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Armada Data Corp V.ARD

Armada Data Corporation is a Canada-based information and marketing services company. The Company is engaged in providing real-time data to institutional and retail customers, through developing, owning and operating automotive pricing-related Web sites and providing information technology and marketing services to its clients. The Company’s segments include Insurance Services, CarCostCanada, and Information Technology (IT) Services. The Insurance Services division is engaged in the sale of total-loss replacement vehicle reports to Canadian insurance companies. The CarCostCanada division is engaged in the sale of new car pricing data to consumers primarily through the Company’s flagship Website www.CarCostCanada.com and reselling of new car pricing data to qualified third party vendors. The Information Technology division supplies Web and email hosting, technical support and network support services (for both internal and retail users) and the resale of hardware and software solutions.


TSXV:ARD - Post by User

Post by ranmanon Jun 03, 2022 7:33am
188 Views
Post# 34728940

Does Armada have a plan for the way of the future?

Does Armada have a plan for the way of the future?I hope so, for the remaining ARD longs.

Ford CEO wants EV sales to be ‘100%’ online (yahoo.com)

In a speech today at an IBM conference, Farley described a future where Ford dealerships would no longer stock inventory but serve as customer service centers for picking up online orders or repairing existing vehicles — with buyers also having the option for home delivery. 

In this hypothetical scheme, eliminating car dealerships would put an end to haggling with salespeople.
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