Suncorp Group announced it has acquired full ownership of the ACM Parts joint venture after purchasing that stake owned by LKQ Corporation (NASDAQ:LKQ), Suncorp’s partner in the joint venture. Originally announced in August 2013, the ACM Parts joint venture brought together the US-based non-OEM and recycled parts supplier with Australia’s largest insurer to establish an […]
BMW and I-CAR Sign Collision Repair Training Agreement
Mark Czvitkovits, chief executive officer of I-CAR Australia, announced that I-CAR has been engaged by BMW to oversee their Collision Repair Training program incorporating Body Level 2, Body Level 3, Fundamentals of Steel and Fundamentals of Aluminum. Czvitkovits said, “As a leading vehicle manufacturer, BMW has continued to develop and implement a range of emerging […]
I-CAR Names New Training Program Coordinator
Mark Czvitkovits, I-CAR Australia CEO, announced the appointment of Gary Wood as Training Program Coordinator for Gold Class and Industry Training Alliance programs across Australia. Czvitkovits said, “Gary Wood has joined I-CAR’s staff and will operate from the office in Thomastown, Victoria. Gary has extensive experience at both the repair level and education level of […]
Jonathan Rubinsztein appointed as CEO of Infomedia
The Board of Infomedia, the the Australia-based provider of online parts selling systems, announced the appointment of Jonathan Rubinsztein as Chief Executive Officer, effective March 14. Rubinsztein joins Infomedia from UXC Ltd where he has been the CEO of Red Rock Consulting for over six years. In August, Andrew Pattinson resigned as CEO of Infomedia […]
BASF and AMA Group Announce 10 Year Supply Agreement
BASF (OTCMKTS:BASFY) has signed a ten-year partnership with the Australia and New Zealand bodyshop network AMA Group (ASX:AMA). Through this partnership, BASF will supply waterborne refinishing solutions from its premium automotive refinish paint brand Glasurit to AMA’s network in Australia and New Zealand of over 70 bodyshops. Chris Titmarsh, Vice President, Regional Business Management, Automotive Refinish […]
Australia – MTAA and AMBRA Call For Senate Inquiry into Insurer Role in Body Repair Industry
The Motor Trades Association of Australia (MTAA) and the Australian Motor Body Repairs Association (AMBRA) have launched a petition through the new AMBRA website calling for a Senate Inquiry into the role of Insurers in the Motor Body Repair Industry. The petition was actioned following a recent AMBRA meeting where growing nationwide concerns were raised […]
Australia – AMA Group Acquires Micra Accident Repair Centre
The AMA Group Limited announced the acquisition of Micra Accident Repair Centre Pty. Ltd., a collision repair business servicing the North Tasmania market. Having completed its due diligence the completion of the acquisition is scheduled to occur on January 4, 2016. The purchase price includes an initial consideration of AU$2.0 million ($1.44 million), adjusted for […]
Australia – AMA Group Completes Gemini Acquisition
The AMA Group Limited announced that it has finalized the acquisition of Gemini Accident Repair Centres Pty. Ltd. that was announced in September. Gemini has 40 collision repair centers across Australia and one in New Zealand. With the addition of Gemini’s collision repair centers located across Australasia AMA will have a national footprint of in […]
Australia – Aftermarket Calls to Establish Access to Vehicle Repair Info
The Australian Automotive Aftermarket Association (AAAA) has warned that Federal Government policy needs to keep pace with the technology being used in modern cars which have become ‘computers on wheels’. In a comment piece titled In the National Interest – Why Australia needs a National Automotive Repair and Servicing Portal released to members of Federal […]
AMA Group Finalizes Woods Acquisition
The AMA Group Limited announced that it has finalized its renegotiations for the acquisition of Woods Accident Repair Centres that was previously announced in May. Under the revised arrangement, AMA will now pay a total purchase price of AU$2.05 million ($1.49 million) in full settlement for the acquisition of Woods, including a majority stake in […]
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