Latest news with #RyanCurrie
Business Wire
5 days ago
- Automotive
- Business Wire
Tekion Expands OEM DMS Certifications in Canada, Announcing Partnership with Kia
PLEASANTON, Calif.--(BUSINESS WIRE)-- Tekion, innovator of the first cloud-native platform serving the entire automotive retail ecosystem, today announced its newest partnership with original equipment manufacturer (OEM) Kia Canada. Tekion Expands OEM DMS Certifications in Canada, Announcing Partnership with Kia. Share With this strategic collaboration, Canadian Kia dealers can now select Tekion's Automotive Retail Cloud (ARC) as their technology platform provider. ARC is the first and fastest cloud-native platform, including all functionalities of a DMS (dealer management system) and accompanying tech stack to run a seamless retail business. Powered by advanced AI and automation, ARC modernizes the end-to-end automotive retail journey, improves consumer experiences, and delivers the highest efficiencies to retailers through its cutting-edge platform. 'Our mission has always been to simplify and modernize automotive retail,' said Ryan Currie, Sr. Director Regional Business Operations at Tekion. 'Being selected as a certified DMS partner for Kia Canada allows us to extend our cutting-edge technology to Kia dealers who are looking for a more seamless, data-rich, and customer-centric solution.' Tekion's ARC DMS provides: An AI-powered platform to automate tasks and drive smarter decisions Real-time data and analytics to enhance operational decision-making Modern, intuitive user interfaces for improved dealership efficiency Integrated CRM, service, sales, and accounting workflows Open APIs for greater flexibility and third-party integrations To experience Tekion's end-to-end cloud-native platform in person, join us at the 2025 Automotive Conference & Expo in Niagara Falls (October 16 & 17) or at the 2025 Western Canadian Dealer Summit in Lake Louise (November 14 & 15). About Tekion Tekion is the first and fastest cloud-native platform for automotive retail. Powered by Tekion AI, its platform leverages intelligent automation, real-time insights, and advanced decision support to enhance employee and customer experiences across the dealership ecosystem. Positively disrupting auto retail for the first time in over 50 years, Tekion has challenged the paradigm with its revolutionary platform: Automotive Retail Cloud (ARC) for retailers, Automotive Enterprise Cloud (AEC) for manufacturers and large automotive enterprises, and Automotive Partner Cloud (APC) for technology and industry partners. Leveraging cutting-edge technology, big data and AI, Tekion unifies OEMs, dealers, and consumers—streamlining operations and enabling the most modern and efficient automotive retail experiences ever. For more information, visit
News.com.au
10-05-2025
- Business
- News.com.au
Reserve Bank rate cut forecast linked to Melb auction results that shot $300,000 past reserve
Multiple Melbourne homeowners have been left with shock home sale results that will see them walk away six figures better off than expected. In one of yesterday's most unexpected sales, a four-bedroom Victorian era house delivered a $1.175m result despite only having an $880,000 reserve price. In its first sale since 1946, the 16 Station St, Coburg, home had been the residence of the same family since the 1930s — when the moved in to it as tenants, before going on to purchase it off their landlord. Nelson Alexander's Ryan Currie recorded an $840,000 opening bid, with five bidders subsequently jumping in. In the end the bidding came down to a couple with a chihuahua, and a young man with his parents in tow. It went to the couple, but that didn't stop the underbidder heartily congratulating them afterwards. But Mr Currie said even more prospective bidders had cooled on the property overnight before the auction, choosing not to bid. 'It had the train line behind it, and while it had good bones, a number of people decided not to go so hard,' he said. Mr Currie added that it seemed with the prospect of an interest-rate cut in a week's time while some buyers had lost their nerve, a result $295,000 above expectations showed others had clearly felt that now was the time. Another blow out result in Ferntree Gully also left the vendors and agents in shock, in a further sign the market is anticipating home values to rise with future rate cuts. Jellis Craig's Andrew Luke had four bidders pursue 27 Stringybark Close, three of them downsizers. 'And they were cashed up and just ready to go,' Mr Luke said. While the home had a $1.4m reserve, the top of its price guide, the buyers had other ideas — driving the sale to a whopping $1.78m. 'All of the buyers had said prior they couldn't go much past the advertised price,' he said. 'But in my preamble I said to everyone 'buy now', as if it's a half a per cent cut in May, we know that when interest rates go down, prices go up.' The agent added that home sellers with a single-level floorplan were particularly well placed for strong sales.
