Who: Automatic Data Processing Inc.
CCC Information Services Inc.
Reynolds and Reynolds Co.
What: Electronic parts network where dealers and body shops can buy and sell parts either on the Internet or through the dealer management system. The parts exchange will be a separate company jointly owned by ADP, CCC and Reynolds.
When: The exchange is expected to start in the third quarter of this year.
Why: Competition is heating up for the online parts-trading groups.