NetworkNewsBreaks - PowerBand Solutions Inc. (TSX.
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Posted On: 05/15/2020 5:18:32 PM
NetworkNewsBreaks - PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Virtual Car Auction Platform Offers Safe Alternative During Pandemic
PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), together with D2D Auto Auction LLC, recently launched and conducted successful virtual auctions in the United States. An article discussing the company reads, “The PowerBand/D2D cloud-based auction platform lets people buy and sell cars and trucks with a simplicity, speed and cost efficiency never seen before, without them ever needing to leave their homes or offices. It will be offered across the United States in the coming weeks and months and will allow digital images and details of vehicles to be uploaded to the platform for potential buyers to view. . . . ‘The success of our virtual auctions, which are generating huge demand, is another major development for PowerBand and D2D,’ PowerBand CEO Kelly Jennings stated in a news release. He explained that the COVID-19 pandemic has disrupted many industries across the world including the automotive dealership and auction industries. As a result, dealerships have had to adapt quickly to an environment where the purchase and sale of vehicles at a physical auction is not a viable option. ‘Our cloud-based auction platform is now fully functional and can replace traditional physical auctions across North America as well as greatly reducing the costs to dealers since we only take a fee when a vehicle is actually sold,’ Jennings added.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), together with D2D Auto Auction LLC, recently launched and conducted successful virtual auctions in the United States. An article discussing the company reads, “The PowerBand/D2D cloud-based auction platform lets people buy and sell cars and trucks with a simplicity, speed and cost efficiency never seen before, without them ever needing to leave their homes or offices. It will be offered across the United States in the coming weeks and months and will allow digital images and details of vehicles to be uploaded to the platform for potential buyers to view. . . . ‘The success of our virtual auctions, which are generating huge demand, is another major development for PowerBand and D2D,’ PowerBand CEO Kelly Jennings stated in a news release. He explained that the COVID-19 pandemic has disrupted many industries across the world including the automotive dealership and auction industries. As a result, dealerships have had to adapt quickly to an environment where the purchase and sale of vehicles at a physical auction is not a viable option. ‘Our cloud-based auction platform is now fully functional and can replace traditional physical auctions across North America as well as greatly reducing the costs to dealers since we only take a fee when a vehicle is actually sold,’ Jennings added.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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