Original Equipment (O.E.) collision parts and to highlight the benefits of choosing Mopar products over the aftermarket for collision repairs. The initiative will include a new informational ad that details the rights of owners to ask for O.E. parts for collision repairs.
Mitchell Parts to integrate advanced electronic procurement capabilities within Estimating and Repair Management to streamline workflow and business operations
Snap-on Incorporated (NYSE:SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks, today announced that it has entered into a definitive agreement to acquire Car-O-Liner Holding AB (“Car-O-Liner”) for approximately $155 million in cash. Based in Gothenburg, Sweden, Car-O-Liner, with trailing 12 month sales of approximately $95 million, is a leading global provider of collision repair equipment and information and truck alignment systems. Subject to certain closing conditions, the transaction is expected to close within 30 days.
The Society of Collision Repair Specialists and Pro Spot announced Thursday that they'd give one lucky SCRS booth visitor a nearly $9,000 dent removal system this year at SEMA.
"Delivering opportunity and return on investment to attendees of the SEMA Show has been the driving nature behind the Society of Collision Repair Specialists' (SCRS) Show activities since its inaugural year in 2010," SCRS wrote in a news release Thursday. "One of those deliverables has been defined by providing attendees the chance to win some of the collision repair industry’s most sought-after tools."
This year, Pro Spot donated a Pro Pull Complete PP-22, which SCRS said offered precision, more opportunities, lower cycle times and increased profitability.
"It’s a real honor to be part of the program that SCRS has created at the SEMA Show," Pro Spot founder Ron Olsson said in a statement. "We've watched the education program grow and develop over the last 7 years and what they deliver to the industry is unsurpassed by any other event. The value they offer is synonymous with what we strive to deliver with our tools and equipment, and exactly the kinds of initiatives that we want to put our support behind. We love this industry, and believe it is important for companies to support programs that make the industry stronger. It’s just a real honor to accomplish that side by side with an organization like SCRS."
Nissan Motor Co., Ltd., ("Nissan") completed its acquisition of a 34 percent equity stake in Mitsubishi Motors ("MMC") and became its largest shareholder.MMC will also become part of the global Alliance with Nissan and Renault. With the addition of MMC, the Alliance will be in the world's top three automotive groups by global volumes, with sales of 10 million units in fiscal year 2016.
Nissan Chairman and Chief Executive Officer Carlos Ghosn announced that Nissan and MMC would collaborate on joint purchasing, deeper localization, joint plant utilization, common vehicle platforms, technology-sharing and an expansion of the companies' combined presence in both developed and emerging markets.