The Department of Finance Canada announced the CRA Standard Rate automobile income tax deduction limits and expense benefit rates that will apply in 2021, but with one proposed shift to address COVID-19 impact. Most of the limits and rates that applied in...
The AIA High Fives for Kids Foundation Recognition Awards are given out to a member company and AIA Canada Division that demonstrated an exceptional commitment to fulfilling the Foundation’s mission of bringing positive change and improvements to the quality of life...
Miami-based NPW Companies is pleased to announce it has acquired Denver-based Engine & Performance Warehouse, Inc. Nearly 50 years old, EPWI is the largest U.S. engine parts specialty warehouse distribution company. The two companies signed the deal on Dec. 4. NPW...
The Virtual AAPEX Experience aftermarket event delivered more than 4,000 buyers to exhibiting companies while provided training, insights and connections to prepare shop owners, service advisors and technicians for the road ahead. The experience included weekly...
Aftermarket businesses in Canada continue to bounce back from the effects of the pandemic-driven economic shutdowns, but still concerns over future effects of the pandemic persist, says the latest COVID-19 aftermarket business survey by the Automotive Industries...
Advance Auto Parts, Inc., a leading automotive aftermarket parts provider in North America--and parent company of Carquest Canada and Worldpac, announced its financial results for the third quarter ended October 3, 2020. Business Highlights (a) Q3 2020 Highlights...
If there is anything that has come to the forefront of business and our personal life in recent months (beyond our physical health), it has been the rapid adoption of online tools and technologies. Even though they have been with us for years, for most of us they were...
Genuine Parts Company announced its results for the third quarter and nine months ended September 30, 2020, reporting a 6% increase in its Automotive Group sales for the quarter. This increase for the Automotive segment was largely driven by Europe and...
In the AIA Canada's “Outlook 2020: A Resilient Industry,” authors highlight e-commerce growth as one of the largest shifts in the aftermarket through the pandemic. The Automotive Industries Association of Canada, working with Ernst & Young LLC, provides latest...