Tuesday Ticker: Kia Canada sets historic annual sales record in 2024; while Hertz offers renters the opportunity to buy electric vehicles at reduced prices
Toronto, Ontario – In this weekly Tuesday Ticker, we look at some of the first highs and lows of the automotive industry, with Kia Canada reporting historic annual sales records for the end of 2024; while Hertz begins offering renters the opportunity to instead buy its stock of electric vehicles as it continues to downsize. […]
Revised Restrictions: Alberta introduces new insurance licence for dealership programs
Edmonton, Alberta — On December 19, 2024, the Office of the Alberta Superintendent of Insurance published a revised version of the Superintendent’s Revised Bulletin (tbf-superintendent-of-insurance-2024-05-bulletin) which outlines how certain products sold by auto dealership and equipment dealers must be underwritten by licensed insurers and sold under a Restricted Certificate of Authority. Specifically, as noted in […]
Colour Considerations: White remains most popular and safest car colour, says new report from Kelley Blue Book
Toronto, Ontario — White tops the charts in terms of the most popular–and safest–car colour, according to a recent report from Kelley Blue Book exploring the most popular car colours in 2024. White is closely followed by black and grey coatings, respectively, in terms of popularity. However, the overall car-buying market tends to stick to […]
High-Voltage Handling: Ford releases repair updates on the Mustang Mach-E SUV in latest On Target newsletter
Toronto, Ontario – In the final 2024 volume of Ford’s On Target newsletter, the automaker details tips on repairing the Mustang Mach-E SUV, including ways to safely work with the high-voltage systems. Some notable safety tips highlighted in the newsletter include always assuming the vehicle’s high-voltage system is powered up. Here, the high-voltage cables and […]
EV/AV Report: Alberta introduces EV registration fees; while a Waymo robotaxi collides with a delivery robot
Toronto, Ontario — In this weekly electric and autonomous vehicle report, the province of Alberta has officially passed legislation that will require–once officially signed into law–a registration fee for electric vehicle (EV) drivers; while a recent video circulating social media shows a Waymo robotaxi colliding with a delivery robot in a robot-on-robot mix-up. Provincial price-ups […]
Regional Readiness: Simplicity Car Care holds regional training session in Laval, Quebec
Laval, Quebec — One week ago, Simplicity Car Care held its regional training session in Laval, Quebec, where franchisees from across the province met to strengthen operational procedures and customer service capabilities for the new year. The event was hosted at Simplicity Car Care Laval, where approximately 14 attendees engaged in workshops, presentations and hands-on […]
Driving Disputes: MPI counters study claiming Manitoba recorded 85 percent more driving injuries than national average
Winnipeg, Manitoba – Manitoba Public Insurance (MPI) has reportedly countered the findings of a study shared by Preszler Injury Lawyers that originally stated that Manitoba recorded 85.4 percent more driving injuries than the national average. Using data from Transport Canada’s National Collision Databases, the study originally attributed the record number of injuries in the province […]
Fraudulent Findings: MPI reports top five instances of attempted auto fraud in 2024
Winnipeg, Manitoba — Manitoba Public Insurance (MPI) has once again released its top five instances of automotive fraud in 2024, highlighting driver’s creative and often outrageous attempts at gaming the system. In the recently released report, the public insurance provider indicates that the Special Investigations Unit (SIU) saved Manitoba ratepayers $15 million in attempted auto […]
Focus Advisors Predict the Future: David Roberts, founder and managing director, delivers market insights for 2025
Toronto, Ontario — Founder and Managing Director of Focus Advisors Automotive M&A David Roberts presented a collision industry market update at the MSO Symposium in November, emphasizing the growth of U.S. and Canadian collision consolidators in 2024. The presentation, titled “Scale and its Rewards: Industry Landscape and Market Dynamics,” was delivered to more than 400 […]
Reporting Rises: Ontario collision reporting threshold increases from $2,000 to $5,000
Ottawa, Ontario – The Ontario government has announced that as of January 1, the province’s collision reporting threshold has been increased from $2,000 to $5,000. In a recent report highlighting the regulations and statutes in force for the new year, the government indicates that the motion is specifically intended to “help reduce the administrative burden […]
