PowerBand Solutions’ (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) virtual transaction platform recently launched, via Comprehensive Auto Resources Company Inc. (“CARco”), to auto dealerships throughout the United States (http://nnw.fm/Xu8mn). The cloud-based platform, which CARco president and CEO Charlie Caronia described as “a ground-breaking way for consumers and dealers to buy, sell, lease and trade vehicles,” is a standout in a sector looking for change. A recent article discussing this reads, “The automotive industry has been in a state of flux, with every aspect experiencing disruption, from driverless vehicles to artificial intelligence. Customer expectations for the market have been raised as technological innovations progress. As more customers begin to expect the same seamless digital service they receive in other retail markets, the automotive industry must adapt to remain competitive and protect profits as well as finance and insurance margins. To do so, retailers must find opportunities to leverage the digital-oriented nature of buyers and their desire for advanced technology.”
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About PowerBand Solutions Inc.
PowerBand Solutions, listed on the TSX Venture Exchange and the OTCQB markets, is a fintech provider disrupting the automotive industry. PowerBand’s integrated, cloud-based platform facilitates transactions among consumers, dealers, funders and manufacturers (“OEMs”). It enables them to buy, sell, trade, finance, and lease new and used, electric- and non-electric vehicles, on smart phones or any other online digital devices, from any location. Trademarked under DRIVRZ, PowerBand’s transaction platform will be available across North American and global markets. For more information, visit www.PowerBandSolutions.com.
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