The U.S. Federal Trade Commission issued an early termination notice June 16 on the Hart Scott Rodino (HSR) antitrust review of the sale by General Motors and Ford Motor Company of their stakes in OEConnection LLC. OEConnection LLC announced on June 2 that Providence Equity Partners would acquire a majority equity stake in the company. […]
Providence Equity Acquires Majority Stake in OEConnection
OEConnection LLC (OEC) announced on June 2 that Providence Equity Partners will acquire a majority equity stake in the company. Providence is a global private equity firm with $45 billion in assets under management. General Motors and Ford will each maintain a 15 percent minority stake in the. “Providence has a thorough understanding of OEC’s […]
PartsTrader Announces CollisionLink Integration Rollout
OEM parts dealers and their collision repair facility customers can now use a single streamlined workflow for electronic parts ordering with the software integration of PartsTrader and OE Connection’s CollisionLink. Development of the integration was announced by the companies last summer, and over 1,700 dealers are currently using this integration streamline ordering and fulfillment, while […]
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 […]
MyPriceLink Launches Today for General Motors Collision Repair Parts
OEConnection anticipates other OEMs using MyPriceLink to provide real time list part pricing to the collision repair industry. OEConnection LLC (OEC) launched its much-anticipated MyPriceLink system to provide real-time dynamic list pricing on original equipment (OE) collision repair parts based on timing and local market conditions. Estimating system users will use the patent-pending technology to […]
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