Tuesday Ticker: Fisker delisted from NYSE; Port of Baltimore closures threaten parts supply
Toronto, Ontario — In this weekly Tuesday Ticker, Fisker is delisted from the New York Stock Exchange and makes some bold reactionary measures, including price cuts of up to 39 percent; plus, the Port of Baltimore closure following the Francis Key Scott Bridge closure threatens to wreak havoc on the parts supply chain. Fisker faces rough […]
Upscaling Service Standards: AARO to host service advisor training course at Fix Training Centre in Milton, Ontario
Milton, Ontario — The Automotive Aftermarket Retailers of Ontario (AARO) is conducting a two-day Level 1 training course for repair service advisors. The training session will take place from April 9th to 10th from 8:00 a.m. to 4:00 p.m. EST, and will be held at the Fix Training Center at 8400 Lawson Rd. Unit 1, […]
Paying It Forward: Darryl and Brian Hemstreet, owners of CARSTAR Red Deer donate $5,000 to local autobody program
Red Deer, Alberta — Darryl and Brian Hemstreet, owners of CARSTAR Red Deer and CARSTAR Red Deer South recently purchased a $5,000 grant for the Lindsay Thurber Autobody Program in the Red Deer community. The funding was specifically provided through the Grants Microgrant program. This program caters to evolving community organizations and aids organizations in […]
The Spanesi Shuffle: Tim Morgan to retire as COO of Spanesi Americas; Alex Stapleton and Jeramy Holloway move to expanded roles
Illinois, United States — Tim Morgan, the chief operating officer of Spanesi Americas, has announced his retirement, effective April 1, 2024. Spanesi Americas announced Thursday that Alex Stapleton and Jeramy Holloway will take reins as director of North American sales and marketing and director of aftersales, respectively. “These appointments are part of Spanesi’s effort to […]
EVs and Used Parts Reselling: David Giles discusses auto recycler EV profitability during OARA presentation
Toronto, Ontario — Automotive recyclers everywhere are wondering how they may sell electric vehicle (EV) parts as the zero-emissions vehicle parc grows–but they should fear not, as there are huge opportunities for recyclers willing to gain knowledge and take on the electric challenge. That’s the sentiment EV consultant David Giles left the audience with last weekend […]
Ontario Opt-Outs: New auto insurance rules in Ontario could allow drivers more opt-out options
Toronto, Ontario — Ontario is preparing to reform auto insurance in the province to reduce costs for drivers by making more features optional. New auto insurance rules outlined in the 2024 budget report delivered on Tuesday by Finance Minister Peter Bethlenfalvy list that while medical, rehabilitation and attendant car benefits will continue to be mandatory […]
Dance the Dents Out: Collision repair centre uses interpretive dance to reduce cycle time, touch time
Tickle, Newfoundland and Labrador — A Maritime collision repair centre is employing the power of dance to reduce cycle times, their manager tells Collision Repair mag. Oscar “On Beat” Owens, who is a professional interpretative dancer and coach in his spare time, says he “took a whim” when introducing the new operational practice to the […]
EV/AV Report: Electric vehicles get worn down; while Tesla offers free FSD trials
Toronto, Ontario — Toronto, Ontario — In this weekly electric and autonomous vehicle report, a J.D. Power survey reveals that electric vehicle (EV) drivers are uninformed about the reality of tire wear; while Tesla offers Full Self Driving (FSD) features to United States consumers in a free trial. Expectations wearing thin According to a J.D. […]
An Expanded Hue-rizon: Color Compass Corporation opens new location in Ontario
Oshawa, Ontario — Color Compass Corporation has announced the opening of its newest location in Oshawa, Ontario. According to a recent press release, “this expansion marks a significant milestone for the company as it solidifies its commitment to serving customers in the Greater Toronto Area and beyond.” The new facility is located at 1155 Boundary […]
Powering Down: Hyundai, Kia recall 20,000 EVs in Canada over power loss risk
Toronto, Ontario — Hyundai, Kia and Genesis are recalling 26,188 electric vehicles (EVs) in Canada due to a defect which could lead to a potential power loss. The recall was issued due to the risk of a potentially damaged Integrated Charging Control Unit (ICCU) in some models which could stop charging the vehicle’s 12V battery. […]
