Infomedia Ltd (ASX:IFM) announced June 20 that it has received an offer from Solera Holdings LLC to acquire 100% of Infomedia for a price of AU$1.70 per share payable in cash that values the company at AU$638.8 million ($443 million). Founded in 1987, Infomedia supplies solutions to the parts and service sector of the automotive […]
PartsTrader Partners with LKQ North America to Provide Data for SurePart
PartsTrader announced a partnership with LKQ North America to provide access to LKQ North America’s broad range of alternative parts and services via SurePart, PartsTrader’s new parts pricing platform for carrier-written/IA estimates. SurePart allows appraisers to write more accurate estimates by providing instant market pricing and leveraging industry-leading filtering to remove invalid parts. Rather than […]
PartsTrader Launches SurePart Instant Parts Pricing Platform
PartsTrader today launched SurePart, their new instant parts pricing platform. “SurePart’s a real game changer. Inaccurate initial estimates have been a significant cost to the industry” SurePart allows appraisers to write more accurate estimates by providing instant market pricing and leveraging industry-leading filtering to remove invalid parts. The result is a more accurate estimate […]
Infomedia Acquires Auto E-Commerce Platform SimplePart
Infomedia Ltd (ASX:IFM), the software provider in parts, service and data insights solutions to the global automotive industry, announced earlier this month that IFM Americas Inc., a wholly owned subsidiary of Infomedia Ltd, has entered into an agreement to acquire US-based e-commerce platform, SimplePart. SimplePart designs, implements and manages consumer-facing e-commerce programs in the US […]
CCC Reports on Parts eCommerce and Marketing Adoption
CCC Information Services Inc. (CCC) reported today significant growth in the adoption of its parts eCommerce and marketing capabilities, signaling a shift in how collision parts are promoted and purchased within the industry. The volume of electronic parts orders through its system by collision repairers has grown nearly 20x over four years. The company also […]
Mopar Masters Guild Endorses OEC CollisionLink
OEConnection LLC (OEC) announced that the Mopar Masters Guild (MMG), comprised of parts professionals from Fiat Chrysler dealerships, endorsed its CollisionLink solution. The Guild met with OEC last week to learn about upcoming product enhancements, and to discuss how the continued relationship between the Guild and OEC can benefit both parties. OEC and the Mopar […]
Diamond Standard Rolls Out Parts Reference Tool for Step Bumper Assemblies
Collision repair and insurance company estimators have a new resource to help identify step bumper assembly components. Diamond Standard announced that its DS PartsPath, provides photos and descriptions of all assembly component included in their Full Assembly Step Bumper Systems with OEM reference numbers for comparison and evaluation. In addition, over 1600 other Diamond Standard […]
PartsTrader and Nexsyis Announce Integration
Nexsyis and PartsTrader have released an integration between the two platforms that streamlines the workflow for collision repair facilities using both applications. Nexsyis users should contact Nexsyis Support (NexSupport@nexsyis.com or 888-222-7008) to enable the PartsTrader integration. “Consolidating the PartsTrader parts procurement activities within Nexsyis Collision is a major time saver for us, and has helped […]
Interview: Dan Risley, President and Executive Director of the Automotive Service Association
Risley details the association’s regional training events that are kicking off today, provides an update on this summer’s NACE | CARS, and discusses parts procurement legislation pending in Michigan. Earlier this year, the Automotive Service Association (ASA) announced that it would hold a series of regional training events around the U.S. in 2016. The events […]
Mazda Canada Selects OEConnection
OEConnection LLC (OEC) announced that Mazda Canada Inc. (MCI) has selected the CollisionLink online parts ordering and fulfillment solution for its network of dealers. Through a parts marketing program powered exclusively through CollisionLink, 165 Canadian Mazda dealers will be able to offer competitive pricing on eligible OE parts against non-OE parts. Mazda Canada joins five […]