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May new-car sales down 44%, with some hope for recovery: DesRosiers
June 3, 2020 by Allan Janssen

In a poetic assessment of new light vehicle sales in Canada, analysts at DesRosiers Automotive Consultants said the year-over-year decline of 44% was enough of an improvement over April’s dismal returns that it evokes “a touch of cautious optimism as

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APC files for protection, enters restructuring agreement
June 3, 2020 by Allan Janssen

APC Automotive Technologies has entered into a comprehensive restructuring support agreement (RSA) with its creditors. The agreement, which has broad support from equity holders as well as the company’s asset-based lenders, term loan lenders, and significant financial sponsors, provides for

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Index confirms sharp manufacturing downturn in May
June 3, 2020 by Allan Janssen

  PMI at second-lowest level since survey began in October 2010 Rate of decline in manufacturing output eases from April’s survey record Steep drop in employment reported during May May data were collected 12-22 May 2020. Canadian manufacturers signalled another

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FMSI acknowledges PPE donation from SpiderTech, sister company of NRS Brakes
June 2, 2020 by Allan Janssen

The Friction Materials Standards Institute (FMSI) is being supplied with protective masks during the current coronavirus pandemic by one of its member companies. Frank Oliveto, president of the Michigan-based institute, has released a statement acknowledging the donation of personal protection

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Uni-Select Canada joins the Aftermarket Auto Parts Alliance
June 2, 2020 by Allan Janssen

Uni-Select Inc. announced today that, effective June 1st 2020, Uni-Select Canada Inc. has joined the Aftermarket Auto Parts Alliance, a global network of independent automotive warehouse distributors, forming the largest Canadian group in this sector. “We are glad to join

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Commentary: Training is no longer an option
June 2, 2020 by Allan Janssen

Offering your employees training and career development is a cost of doing business in the modern world.

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People & Places: Corporate moves in May 2020
June 2, 2020 by Allan Janssen

We recap some of the personnel announcements we heard about this past month.

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Perfect Stop kicks off powersports sweepstakes
June 2, 2020 by Allan Janssen

Perfect Stop has launched its yearly powersports vehicles giveaway, with prizes for 150 lucky winners from the U.S. and Canada. Six grand prize winners will take home a powersports vehicle of their choice worth up to $15,000. Perfect Stop is

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Uni-Select doubles available liquidity with new credit arrangement
June 1, 2020 by Allan Janssen

Uni-Select Inc. has announced that it has successfully secured new credit facilities, providing access to additional liquidity on more flexible financial terms and conditions. The new US$565 million secured credit facilities, which will mature on June 30, 2023, consist of

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Supply chain most optimistic about early end to pandemic pain
June 1, 2020 by Allan Janssen

Further analysis into the Automotive Industries Association of Canada’s business confidence survey suggests the supply chain is most optimism about an early recovery in 2020. Some 63% of supply chain respondents in the AIA’s recent Business Operations Survey said they

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ASW Conversations: Derek Suen on attracting talent to our industry
June 1, 2020 by Allan Janssen

Auto Service World · 011 Derek Suen on attracting new talent to the industry   Derek Suen, manager of new product development at Dorman Products in Canada, has been named the Young Leader of the Year by the AIA’s Young

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Kenny Gross to head special markets for Mevotech
May 29, 2020 by Allan Janssen

Kenny Gross has been named sales director, special markets for chassis component manufacturer Mevotech. He will report directly to Todd Hack, executive vice president, sales and marketing. “Kenny joined Mevotech just over a year ago, and since that time, he