Copart, Inc. (NASDAQ:CPRT) announced a new agreement between its subsidiary, Copart Muscat Auctions LLC, and Al Ahlia Insurance Co. SAOC, one of the largest insurance companies in the Sultanate of Oman and a part of the global RSA network. Both companies will work together to streamline the motor accident salvage sales process through operational efficiency […]
ASA, ASE Promoting National Car Care Month
The Automotive Service Association (ASA) is celebrating April as National Car Care Month by supporting the national “Be Car Care Aware” public service campaign by the Car Care Council. The month-long campaign is a national effort by industry-leading organizations to draw attention to the importance of having consumers get their vehicles professionally checked and serviced […]
Fenix Parts Files Third Quarter 2016 Earnings Late, Will Evaluate Strategic Alternatives
Late filing leads to default under credit facility, hires firm to evaluate strategic alternatives Fenix Parts, Inc. (NASDAQ:FENX) announced third quarter 2016 results on March 28. Consolidated net revenues of Fenix Parts were $32.5 million for the third quarter of 2016, compared to $34.2 million in the second quarter of 2016, and $32.2 million on […]
Michigan Senate Bill Reintroduced to Eliminate Insurance Company Collision Repair Part Process Mandates
Bill seeks to prohibit auto insurers from requiring a specific vendor for parts or materials procurement. Michigan Senate Bill 291 (SB 291), introduced yesterday by Senator Joe Hune, seeks to prohibit an insurer from directly, or indirectly requiring an automobile repair facility to use a specific vendor or process to procure parts or materials. Hune, […]
Australia NSW Government Launches New Mandatory Smash Repair Code of Conduct
Australia’s New South Wales (NSW) Government announced today the implementation of a new mandatory Code of Conduct, signed off by the motor vehicle insurance and repair industry. NSW Deputy Premier and Minister for Small Business, John Barilaro, said the Code would lift industry standards by helping to reduce disputes between insurers and repairers and lead […]
Volkswagen Launches New Mechanical Parts Program Using OEConnection
OEConnection LLC (OEC) announced that Volkswagen of America, Inc. (VW) has expanded the use of RepairLink, a web-based, all makes and models parts ordering and fulfillment solution, for their network of U.S. dealers and independent repair facility customers. The newly created VW parts marketing program, Genuine Advantage, allows VW dealers to offer mechanical parts at […]
Service King Adds Two Collision Repair Centers in Rochester, NY
Service King Collision Repair Centers announced the acquisition of Gates Automotive in Rochester, New York. As part of the deal, operations of two collision repair facilities, located at 73 Marway Circle in Rochester and 50 Thruway Park Drive in Henrietta, officially transitioned to Service King. “This is an exciting step forward in Service King’s steady […]
Chief University Introduces Joining Technologies Class for Collision Repair Estimators, Appraisers
New class covers welding, brazing, riveting, weld bonding and more Chief University announced a new, hands-on collision repair class focused on joining technologies. The one-day Chief University Joining Technologies class is designed to provide estimators and appraisers a thorough understanding of the current welding, riveting and adhesive bonding and removal technologies being used in today’s […]
Connecticut Trims $40,000 in Processing Costs with Paperless Adjuster Renewals
Connecticut Insurance Commissioner Katharine L. Wade announced that licensing renewal notices for casualty adjusters and motor vehicle property damage appraisers are now done online, saving nearly $40,000 in processing and mailing costs. “We are pleased to offer another efficient service for the industry professionals licensed by the Department,” Commissioner Wade said. “The Department is now […]
Fix Auto UK Signs New Contract with Co-op Insurance
Fix Auto UK announced that it has signed a new contract with Co-op Insurance, in a move that will see the network more than double the number of its collision repair centers who do work for the insurer. The new contract expands upon the service Fix Auto has been delivering via its South-West England body […]
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