CXZ connexion mobility ltd

The next chapter - FY21 and beyond, page-93

  1. 63 Posts.
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    Although subscription volumes in GMs OnTrac have decreased due to COVID, I think there is significant growth opportunities within the GM ecosystem in the long term if you look at GMs vehicle market share in key markets.

    https://hotcopper.com.au/data/attachments/2646/2646528-2948df9da52d52487fe4806026d4323c.jpg
    In 2019, GM had a 12.2% market share in China, 15.5% in South America and 2.7% in Asia/Pacific, Middle East and Africa. If GM decides to expand OnTrac to these areas, it could result in rapid international growth, especially if CXZ's strategy of embedding themselves in DMS & insurers is successful in accelerating negotiations with other OEMs.
 
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