […]
Cam Check: NHTSA recalls Mercedes-Benz and Toyota vehicles for camera issues
Washington, D.C., United States – Recalls are never a fun thing, but good to know for discerning collision repairers. The NHTSA has marked certain Mercedes-Benz and Toyota vehicles for recalls due to faulty cameras. A software error has resulted in several Mercedes-Benz vehicles being recalled. Namely, the 2022 AMG EQS53, EQS580, EQS450, 2021 S500, S580, […]
Crash Test City: West Humber-Clairville tops Toronto’s most crash-prone neighbourhoods
Toronto, Ontario – To the surprise of no one who’s visited Toronto’s downtown, accidents are bound to happen when drivers congregate. Whether for work, a hockey match or the weekend rush, some of us will inevitably collide thanks to a hot-headed driver or some other mishap. While 2020 data is an outlier due to the […]
