Webinars Provide Crucial Strategies for Dealerships to Leverage Immediately, Including Virtual Retailing, Driveway Test-Drives, Home Service Delivery, and More to Assist Consumers During Coronavirus Pandemic

SCOTTSDALE, Ariz., – (March 23, 2020) Digital Air Strike, the leading automotive consumer engagement technology company, today announced two free webinars to help automotive dealers during the COVID-19 pandemic. General Motors and Automotive News, two of the biggest names in the automotive industry, have invited the company to share new social distancing solutions, technology, and best practices for dealerships to offer “no contact” contracting, at-home test drives, concierge delivery for service, and more. 

The webinars will focus on how today’s climate calls for a shift in strategy as well as new tactics to employ immediately. The industry has an opportunity to make a dramatic leap forward in many areas while nurturing leads to help maximize future pent-up demand.

“As people are being directed to practice social distancing, and even if physical retail locations need to close, dealerships still have essential services such as vehicle repairs, they can offer,” said Alexi Venneri, co-founder and CEO of Digital Air Strike. “They are also presented with a great opportunity to do things differently and embrace technology. Technology is readily available for consumers to research, shop, buy, and service from home. Our goal has always been to help our automotive industry adopt new strategies. We have developed a Virtual Retailing Program that combines step-by-step instructions on how to continue to operate in all scenarios, marketing assistance with social network strategies, content, and videos that dealers can use immediately, paired with training to and new technology to help automate many of the steps, especially if dealers have less staff available or some working from home.”

Digital Air Strike has a proven track record of helping the automotive industry during times of crisis as the company was founded during the depth of the recession 10 years ago and has consistently demonstrated creative, low-cost ways for dealers and OEMs to engage with consumers leveraging social networks, digital strategies, and innovative technologies.

Each webinar will be led by Venneri:

• March 24 at 2 p.m. EDT: “Help Your Dealership Thrive During Covid-19” in partnership with Automotive News, co-moderated by Dave Versical, chief of Editorial Operations for Automotive News Group. Reserve your spot today here.

• March 26 and April 7 at 1 p.m. EDT: “Top Tips for GM Dealers to Thrive During Covid-19” in partnership with General Motors. Reserve your spot today here.

• Daily: Digital Air Strike is providing helpful tips on how to use video, AI and social media to communicate with customers online and sell more in an easy-to-consume webinar format. View the schedule and reserve your spot here.

Digital Air Strike is also offering its Video Retailing technology free for 30 days and is sponsoring a “Video of the Week” contest. Dealers can submit their best videos showing how they can assist consumers virtually for a chance to win $500. Videos can be emailed to video@digitalairstrike.com.

Digital Air Strike has a proud history of partnering with General Motors and Automotive News. The company was the first Reputation Management vendor approved by GM in 2011 to work with its dealerships and just marked its eighth year of providing award-winning reputation management and social media marketing solutions to GM dealers through the manufacturer’s Standards for Excellence program. Digital Air Strike was also just recognized by General Motors as an approved Chat Partner in the Dealer Digital Solution Program.  Automotive News named Venneri as one of its 100 Leading Women in Automotive.

About Digital Air Strike

Digital Air Strike is the leading social media, intelligent lead response technology and consumer engagement company helping businesses increase consumer response and conversions in digital and social media environments while generating measurable ROI.

A pioneer in digital response, social media marketing and online reputation management solutions, Digital Air Strike deploys industry-specific mobile apps, software, intelligent messaging and managed service platforms to monitor, engage, improve and manage consumer interactions for thousands of businesses in the United States, Canada and 11 additional countries, including working with seven of the largest automotive manufacturers. More information is available at www.digitalairstrike.com and www.facebook.com/digitalairstrike.

In the year since impound fees cost the used car industry $1.1B, new data shows maturing technology has made a positive impact

 IRVINE, Calif., October 10, 2019 — In its latest findings, Spireon, the vehicle intelligence company, has reported that in 2019, significantly more used vehicles have been recovered expeditiously from impound lots than in 2018. This faster recovery time has resulted in an estimated average savings of $107 per vehicle impounded.

Spireon data indicates that in 2019, 27.8 percent more vehicles were recovered from impound lots in less than a day. Meanwhile, vehicles accruing mounting fees in excess of one week to more than a month has improved by 27 percent since its 2018 findings.

“Last year’s data was pulled during a period when impound lot recovery technology powered by GPS was still in its early stages and did not yet have a strong foothold among dealers,” said Brian Deeley, Sr. Director, Product Management at Spireon. “However, since then, through gradual adoption and education, we are seeing the fruits of our labor pay off in the form of significant savings for both independent and BHPH dealers.”

Spireon’s latest findings, recently published in the latest annual NIADA Used Car Industry Report, are the second iteration of data analysis gathered from dealer surveys and Spireon’s NSpire IoT platform data tracked from nearly 4 million GPS-equipped vehicles. In its original 2018 report, the company identified the critical need for impounded vehicles to be recovered as early as possible before fees rise to disproportionate levels. In 2018, there were an estimated 76,000 impounds per day nationwide, nearly half of which stayed on an impound lot for four days or more — 22 percent at 15 days or more. In all, dealers, lenders, and consumers were left responsible for an astonishing $3.04 million in impound fees each day, or $1.1 billion per year. This year’s data depicts promising trends.

Other datapoints of interest in the 2019 report show Alaska (7.37 percent), Rhode Island (6.16 percent), and Ohio (4.86 percent) as having the highest impound rates in the nation. South Carolina, Oregon, and North Carolina lead the pack with the highest average time in impound, topping out at 20 days.

To learn more, download the full report here.

About Spireon

Spireon, the vehicle intelligence company, is the leading provider of aftermarket telematics solutions in North America. By equipping cars, trucks, trailers and other mobile assets with GPS devices and sensors, Spireon turns any vehicle into a connected vehicle. Award-winning products GoldStar, Kahu and FleetLocate deliver 24×7 asset visibility and actionable insights to auto dealers, lenders, transportation companies, service fleet managers, rental car companies and consumers to increase safety and productivity, boost profits and protect assets. Spireon’s NSpire IoT platform powers all Spireon solutions, supporting nearly 4 million active subscribers and processing more than 1 billion data events each month. Learn more at www.spireon.com.

• This recognition emphasizes the importance of diversity in the automotive industry.
• Cox Automotive is donating $5,000 to the University of Michigan, Hall’s non-profit of choice.
• A disaster response vehicle is being donated to the American Red Cross on Hall’s behalf.

ATLANTA, July 12, 2019 – Cox Automotive, in partnership with the National Association of Minority Automotive Dealers (NAMAD), awarded its Rising Star Award to Eddie Hall III, general manager at The Hall Automotive Group in Royal Oak, Michigan. Hall was chosen based on nomination criteria, including being a NAMAD member in good standing under the age of 40 who has demonstrated a substantial commitment and contribution to the automotive industry.

Keisha Duck, vice president, talent, learning and culture, Cox Automotive, presented the award at the NAMAD annual meeting awards dinner in Miami on July 11. She said: “On behalf of Cox Automotive and in partnership with NAMAD, I am honored to recognize Eddie Hall III as the 2019 Rising Star. Not only does Eddie exemplify the words ‘Rising Star’ in the context of the automotive industry, he also exemplifies a core value of Cox Automotive and the Cox family – community service. Eddie dedicates countless hours to volunteering and supporting local high school youth with outreach programs at the Ross School of Business at the University of Michigan.”

Hall started full time with The Hall Automotive Group in 2010 as an assistant finance manager, after graduating with a master’s in accounting and a bachelor’s in business administration from Ross School of Business at the University of Michigan. He worked various positions in finance and sales management before transitioning to his current role.

In addition, Hall is a minority representative on the Ford National Dealer Council, serves on the Ford Minority Dealer Association Board, is secretary of the NAMAD NextGen Board and is a founding member and chairman of the NADA NextGen 20 Group.

“It is such an honor to be selected as Cox Automotive/NAMAD Rising Star for 2019,” said Hall. “It is a proud accomplishment to be recognized in such a challenging and competitive industry. Being able to follow in my father’s footsteps and help lead the company is a dream come true.”

Cox Automotive is donating $5,000 to a non-profit in Hall’s honor. He chose the University of Michigan, which uses donations to ensure the university community remains large, diverse and at the forefront of higher education.

In addition, this year Cox Automotive will also donate a disaster response vehicle to the American Red Cross Michigan Region chapter on Hall’s behalf. Cox Automotive is a long-time partner and member of the Red Cross Disaster Response Program and has donated 11 disaster response vehicles.

The Hall Automotive Group comprises four dealerships in Michigan, Briarwood Ford and Royal Oak Ford as well as Northland Chrysler Dodge Jeep Ram and Vicksburg Chrysler,the only two African-American owned Chrysler dealerships in the state.

About Cox Automotive

Cox Automotive Inc. makes buying, selling, owning and using cars easier for everyone. The global company’s 34,000-plus team members and family of brands, including Autotrader®, Clutch Technologies, Dealer.com®, Dealertrack®, Kelley Blue Book®, Manheim®, NextGear Capital®, VinSolutions®, vAuto® and Xtime®, are passionate about helping millions of car shoppers, 40,000 auto dealer clients across five countries and many others throughout the automotive industry thrive for generations to come. Cox Automotive is a subsidiary of Cox Enterprises Inc., a privately-owned, Atlanta-based company with revenues exceeding $20 billion. www.coxautoinc.com

Certification Based on J.D. Power U.S. Sales Satisfaction Index Study and Dealership Best Practices

FAIRFAX, VIRGINIA (July 8, 2019) - Demonstrating their commitment to exceeding customer expectations, three Sheehy Auto Stores dealerships – Sheehy Volkswagen and Subaru of Springfield, and Sheehy Toyota of Fredericksburg, have been certified in the J.D. Power 2019 Dealer of Excellence Program,SM which recognizes a select number of vehicle dealerships throughout the United States that provide exceptional customer service.

“This certification sets us apart, especially coming from such an authority as J.D. Power,” said Vince Sheehy, President of Sheehy Auto Stores.  “In one way or another, everyone in each dealership contributes to making our customers happy, and every member of our team shares in this achievement.”

Known for its “Voice of the Customer” research for 50 years, J.D. Power and, subsequently, its Dealer of Excellence Program help consumers identify leading retailers that will go the extra mile.

According to J.D. Power, buying a vehicle is a significant financial transaction and can be stressful because there’s so much information to digest. The Dealer of Excellence Program assists auto buyers who are looking for an exceptional dealership where they can confidently buy a vehicle. Certified dealers also benefit by leveraging the J.D. Power brand and promoting their dealership’s commitment to an outstanding customer purchase experience.

Dealer of Excellence is an exclusive program and not all dealerships can qualify. Those that do must pass a three-step process:

As the first qualification criterion, J.D. Power limits the percentage of eligible dealerships by nameplate based on each brand’s performance in the most recent J.D. Power U.S. Sales Satisfaction Index (SSI) Study.SM Thus, proportionally more dealerships from top-performing brands can become a J.D. Power Dealer of Excellence.

Second, dealerships must rank among their brand’s top performers in key customer satisfaction areas consistent with measurements found in the SSI Study.

Finally, qualifying dealers must pass an audit to show they meet or exceed J.D. Power sales best practices. Those best practices include, but are not limited to, listing vehicle inventory and pricing on the dealership website; negotiating in an efficient and transparent manner; offering a fair trade-in value; and presenting a clear and easy-to-understand menu of finance and insurance products.

Sheehy Auto Stores, Inc.

Sheehy Auto Stores is the 32nd largest dealer group in the country and serves customers in the Richmond, Baltimore, Annapolis and Washington, D.C. metropolitan areas.  A family-owned business since it was founded as one Ford store in 1966 in Marlow Heights, Md., the company has grown to more than $1.5 billion in sales with more than 40,000 new and used vehicles sold each year. The company is recognized as a leader in customer satisfaction, retention and community involvement.  For more information visit www.sheehy.com or call 703-802-3480.

We're going to try something this year at the DrivingSales Executive Summit.  We are looking for the World's Greatest Sales Managers to present their best motivational speech on the main stage at DSES.  Unleash your inner Vince Lombardi and show us what you've got.  

The dealer panel will select the five finalists to deliver a 7-minute motivational speech.  Finalists will get a free seat at DSES.  Submit a 3-minute clip to be in the running.  Apply here today!

LEHI, Utah—May 21, 2019—Podium, the leading interaction management platform for local businesses, today announced the addition of Teamchat to its existing suite of interaction management tools. The new communication solution will help local businesses centralize company interactions and allow employees to conveniently collaborate internally within the same platform used to interact with customers and vendors.

With Teamchat, internal teams can exchange direct messages and group messages, include clickable links, send and receive attachments, and use mentions to help simplify and streamline internal communications. The solution centralizes interactions between team members, as well as between the company and customers.

“Podium Teamchat has allowed our teams to bring all our conversations into the same place, making it easy to collaborate on how to best help our fans,” says Ty Wardle, Director of Membership & Sales Services with the Utah Jazz. “Through the Podium Interaction Management platform, we’re able to easily manage every touchpoint with Jazz fans so we can maintain a superior customer experience while strengthening our business. Teamchat plays an integral role in this process because it empowers us to do more as a team by conveniently coordinating all our customer interactions.”

By centralizing interactions, employees can conveniently collaborate and drive leads into customers. Having conversations and sending information in context leads to better service for customers than simply sending memos, and convenient communication can help employees feel more engaged in work and improve camaraderie among coworkers. And unlike some other communication platforms, Teamchat has been specifically designed for local businesses.

“We set out to solve the review gap for local businesses, but in doing so, we found more pain points that we knew we could alleviate,” said Eric Rea, CEO of Podium. “This addition to our suite of interaction management solutions, will help make communication easier for these organizations in a way that email, text, and tools built for larger companies can’t. We know local businesses are the backbone of our economy—and our communities—and are dedicated to helping them be more efficient and successful.”

Founded in 2014, Podium is now working with more than 37,000 businesses. Creating more than 12 million customer interactions every month, nearly one in four (22%) U.S. smartphone owners have connected with a local business via Podium’s platform.

To learn more about Podium Teamchat, please visit podium.com/teamchat.

About Podium

Podium is an interaction management platform that enables companies with a local presence to conveniently connect with their customers at critical touchpoints to help them strengthen their business. By conveniently facilitating millions of customer interactions, such as driving customer-generated online reviews and providing improved customer messaging tools, Podium serves more than 37,000 local businesses to create over 12 million interactions with their customers a month. Headquartered in Lehi, Utah, and founded in 2014, Podium is currently backed by IVP, Accel, Summit Partners, GV (formerly Google Ventures), and Y Combinator. To learn more, visit www.podium.com or contact us at press@podium.com.

Generational Expert to Share Valuable Insights and New Research about Success in Automotive Retail

DALLAS, May 20, 2019 — DealerSocket, Inc., a leading software company for the automotive industry, announced today that it has selected Jason Dorsey, Co-founder and President of The Center for Generational Kinetics, who is a best-selling author and the leading generations speaker, and whose family has worked in the automotive industry for more than 30 years, to deliver the Keynote Address at its user summit. 

“We are thrilled to welcome Jason to the DealerSocket User Summit as a keynote speaker in what is an important event for the automotive industry,” said Sejal Pietrzak, President and CEO of DealerSocket. “It will be valuable for our customers to hear from Jason and leverage his unique research as he offers specific, practical solutions to drive measurable results for dealerships.”

Scheduled for August 21-23, 2019, at the Marriott in Anaheim, Calif., DealerSocket’s User Summit 2019 has the theme of “Drive” and will provide attendees with three days of innovation, education, and collaboration. Dorsey will deliver his keynote address on day one of the conference in what promises to be an entertaining and insightful presentation on how generations buy and work in automotive, how to market and sell to each generation, and he will unveil his research center’s latest findings into the newest generation that is rapidly emerging as consumers, employees, and trendsetters: Gen Z.

“There has never been a more urgent and important time to understand Gen Z and Millennials in the auto industry,” said Dorsey. “Millennials now outspend every other generation of consumers and are the largest group in the workforce. Gen Z, already age 23, are ushering in a new era of communication, engagement, and expectations that will drive new change on every side of the automotive industry.”

Dorsey wrote his first bestselling book at age 18, and he is considered the most sought-after millennial and Gen Z speaker and researcher. He has been featured on more than 200 TV shows, including60 Minutes, 20/20, The Today Show, CNN, CNBC, and The Early Show. His family worked in the automotive industry for more than 30 years.

“I’m incredibly excited to share at DealerSocket’s User Summit our center’s latest research into these essential generations—in particular, the hidden drivers behind their mindset as customers and employees—as well as specific actions that dealers can implement immediately,” he continued.

“Each of the strategies and actions I share will work whether an attendee represents 50 dealerships or an individual location. My recommendation is to bring as many leaders as possible from your dealership to DealerSocket’s User Summit, because each will leave with specific actions they can use immediately to help your dealership, from marketing and customer engagement to fixed ops satisfaction scores and sales consultant retention. This is the exact right time for dealership leaders to separate myth from truth with these important generations and I’m incredibly excited that DealerSocket is leading such an important industry conversation,” said Dorsey.

About DealerSocket

DealerSocket is a leading provider of software for the automotive industry, offering a suite of seamlessly integrated products to help dealers sell and service vehicles more profitably, while improving their customers’ experience. DealerSocket’s suite of products includes advanced Customer Relationship Management (CRM), innovative Digital Marketing and Websites, robust Vehicle Inventory Management, insightful Analytics Reporting, and solutions to streamline dealer operations such as Desking, Credit Reporting, Compliance, and a Dealer Management System (DMS) for dealers of all sizes. DealerSocket employs nearly 1,000 team members serving more than 8,000 dealerships. For more information, visit DealerSocket.com or follow us on Twitter, LinkedIn, and Facebook.

Contact:

Patrick Mendoza

PMendoza@DealerSocket.com

469-828-6325

###

The Vehicle Intelligence Company Adds Second Customer Service Award, Bringing Total Awards for 2019 to Five

IRVINE, Calif., May 14, 2019 /PRNewswire/ -- Spireon, the vehicle intelligence company, today announced that it has been named a winner in the 2019 Excellence in Customer Service Award for Technology of the Year by the Business Intelligence Group. Spireon was selected due to its deep investment in product innovation and dedication to develop deeper relationships with its 20,000+ customers while ensuring customer success.

"2018 was another stellar year for Spireon, amplified by our white-glove customer service and the superior value delivered by our connected vehicle solutions," said Rashid Ismail, CIO at Spireon. "Our customers are at the center of everything we do and the recognition by the Business Intelligence group further proves our customer-first philosophy far exceeds industry standards and that our team continues to raise the bar in customer service."

This recognition marks the second customer service award win for Spireon this year. Spireon's 2018 average Net Promoter Score (NPS) of 72 far exceeds the industry average of 21.4 for B2B technology companies. Spireon credits a comprehensive customer onboarding program, regular customer interaction by multiple teams at the company, and 24×7 phone support by expert resources. On average, customer service calls are answered within 59 seconds. 

"Year after year the role of customer service plays a more important role in all of our lives," said Maria Jimenez, chief operating officer of the Business Intelligence Group. "We are thrilled to be honoring Spireon as they are leading by example and making real progress on improving the daily lives of so many."

Organizations from across the globe submitted their customer service and success strategies and platforms for consideration in the BIG Excellence in Customer Service Awards. Nominations were then judged by a select group of business leaders and executives who volunteer their time and expertise to score submissions.

About Business Intelligence Group 
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, these programs are judged by business executives having experience and knowledge. The organization's proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.

About Spireon  
Spireon, the vehicle intelligence company, is the leading provider of aftermarket telematics solutions in North America. By equipping cars, trucks, trailers and other mobile assets with GPS devices and sensors, Spireon turns any vehicle into a connected vehicle. Award-winning products GoldStar, Kahu and FleetLocate deliver 24x7 asset visibility and actionable insights to auto dealers, lenders, transportation companies, service fleet managers, rental car companies and consumers to increase safety and productivity, boost profits and protect assets. Spireon's NSpire IoT platform powers all Spireon solutions, supporting nearly 4 million active subscribers and processing more than 1 billion data events each month. Learn more at www.spireon.com.

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Media Contact:
Havas Formula for Spireon
spireon@havasformula.com
619-234-0345

Business Intelligence Group Media Contact:
Maria Jimenez, Chief Nominations Officer
Business Intelligence Group
jmaria@bintelligence.com 
909-529-2737

 Insights on digital retailing, predictive analytics, millennial buyers, and marketing insights competed onstage at the DrivingSales Presidents Club event in New York City in April

Salt Lake City, UT – May 8, 2019 – DrivingSales today announced the results of the 2019 DrivingSales Most Valuable Insight Competition, which was created to foster the spirit of progress and thought leadership in the auto industry.  Finalists were asked to provide an insight that would provide significant value to dealership executives.  They were selected from a competitive field of submissions by a dealer board. Each finalist competed onstage at the 2019 DrivingSales Presidents Club event, held at the Grand Hyatt in New York City, April 15-16, 2019.

“There are so many creative innovators in our industry that we wanted to provide a special forum for uncovering insights that can create significant change and benefit, but that are often overlooked or unheralded,” said DrivingSales Founder and CEO Jared Hamilton. “This is our chance to hear from the deep thinkers among us – those who have an intuitive understanding of the automotive industry and who are constantly seeking to improve it. We congratulate the finalists, each of whose insights – whether on mobile or millennials or marketing metrics - will provide immediate value not only to the executives attending the Presidents Club, but to all dealership leaders on the look-out for smart ways to improve their operations.”

The 2019 DrivingSales Most Valuable Insight results are:

Winner, Most Valuable Insight: “Purchase Demand Index” by Experian Automotive.

Finalist: “Digital Retailing and the Crucial ‘Can I Afford It?’ Moment” by Dealer Inspire

Finalist: “Quiet the Assault and Keep the Customer You Paid For” by LiveMarketing

Finalist: “Keeping Sales Agents with Customers Increases CSI and Saves You Money” by Roadster

Finalist: “The Third Party Influence on Your First Party Traffic” presented by Cars.com

Each finalist presented their insight onstage at the DrivingSales Presidents Club event. A panel of dealer judges scored each presentation.  The 2019 Most Valuable Insight will be presented in more detail at the 2019 DrivingSales Executive Summit held in October in Las Vegas.

The Most Valuable Insight Competition is part of a high-level line-up at the DrivingSales Presidents Club, an intimate and collaborative event. The event is designed to help an elite audience of dealership principals and general managers build the strategies they need to adapt to a changing automotive retail market – and to lead it. The event focuses on the three foundational elements of successful dealership operations – Capital, Brand and People.

Visit www.drivingsalespresidentsclub.com for more information and to register for the event.

For more information about the DrivingSales Most Valuable Insight Competition, go to http://drivingsalespresidentsclub.com/most-valuable-insight/.

About DrivingSales

Founded in 2008 and dedicated to the dealer community, DrivingSales is a business intelligence and performance improvement company that delivers unbiased*, profit-building information to make automobile dealers more successful through three distinct channels: DrivingSales Data, DrivingSales Human Capital Management and DrivingSales Media.  Approximately one in every three dealerships in the United States has a registered member in the DrivingSales community.

*Vendor Neutral Policy: Dedicated solely to making dealerships more profitable, while also providing benefit to automakers and the industry as a whole, DrivingSales adheres to a strict vendor neutral policy through each of its channels. This means the company only provides unbiased information, not ‘pay-to-play’ follow up services -- and never accepts payment in exchange for media coverage or lets potential advertisers dictate messaging or create bias in any of its channels.

Initial Implementation to Utilize Altair’s Cellular IoT Chipset Platform to Facilitate New Range of On-Board Telematics Devices Without Connection to Car’s Power Supply

HOD HASHARON, Israel – Altair Semiconductor (altair-semi.com), a leading provider of cellular IoT chipsets, announced it is partnering with ERM Advanced Telematics, a global provider of automotive technology and IoT solutions, to develop a new range of low-powered and installation-free automotive IoT solutions.

ERM’s new set of IoT and asset management solutions leverages Altair’s optimized cellular IoT chipsets to provide installation-free solutions for IoT, asset management, stolen vehicle recovery (SVR) and vehicle financial services. These will include event-based platforms for automatic vehicle location and asset management applications using various sensors. The ultra-low power consumption of Altair’s chipsets allows the device to be connected without having to be powered by the vehicle’s battery, significantly reducing installation costs.

“As installation costs continue to rise in comparison to hardware prices, Altair’s unparalleled low power figures and extended battery life means we can provide on-board solutions with minimal installation requirements that are able to remain in the field for up to two years,” said Kfir Lavi, Senior VP and Deputy CEO at ERM Advanced Telematics. “This will usher in a new dawn for IoT and asset management, opening up a whole new market of applications for a wide range of automotive IoT scenarios.”

Altair’s optimized cellular IoT chipsets are the industry’s most advanced, providing the market’s lowest power consumption and enabling the longest battery life for IoT. Commercially available, they feature a hardware-based security framework and a rich set of host, peripheral and sensor interfaces, ideal for integration in a range of industrial and consumer IoT applications.

“Low power consumption is essential for the efficient and long-term growth of the automotive IoT space,” said Gili Friedman, Director of Business Management for Altair Semiconductor. “We are delighted that ERM Advanced Telematics has selected Altair’s cellular IoT technology to provide the low cost and power-efficient connectivity necessary to enable new markets and use cases.”

About Altair Semiconductor

Altair Semiconductor, a Sony Group Company, is a leading provider of LTE chipsets for IoT. The company's flagship ALT1250 is the smallest and most highly integrated LTE Cat-M and NB-IoT chipset, featuring ultra-low power consumption, hardware-based security and a carrier-grade integrated SIM. Altair partners with leading global vendors, including G+D (Giesecke+Devrient), HERE Technologies, Murata, Sierra Wireless and WNC, to provide low-power and cost-efficient modules for a range of industrial and consumer IoT applications such as trackers, smart meters, wearables and vehicle telematics. Altair's chipsets have been commercially deployed on the world's most advanced LTE networks, including AT&T, China Mobile, KDDI, Softbank, Verizon and Vodafone.

For more information, visit www.altair-semi.com.  Follow Altair on Twitter: @AltairSemi and LinkedIn: Altair Semiconductor

About ERM Advanced Telematics  

ERM Advanced Telematics is an international technology company focused on automotive, Asset Management and IoT solutions, whose technologies and products are installed in millions of vehicles worldwide. ERM was founded in 1985, based in Israel and operates in over 65 countries in North, Central and South America, Europe, Asia, Africa and Australia through its service providers' partner channels. The company offers both hardware and software solutions, designed, developed and manufactured in its Israeli facilities. ERM offers a wide range of modular solutions that operate on a range of wireless technologies, including cellular, Bluetooth, Wi-Fi and various Radio Frequencies. The solutions are designed to improve the protection, management and diagnostic of vehicles and valuable assets, reducing operational costs, and provide valuable information for better decision making.

For more information, visit https://ermtelematics.com/

For further details: Alon Mlievski, +972-50-4438778

Meirovitch Public Relations, tel. +972-77-2129988