Irving, Texas, and Littleton, Colorado – 1/7/2025 — TrueSpot, an award-winning pioneer in real-time location services (RTLS) technology, and PassTime, an award-winning provider of asset tracking and vehicle monitoring, are pleased to announce a strategic partnership aimed at revolutionizing asset management and location tracking for the automotive industry.

This collaboration brings together TrueSpot's multi-patented  AQFind™ Location Platform as a Service (LPaaS) with PassTime's innovative InTouch VP®, a battery-powered asset tracking and theft recovery solution. By integrating TrueSpot’s RTLS (Real-Time Location System) capabilities with PassTime’s reliable GPS-powered asset tracking solutions, automotive dealerships will experience enhanced asset visibility and protection both on and off the lot, streamlined operations, increased PVR, and improved customer service.

“Joining forces with PassTime marks an exciting advancement in our mission to deliver superior location services and location intelligence which  drive incredible operational efficiencies and customer satisfaction,” said Mike Hanna, Founder and CEO of TrueSpot. “This partnership allows us to expand our reach and deepen the value we bring to automotive dealerships, combining the precision of on campus RTLS with the power of GPS tracking to create a best-in-class solution for tracking assets, vehicles, and keys.”

“This partnership with TrueSpot is going to be one of the most complete location technology programs and revolutionary for dealerships across the industry. TrueSpot’s ability to track assets, vehicles, and keys is one of the best automotive inventory management solutions available on the market. By integrating with PassTime’s InTouch VP, dealers will have unmatched inventory visibility and theft protection with the added benefit of increasing PVR by selling InTouch VP to vehicle buyers,” stated Ryan Schwarz, Vice President of PassTime’s InTouch division.

Key Benefits of the TrueSpot and PassTime Partnership:

• Enhanced Asset Visibility: Dealerships can now access real-time location data of assets, vehicles, and keys with accuracy, enabling quick asset recovery and seamless inventory management.
• Enhanced Asset Protection: Dealerships will now have an added layer of protection against vehicle theft from their lot and the ability to track test drives while off lot, and loaner vehicles by adding GPS asset tracking to their inventory management.
• Operational Efficiency: By combining RTLS and GPS, dealerships will get the best of both technologies to reduce time spent searching for vehicles and assets, enhancing productivity and reducing costs.
• Increased PVR: Dealerships can add InTouch VP into their F&I offering to boost PVR by reselling the GPS-powered theft recovery and vehicle monitoring solution to vehicle buyers. 
• Integrated Dashboard: The partnership provides a single, intuitive dashboard that centralizes all asset data, allowing dealerships to monitor location and status in real-time.

About TrueSpot

Founded in 2017 by wireless, location and mobile technology experts, TrueSpot is a pioneer in Real Time Location Systems (RTLS) and location-intelligent operations. With its end-to-end solution, multiple patents, and the proprietary AQFind Platform, TrueSpot enables transformational operations improvement by eliminating missing & lost assets, saving lost time, increasing tech time and automating workflows with powerful new insights and business intelligence. TrueSpot’s  plug-n-play RTLS solution is deployed in over 400 campuses across the US, Canada and Puerto Rico.

About PassTime

PassTime, a leading Location Solutions Provider specializing in asset tracking solutions, has been in business for over 30 years. PassTime Solutions utilize leading-edge technologies to help connect, monitor, and protect a wide range of mobile assets across a multitude of industries including automotive, powersports, RVs, trailers, fleet, healthcare and more. The company prides itself on high-quality, reliable products and unmatched customer support. For more information, visit: https://passtimegps.com . Find us on Facebook at: PassTimeGPS or Linkedin at: PassTime.