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Tuesday Ticker: February 16, 2021

Toronto, Ontario ⁠— In this week’s Tuesday Ticker, Toyota continues its record-breaking results for 2020, Uber reports losses offset by food deliveries and Elon Musk’s brother and Tesla board member gives up a portion of his Tesla shares. Toyota at the top Toyota has reported that its quarterly operating profit rose to 987.9 billion yen […]

Tuesday Ticker: February 9, 2021

Toronto, Ontario ⁠— Microchip shortages continue to plague Canadian plants with temporary shutdowns, DesRosiers reports Canada’s Jan. 2021 auto sales and Hyundai changes its stance on the rumoured Apple car partnership. Microchip mishaps General Motors is the latest automaker to initiate temporary layoffs at a Canadian plant alongside microchip shortages  General Motors said its CAMI […]

CCIF Conversations: Donald Cooper’s ‘exit strategy’

Toronto, Ontario — If you need help planning a clear succession plan and exit strategy for your business, Donald Cooper is the man you need.  CCIF held its second virtual event on Feb. 3 and 4, 2021 and saw representatives from all sectors of industry present throughout the two-day event.  Cooper held his presentation on […]

Tuesday Ticker: January 26, 2021

Toronto, Ontario ⁠— In this week’s Tuesday Ticker, PPG pummels its 2019 Q4 numbers, Fiat Chrysler and PSA make a final handshake and Axalta preps to unveil its full-year results for 2020. PPG powers through PPG has fourth quarter 2020 net sales of approximately US$3.8 billion, more than two percent higher versus the prior year. […]

Go for Growth: Lift Auto Group raises capital for company expansion

Kelowna, British Columbia — Lift Auto Group is pleased to announce it has raised an additional growth capital in support of expansion and new acquisition strategy for the foreseeable future.  Lift Auto, a consolidator of Canadian collision repair centres, currently has 12 collision centres across British Columbia, Alberta, and Saskatchewan–11 of which are CSN Collision […]

Tuesday Ticker: January 5, 2021 

Toronto, Ontario ⁠— In this week’s Tuesday Ticker, Magna’s new CEO takes charge, PSA shareholders announce an overwhelming ‘ye’, DesRosiers preps to unveil new data and Volkswagen initiates the first phase of its Takata recalls. Moves at Magna Alongside the ringing of the new year, Magna International officially welcomed Swamy Kotagiri as the company’s new […]

Leap of Faith: Toronto start-up AutoLeap receives $8 million in funding

Toronto, Ontario — The round was led by Threshold Ventures, with participation from Maple VC, Global Founders Capital, Codename Ventures, and former NFL and San Francisco 49ers legend Joe Montana, through his venture capital firm Liquid2 Ventures. “Replacing software is a root canal and a half for a small business owner,” said Autoleap co-founder, Rameez […]

Tuesday Ticker: July 14, 2020

Toronto, Ontario ⁠— EV stocks continue to surge in this week’s Tuesday Ticker, as electric automaker Fisker goes public post-merger, while batteries get boosted after Audi’s CEO taunts Telsa’s battery-range reign and Honda launches a new tech partnership. Fisker fuel American Electric car maker Fisker will go public through a merger with a “blank check […]

Top notch tips!

By CRM staff Toronto, Ontario — January 22, 2019 — It’s always beneficial to know more in order to better your business practice. With that being said Collision Repair has put together five simple tricks and tips to follow, that will be sure to kick your business in high gear. 1. Advertise your Service Guarantees  If […]

What to expect in 2019

By CRM staff Toronto, Ontario — January 1, 2019 — It’s a new year and a new start. Collision Repair spent time looking back on 2018, but what about looking forward? What should we have to look forward to in terms of the business outlook for collision repairers? As a result, we have provided some […]

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