The Auto Chanel

PLANO, Texas–(BUSINESS WIRE)–TrueSpot, a new Internet of Things (IOT) asset location platform developer today announced the commercial launch of the industry’s first real-time mapping and inventory solution for automotive dealers.

The new technology was designed to solve one of today’s biggest challenges for auto dealers – asset and operations management. Auto dealers can spend more than $10,000 per month to replace lost vehicle keys and can waste hours of employee time tracking down cars, keys and other assets. This often results in creating frustrated, waiting customers and lost revenue. TrueSpot’s new platform dramatically reduces or eliminates these costs, while adding new capabilities that boost productivity and sales performance.

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