Post by
box532 on Sep 27, 2011 8:30am
Futura Announces Strategic Partnership With Co-Aut
Press releaseSept. 27, 2011, 8:05 a.m. EDTFutura Announces Strategic Partnership With Co-AutoCo-Auto to Promote Futura's Product Offering to Its More Than 1200 Auto Dealer ClientsTORONTO, ONTARIO, Sep 27, 2011 (MARKETWIRE via COMTEX) -- The Futura Loyalty Group Inc. CA:FUT 0.00% (the "Company") today announced that it has partnered with Co-Auto Co-Operative Inc. ("Co-Auto"), a buying cooperative that currently services over 1200 auto dealers in Ontario, Quebec and the Maritimes, to act as a sales lead generation partner. Commencing October 1st, 2011, Co-Auto will begin promoting Futura's product offering to its dealer clients through its various client outreach channels and will refer all qualified sales leads to Futura for follow up. Co-Auto will also assist Futura in managing its roster of active dealer clients within Ontario, Quebec and the Maritimes."This partnership with Co-Auto is a great win-win for both organizations. From Futura's standpoint, the opportunity to leverage Co-Auto's unrivalled reach into the auto dealer community in Eastern Canada has the potential to dramatically accelerate our auto dealer sales strategy. Co-Auto benefits from adding a suite of well known loyalty services to its product offering that is proving to be very popular with auto dealers," said Mark Farrell, President and CEO of The Futura Loyalty Group."We are excited about promoting Futura's product offering to our over 1200 auto dealer clients. Since launching its auto dealer focused program in March of this year, Futura has demonstrated that there is significant interest in the area of loyalty rewards amongst auto dealers based on the number of dealers they've signed contracts with. By leveraging our many communication channels with our dealer universe, we look forward to helping Futura grow its roster of participating dealers and ultimately seeing our dealer clients grow their respective businesses by leveraging Futura's offering," said Tom Langton, President and CEO of Co-Auto. Special thanks to Stockhouse for messing up the formatting on these posts!
Comment by
bigops on Sep 27, 2011 8:48am
HOLY SH#$.....this is FANTASTIC NEWS!!!
Comment by
jharbaugh on Sep 27, 2011 9:19am
:O!!! I guess you can take the upper end of my dealer forecast. 1000 by 2014 seems very achievable now.
Comment by
BayWall on Oct 16, 2011 3:49pm
In Western Canada, a company similar to Co-Auto Co-operative is Western Dealers Co-Auto. It's owned by franchised new car dealerships from Manitoba to BC. Whether they will become a strategic partner for Futura remains to be seen.
https://www.wdcoauto.com/supplier/about-us
Manitoba and Sask car dealerships could be next to join the Aeroplan program.
Comment by
BayWall on Dec 07, 2011 1:02pm
Back on October 16th:
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30292487&l=0&r=0&s=FUT&t=LIST