November 2013

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The Locator Magazine

ASA Asks Officials To Review Parts Procurement Program

The Automotive Service Association (ASA) has sent letters to state insurance regulators and state attorneys general regarding State Farm’s nationwide rollout of changes in its direct repair program, Select Service. The letter requests that state regulators review State Farm’s mandate to use the PartsTrader LLC parts procurement program to determine if it violates state law.

OSHA Goes Global

The U.S. Occupational Safety & Health Administration (OSHA) has agreed to the United Nation’s standard for a Globally Harmonized System (GHS) of classification and labeling of chemicals.

Solera Signs Agreement To Purchase Parent Company Of Service Repair Solutions

Solera Holdings, Inc., a leading global provider of software and services to the automobile insurance claims processing and decision support industries (www.solerainc.com), announced that it has signed a defi nitive agreement to purchase equity interests in a parent company of Service Repair Solutions, Inc. (SRS) from an affiliate of Welsh, Carson, Anderson & Stowe (Welsh Carson), a leading private equity firm (the Joint Venture).

1969 Camaro ZL1 Sells For $500,000

A rare 1969 Chevrolet Camaro ZL1 sold for half a million dollars at Mecum Auction’s Chicago 2013 event on Saturday, Oct. 12. At $500,000, the Camaro ZL1 took the second seat in the top ten sales. As number 23 of just 69 built that year, the ZL1 was restored to its original factory specifi cations and presented as an excellently documented example. A Harley Earl Corvette, a 1963 General Motors styling car, took top honors at $1.5 million. The event was held at the Schaumburg Convention Center in Schaumburg, Ill.

Environmental Groups Awarded $100,000

The Automotive Recyclers of Canada (ARC) has teamed up with Summerhill Impact to launch a new granting initiative, Grants In Gear. This nationwide program will provide funding to four Canadian Environmental nonprofit organizations or entrepreneurial groups.
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