Tuesday Ticker: Tesla advises ‘notably lower’ growth rate in 2024; Stellantis struggles in North America
Toronto, Ontario — In this weekly Tuesday Ticker, Tesla shares take a hit as CEO Elon Musk advises “notably lower” growth in 2024 compared to what was experienced in 2023. Plus, Stellantis struggles to gain its foothold in the North American market. The Tesla tumble Shares of Tesla dropped 11 percent last Wednesday as the […]
Hello to Heise: Color Compass announces Darrin Heise as new General Sales Manager for Eastern Canada
London, Ontario – Color Compass has announced the appointment of Darrin Heise as the new General Sales Manager for Eastern Canada, effective Aug. 1, 2024. Heise will report directly to Jamie Corbeil, Vice President of Color Compass. Heise brings 16 years of extensive experience within the Color Compass organization, where he has been instrumental in […]
Inheriting Car Culture: Hagerty’s ‘Future of Driving’ survey reveals Gen Z are America’s next generation of car enthusiasts
Toronto, Ontario — Gen Z expresses a greater interest in car culture than Baby Boomers, according to a Hagerty Insurance 2024 survey. Specifically, the “Future of Driving” survey—which polled more than 2,000 Americans about the role that cars play in their life—noted that Gen Z expressed significant interest in vehicles at 60 percent, compared to […]
WorldSkills Prep: Team Canada autobody repair competitor trains with Color Compass
Winnipeg, Manitoba — Team Canada’s WorldSkills Lyon 2024 autobody competitor, James Bartel, is busy training for the international competition, which is just over a month away. Justin Zelinski from Color Compass conducted a training session for Bartel at the Manitoba Public Insurance (MPI) training centre last week. According to WorldSkills expert Bill Speed, Bartel will […]
Glue Pull Goals: KECO Body Repair Products celebrates collaboration with SkillsUSA to bring GPR to future competitions
Toronto, Ontario — KECO Body Repair’s Glue Pull Repair (GPR) technology will be used in SkillsUSA Automotive Refinishing Technology competitions via a contribution announced by KECO last week. According to a recent press release, KECO’s journey with SkillsUSA began in 2020, driven by “a vision to incorporate GPR into the national competition. This vision took a […]
EV/AV Report: Cybertruck’s steer-by-wire system exempt by Transport Canada; Cruise puts production of self-driving vehicle without steering wheel on hold
Toronto, Ontario — In this weekly electric and autonomous vehicle report, Tesla’s Cybertruck receives a temporary exemption from Transport Canada for its steer-by-wire driving system; while General Motors’ Cruise announces that it will be putting the production of a self-driving vehicle without a steering wheel on hold. Wired workarounds Tesla has announced that its electric […]
A Catastrophic Calendar: IBC reports insured losses from Nova Scotia’s 2023 wildfires and flooding now approaching half a billion dollars
Halifax, Nova Scotia — The Insurance Bureau of Canada (IBC) has released a “One-Year Update Following 2023 Nova Scotia Wildfires and Flooding” report that details that insured losses in the province are now approaching half a billion dollars. The report specifically highlights the aftermath of two storms that affected the province in the late spring […]
Can You Believe This?! Cars show their teeth; celebrate Independence Day and more
Toronto, Ontario — Friday again, and with it another Can You Believe This?! video set to make your summer a little bit brighter. In this video, tune in to see vehicle modded makeovers, cars crashed for Independence Day and so much more. The post Can You Believe This?! Cars show their teeth; celebrate Independence Day and […]
September Startups: B.C. skills program offering $3,500 to upskill trades workers entering September training in EV repair, more
Victoria, British Columbia — British Columbia’s Stronger B.C. Future Skills grant program—which first launched in 2023—is once again accepting grant applications for up to $3,500 in funds to help cover tuition costs or short-term training programs at public post-secondary institutions. On Wednesday, the Ministry of Post-Secondary Education and Future Skills specifically noted in a public […]
Estimation Station: AkzoNobel hosts Acoat Estimating, Consistency, Documenting Damage course
Etobicoke, Ontario — AkzoNobel hosted a class of 15 students for an Acoat Estimating, Consistency and Documenting Damage course on Wednesday. The course, designed to review and refine estimator skills relative to collision repair estimating, was held at AkzoNobel’s Ontario headquarters and training centre and led by Aaron Hebb, AkzoNobel service consultant. Participants were presented […]
