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Tekion Announces Toyota SmartPath/MONOGRAM Desking Integration

1. Toyota partners with Tekion to enhance digital retail for dealers. 2. The integration improves efficiency in car sales processes across the U.S.

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Why Bullish?

This integration may improve sales efficiency and customer experience, leading to higher revenue. Historically, advancements in technology adoption have positively impacted automotive sales.

How important is it?

The partnership enhances TM's operational capabilities, a crucial aspect for competitive positioning. Such integrations can lead to increased customer satisfaction and sales.

Why Short Term?

Immediate benefits can be observed as dealers start using the new system. Short-term sales efficiency gains could boost TM's performance quickly.

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PLEASANTON, Calif.--(BUSINESS WIRE)--Tekion, innovator of the first cloud-native platform serving the entire automotive retail ecosystem, today announced its latest integration with original equipment manufacturer (OEM) Toyota Motor North America, Inc. (TMNA). With this integration, Toyota and Lexus dealers in the United States can more efficiently use Tekion's Desking within Automotive Retail Cloud (ARC) seamlessly pushing deals from the SmartPath/MONOGRAM digital retail program. ARC is a comp.

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