Pinewood Applied sciences Group PLC has signed a five-year contract with Volkswagen Group Japan to deploy its cloud-based platform throughout roughly 350 Volkswagen and Audi dealerships in Japan, in line with a press launch.
The UK-headquartered software program supplier mentioned the settlement marked a “important new buyer base” and was aligned with its strategic objectives.
The roll-out and related revenues are anticipated to start within the first half of 2026.
Pinewood, which grew to become an impartial entity in 2024 following the sale of Pendragon PLC’s UK motor and leasing divisions to Lithia Motors Inc, develops cloud-based retail techniques for automotive retailers and OEMs.
Volkswagen Group Japan imports automobiles and parts for each the Volkswagen and Audi marques and operates a community of authorised dealerships nationwide.
Lennart Nigmann, Group Community Administration Director of Volkswagen Group Japan, mentioned the platform would permit vendor companions to enhance each “buyer expertise and effectivity”, highlighting the good thing about “seamless integration” with current Volkswagen Group techniques.
Pinewood CEO Invoice Berman mentioned the corporate was “thrilled” to be working with Volkswagen Group Japan and reiterated Pinewood’s ambition to make Japan a core strategic market, including the agency hoped to “add different OEMs in Japan as prospects sooner or later.”
The software program enterprise serves over 30,000 customers throughout 21 international locations and maintains partnerships with over 50 OEM manufacturers.
“Pinewood Applied sciences indicators 5-year software program take care of VW Group Japan” was initially created and printed by Motor Finance On-line, a GlobalData owned model.
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