(Australia) AMA has acquired the Bears Group with its six locations coming under the Gemini banners. ‘The Bears group has decided to move away from the smash space,’ head of Bears Group, Steve Lozenkovski told Australian Paint & Panel. ‘We felt with a rapidly evolving industry we could focus our attention on other areas of [...]

The automotive industry grew in 2017, with 86.05 million units (LCVs and passenger cars) sold according to data released today by JATO Dynamics. This is a significant 2.05 million more than in 2016 and represents a 2.4% increase on 2016. ‘The automotive market performed well in 2017, with established economies maintaining growth, whilst developing markets [...]

The Parts Alliance, a subsidiary of Uni-Select Inc, has opened two new branches in the UK. The new store openings in Croydon and Newcastle represent ongoing investment from The Parts Alliance and an ongoing commitment to endorse and develop its local motor factor brands giving local service combined with national strength. ‘We’re delighted to continue [...]

Carlyle Group has said it will struggle to match its 2017 investment gains this year, due to the volatile stock market and rising interest rates. It reported bumper fourth-quarter earnings last year, with its private equity funds rising by eight per cent in the last three months. Its fourth-quarter economic net income per adjusted unit [...]

Al Ahlia Insurance Company, Oman’s most progressive insurance company, has announced what it claims to be a revolutionary new proposition for motor insurance. The company now offers a repair-time guarantee and vehicle return in five days for minor repairs. Additionally, customers are also guaranteed a compensation amounting to RO7 per day in cash, for any [...]