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Connexion Telematics Limited ( (AU:CXZ) ) has provided an update.
Connexion Mobility has signed an agreement with General Motors Canada to supply its OnTRAC software platform for the national rollout of GM Canada’s Enhanced Exposure Program, a modernised, technology-enabled evolution of its traditional exposure initiative. The program, launching nationally in February, will leverage GM vehicle connectivity and bilingual productivity tools to help Canadian dealers manage rental, courtesy transportation, and test-drive fleets more efficiently, strengthening Connexion’s relationship with GM and deepening its footprint in technology-driven automotive retail operations.
The deal embeds Connexion’s platform at the core of GM Canada’s customer-facing mobility offerings, positioning the company as a key software partner within the broader General Motors ecosystem. While Connexion states there are no additional material conditions or undisclosed factors affecting its securities, the agreement underscores growing demand for connected fleet management solutions and is expected to benefit dealers, customers, and other stakeholders across GM’s Canadian network.
The most recent analyst rating on (AU:CXZ) stock is a Buy with a A$0.03 price target. To see the full list of analyst forecasts on Connexion Telematics Limited stock, see the AU:CXZ Stock Forecast page.
More about Connexion Telematics Limited
Connexion Mobility Ltd is an ASX-listed, enterprise-grade mobility software company serving the global automotive retail industry. Its proprietary OnTRAC and Connexion platforms use embedded telemetry, fleet and contract management, and data analytics to help OEMs and dealerships manage courtesy transportation, rentals, and vehicle movements, powering thousands of U.S. dealerships to improve asset utilisation and customer experience.
YTD Price Performance: -3.85%
Average Trading Volume: 1,250,166
Technical Sentiment Signal: Sell
Current Market Cap: A$19.23M
See more data about CXZ stock on TipRanks’ Stock Analysis page.