Three big names in the auto and collision industries -- Reynolds and Reynolds, CCC and ADP -- recently launched a new company. The joint venture, called Choice-Parts, LLC, will create a network of auto retailers and collision re-pair facilities to give users instant access to a virtual warehouse of auto parts.

According to the company, ChoiceParts, LLC will link more than 24,000 North American fran-chised auto retailers and other parts suppliers, and more than 50,000 collision repair facilities.

As of press time, the electronic auto parts marketplace launch date was to be sometime this summer.

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