Australia’s AMA Group Limited (ASX:AMA) announced the completion of the previously announced acquisition of Capital Smart Repairs Australia Pty Ltd (Capital SMART). Under the sale terms AMA owns 90% of Capital SMART, with Suncorp Insurance Ventures Pty Ltd (Suncorp) retaining a 10% holding in Capital S.M.A.R.T. The acquisition includes a long-term strategic service agreement of […]
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 […]
Tradiebot and Motor Trades Association of South Australia Announced Innovation Hub
The Motor Trade Association of South Australia (MTA), in partnership with Tradiebot Industries, has announced the launch of an Automotive Innovation Hub. The Hub will be based at the MTA’s Training and Employment Centre at Royal Park and will focus on delivering automotive skills through new training programs and will be the space for the […]
Australia’s Suncorp Reported Considering Sale of ACM Parts and Capital SMART
According to an article in the Australia Financial Review, Australia insurer Suncorp Group is considering a sale of its automotive parts supplier business, ACM Parts. According to the article, the insurer and financial services company has hired Deloitte Corporate Finance to oversee a strategic review for the division that may led to a sale of all […]
Australia’s Largest Insurer Acquires Majority Stake in Digital Car Subscription Platform
Insurance Australia Group Limited (IAG), Australia’s largest general insurer, has acquired a majority stake in digital car subscription and trading platform Carbar. Carbar, established in 2016, is Australia’s first car subscription platform and caters to growing customer appetite for alternative forms of vehicle ownership. According to its website, it offers car subscription starting at AU$109 […]
NSF Discontinues Collision Repair Parts and Business Certification Programs
NSF International announced it will discontinue its automotive certification programs in September. NSF International yesterday announced it will discontinue its Automotive Parts Certification program and affiliated automotive certification and registration programs, effective September 30, 2019. Certified parts manufactured on or before that date will be considered “NSF certified” for the lifetime of the part. A […]
Solera Subsidiary Acquires Australia Based AutoMate Training
Autodata Publishing Group Limited, a Solera Holdings, Inc. group company announced the acquisition of AutoMate Training Pty. Ltd. the provider of online technical training and professional development platforms. Founded and based in Sydney, Australia, AutoMate has expanded from a fledgling start-up to become a globally player, offering automotive eLearning to thousands of automotive professionals and […]
Tradiebot Industries Announces Collaboration on 3D Scanning Technology
Tradiebot Industries and Shanghai Digital Manufacturing (SHDM) today launched a collaborative project directed at developing 3D scanning technologies. Australia-based Tradiebot is developing robotic 3D printing technology it hopes will have applications in the collision repair industry. In March, its Repairbot project 3D printed a replacement bracket onto a headlight assembly. The collaboration announced today will […]
Tradiebot Industries Demonstrates Augmented Reality Application for Training, Service and Repairs
Australia-based Tradiebot Industries officially launched its augmented reality (AR) software application WorxAR at the AAAA / Collision Repair Expo in Melbourne, Australia held April 4-6. The application allows the latest release information to be delivered to users at the touch of their fingertips via smart devices such as phones and tablets. AR technology is currently […]
Scott Holden Named Regional Head of Sales at Fix Auto Australia
Fix Auto Australia announced the appointment of Scott Holden to the role of Regional Head of Sales, effective immediately. Holden brings to Fix Auto over thirty years’ experience in the automotive industry. Having started his career in paint and consumables sales, he moved on to manage his family’s body shop for almost twenty years, prior […]