Meet and Greet: Mouvement Carrossiers Quebec event to feature presentation on industry financial loss
Berthierville, Quebec — Those looking for advice on legal recourse will be interested in the Mouvement Carrossiers Quebec (MCQ) event this weekend. This Saturday at 10 a.m., M. Estelle Savoie-Dufresne, a lawyer dedicated to consumer class actions, will deliver a presentation on factors causing financial loss—specifically in the areas of insurance relations and management of […]
Prairie Upgrades: Saskatchewan leads new light vehicle sales for August, says DesRosiers
Ottawa, Ontario — The province may be famous for its flatness, but Saskatchewan led the way in terms of new Canadian vehicle sales this past August, according to recent stats from DesRosiers Automotive Consultants (DAC). While the majority of provinces posted new light vehicle sales decreases in August 2022, the prairie province recorded an estimated 3.5 […]
Gettin’ Down in V-town: CCIF Vancouver less than two weeks out, workshop space limited
Vancouver, British Columbia — We’re only two weeks out from the start of CCIF Vancouver and the time to buy your tickets is quickly running out, so be sure to register soon to secure your spot at this year’s show, which is set to run from Oct. 6 to 7 at the Sheraton Vancouver Airport […]
A Troublesome Trend: Calgary’s July 2021 hail storm damage more than double initial estimates, IBC says
Edmonton, Alberta — As we close the book on yet another eventful summer, the Insurance Bureau of Canada (IBC) has opened theirs, tallying up the damage from several severe weather events that hit Western Canada over the past months. Canada’s western half is dealing with more than $300 million in insured damage following several thunderstorm […]
Tom’s Talk: Tom Bissonnette to be featured on ‘Lessons I’ve Learned’ business panel
Saskatoon, Saskatchewan — Avid readers of Tom Bissonnette’s regular Collision Repair columns will be interested to know that the director of the Saskatchewan Association of Automotive Repairers (SAAR) and former owner of Saskatoon’s Parr Auto Body will be part of a panel presented by KPMG Canada, slated for Oct. 4. “Lessons I’ve Learned” is an […]
Tuesday Ticker: Volkswagen to source battery materials from Canada; Rivian cancels R1T Explore model
Toronto, Ontario — In this week’s automotive economics news: Volkswagen makes plans on an agreement to source nickel, cobalt and other raw materials from Canadian soil; Ford announces plans to cut 3,000 employees and Rivian cancels the entry-level version of its R1T truck. Volkswagen goes metal Volkswagen has sealed an agreement with Canada that will […]
Head Above Water: 1 in 6 small business owners considering closure, says CFIB
Ottawa, Ontario — One in six small business owners are considering going out of business, according to a report from the Canadian Federation of Independent Business (CFIB). The CFIB’s report, released last Thursday, says official small business bankruptcy numbers have been “steadily increasing since the beginning of the year and are currently at a two-year […]
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. […]
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 […]
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 […]
