PWWBF - PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Providing Alternative to Physical Auctions Amid Auto Industry Disruption
- Virtual auctions have unlimited potential amid massive industry changes brought on by the COVID-19 pandemic
- PowerBand and D2D cloud-based platform is highly efficient and convenient for both dealers and buyers, enabling consumers to buy, sell, lease and trade vehicles through their smartphones
- Current crisis exposes the fragility of the global supply chain, and automakers will have to start considering domestic options instead
- Online vehicle auction sector is expected to continue growing at a fast rate, further spurred by current pandemic-imposed social distancing rules
PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) has launched a new cloud-based platform that lets people buy and sell cars and trucks with never-seen-before simplicity, speed, and cost-efficiency. This development is proving pivotal during the Covid-19 pandemic, as automakers and dealers take a long, hard look at innovations to allow consumers to buy, sell, trade and lease on-line.
“Online shopping in our industry is going to snowball,” newly appointed Honda Canada CEO Jean Marc Leclerc told...
NOTE TO INVESTORS: The latest news and updates relating to PWWBF are available in the company’s newsroom at http://nnw.fm/PWWBF
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork.