The Motor Trades Association of Australia (MTAA) and the Australian Motor Body Repairers Association (AMBRA) have joined forces with HWLE Lawyers to address the usage of “Non-Genuine” (non-OEM) parts they say is a critical issue facing collision repair businesses across Australia. According to the associations, their first guide in a series, Using Non-Genuine Parts: Legal […]
Penske Automotive Expands into Australia
Penske Automotive Group, Inc. (NYSE: PAG), the automotive and commercial truck retailers with operations across four continents and nine countries, intends to expand its retail automotive operations into Australia by acquiring two Porsche dealerships along with a Ducati motorcycle dealership in Melbourne, Australia. The Company has signed an agreement to acquire Porsche Centre Brighton, Porsche […]
Australia’s NRMA Insurance Data Shows 34% Spike in Animal Collisions in 2023
The latest data from Australia’s NRMA Insurance has revealed a 34% spike in claims due to animal collisions in 2023 compared to 2022. The sharp increase to 12,880 claims marks the highest number of incidents since 2019, a four-year high in accidents on Australian roads. NRMA Insurance is reminding drivers to be vigilant about wildlife […]
Suncorp Group Partners with Australian Collision Industry Alliance Partnership to Boost Collision Repair Careers
Suncorp Group is the first insurance company to throw its support behind Australia’s newest repair industry advocacy body to help combat the skills shortage and ageing workforce of the motor repair industry. In a two-year sponsorship deal inked with the Australian Collision Industry Alliance (ACIA), Suncorp Group has become the first insurance partner to support […]
Australia Motor Insurance Industry Projected to Surpass $23 Billion by 2028
Premiums were up 10% in 2023 due to repair cost inflation, reinsurance costs. The Australian motor insurance industry is projected to grow at a compound annual growth rate (CAGR) of 9.9% from AUD24.1 billion ($16.7 billion) in 2024 to AUD35.1 billion ($23.9 billion) in 2028, in terms of direct written premiums (DWP), according to GlobalData, […]
Opus IVS Partners with Australia’s National Windscreens on Diagnostic and Calibration Services
Opus IVS announced an exclusive partnership with Australia’s National Windscreens Pty. Ltd. and their Advanced Driver Assistance Systems (ADAS) diagnostics and calibration division. This strategic alliance will pave the way for the development diagnostic and calibration services and solutions to automotive collision and mechanical repair facilities, windshield and windscreen repair centers, and calibration facilities across […]
J.D. Power Acquires Autovista Group
Adds European and Australian automotive data and analytics provider of vehicle valuation and repair estimate data. J.D. Power today announced a definitive agreement to acquire Autovista Group, a pan-European and Australian automotive data, analytics and industry insights provider. The acquisition complements J.D. Power’s strengths in vehicle valuation and detailed vehicle specification data and analytics while […]
Australia’s AMA Group Announces Retirements of CEO, Board Chair and Audit Committee Chair
AMA Group Limited (ASX: AMA) announced that Carl Bizon will retire as Executive Director and Chief Executive Officer at the Group’s’ Annual General Meeting on November 23. Bizon was appointed to the position in 2021. The group also announced that after nearly five years on the Board, Anthony Day has retired as Chair and Non-Executive […]
Adam Caddeo Named Regional Manager for Australasia at Hunter Engineering
Hunter Engineering announced Adam Caddeo as its new regional manager for parts of Europe and Australasia. Caddeo started with Hunter on July 1, following the retirement of Paolo Molinari. Caddeo’s responsibilities will include Australia, Tasmania, New Zealand, Papua New Guinea, Spain, Portugal, Holland, Denmark and Iceland. Caddeo assumes his new position with considerable knowledge of […]
Repairify Partners with Capricorn on ADAS Joint Venture in Australia and New Zealand
Repairify Australia Holdings Pty Ltd and Capricorn Society Limited announced today they have entered into a joint venture agreement that will deliver remote automotive repair solutions to repairers across Australia and New Zealand. Repairify and Capricorn have equal ownership of the joint venture, which will be branded as Repairify and distributed across Australia and New […]
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