LKQ Corporation (NASDAQ:LKQ) announced it has merged its subsidiary Auto Kelly Bulgaria EOOD with Elit Kar OOD. LKQ now owns a 20% equity interest in the combined business, which will continue to operate under both the Elit Car Group and Auto Kelly brand names. In addition, the combined business will acquire parts from LKQ’s aftermarket […]
AMI Announces 2019-2020 Board of Trustee Changes
The Automotive Management Institute (AMi) announced the addition of three new members to the AMi Board of Trustees: Michael Brewster, AAM, Gil’s Garage, Inc., Burnt Hills, N.Y, Jim Silverman, Automotive Training Institute, Linthicum, Md. and Mary Steele, ASA Florida, Punta Gorda, Fla. The Board provides leadership for carrying out the Institute’s mission to identify, provide […]
Nissan Teaches Robots to Make Replacement Sheet Metal Parts
According to the vehicle manufacturer it could make parts for discontinued models more widely available. Nissan announced has developed a new way to use robots to make car parts out of sheet steel, a breakthrough that could make replacement parts for discontinued models more widely available for customers. Nissan hopes to commercialize the proprietary technique, […]
Australia’s AMA Group to Acquire Capital SMART Collision Repair Business and ACM Parts from Insurer Suncorp
Insurer will retain 10 percent interest in Capital SMART and enters into long-term supply agreement. The AMA Group Limited (ASX:AMA) today announced an agreement with Suncorp Insurance Ventures Pty Ltd (Suncorp) to acquire 90 percent of Capital SMART Repairs Australia Pty Ltd in a transaction valuing the company at AUD$420 million ($280.3 million). AMA will […]
Boyd Group Adds Collision Repair Center in Illinois
The Boyd Group Inc. today announced the opening of a Gerber Collision & Glass collision repair center in East Peoria, Ill. The location previously operated as a collision repair facility and had been closed for more than a year. East Peoria is located across the Illinois River from Peoria, the eighth-largest city in Illinois and […]
Fix Network Canada Acquires Carrossier ProColor Network from Uni-Select
The Fix Network and Uni-Select Inc. (TSE:UNS) announced an agreement for the Fix Network in Canada acquire Uni-Select’s Carrossier ProColor business. The transaction closed yesterday. “The addition of ProColor will see our network grow to over 450 collision repair facilities across the country; making us the largest collision repair services provider in the Canadian market,” […]
BASF Seeks to Strengthen Refinish Business with Acquisition of Belgian Internet Accident Management Service and Vehicle Lifecycle Management Platform
BASF announced September 30 that it acquired a majority share of the internet platform UBench with offices in Turnhout and Geel, Belgium. Both companies have agreed not to disclose financial details of the transaction. The transaction includes UBench International NV, CarRoll BVBA and DLight BVBA. Regulatory approvals are not required. BASF says the transaction strengthens […]
Enterprise Rebrands ARMS Business Solutions as Entegral
Enterprise Holdings today launched Entegral, the new name for its as ARMS Business Solutions (ABS) integrated software solution that streamlines the post-accident process. “The insurance claims process is complex, and with Entegral, our goal is to connect everyone involved so they can work quickly and efficiently to make things easier for customers,” said Joe Rector, […]
Collision Repair Facilities Report Widespread Impact on Parts Supply from General Motors Strike
More than 80 percent of respondents report part supply issues on GM vehicles attributed to UAW strike. Collision repair facility operators across the U.S. are reporting they have experienced parts delivery delays on General Motors vehicles that have been attributed to the ongoing strike between the manufacturer and the UAW that began on September 16. […]
Collision Works Acquires Eight Collision Repair Centers in Oklahoma and Kansas
Collision Works has acquired Auto Craft Collision Repair’s eight locations including facilities in Wichita, Andover and Junction City, Kan., and Tulsa, Okla. With the newly acquired locations, Collision Works now operates 30 locations across Oklahoma and Kansas. “With more than 30 years of service, Auto Craft Collision Repair has long been the market leader in […]
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