S&P Global Market Intelligence Launches Renewable Energy Credit Pricing Forecasts

NEW YORK, Feb. 1, 2021 /PRNewswire/ — S&P Global Market Intelligence today introduces its Renewable Energy Credit (REC) Price Forecast dataset as part of its Power Forecast series. This new dataset enables market participants to analyze and assess the value of wholesale renewable electricity in the U.S.

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NEW YORK, Feb. 1, 2021 /PRNewswire/ — S&P Global Market Intelligence today introduces its Renewable Energy Credit (REC) Price Forecast dataset as part of its Power Forecast series. This new dataset enables market participants to analyze and assess the value of wholesale renewable electricity in the U.S.

Renewable Energy Credits are often used to offset carbon emissions of a company or as a way for organizations to reach 100% renewable sources. S&P Global Market Intelligence’s new REC price forecast will provide insight into new revenue streams for energy facilities that are looking to be compensated for the value of their renewable energy.

«As global energy markets continue to shift their reliance on fossil fuels to alternative sources, organizations may look to RECs to help comply with increasing green energy mandates,» said Steve Piper, Research Director for Energy at S&P Global Market Intelligence. «With more RECs are being purchased, the demand and production of renewable energy increases. This new pricing forecast will provide differentiated insights into the value of renewable energy and give investors participating in this market the ability to forecast the green premium for energy transition, helping them make informed-decisions.»

While REC pricing today is currently strong across several New England states, developer interest in the region has grown as have commitments to offshore wind in multiple states. S&P Global Market Intelligence projects that increasingly favorable wholesale power economics and expanding contributions from offshore wind may pressure New England REC prices lower in the years ahead.

A REC is created for every one-megawatt hour (MWh) of electricity generated and delivered it to the grid. The green benefits of generating electricity using renewable sources can then be sold to other entities via RECs on the open market. RECs are often used to offset carbon emissions of a company and as a path to achieving 100% renewable electricity use.

This newly introduced S&P Global Market Intelligence forecast complements the Market Intelligence platform’s current REC index prices providing information on unbundled RECs, and the current price of these instruments. The REC Pricing Forecast will also allow market participants to:

  • Estimate environmental compliance costs to utilities that rely heavily on fossil fuels;
  • Identify which market each green asset sells into and tie that identification to a REC projection;
  • Project financial impacts of regulatory changes and renewable power generation mandates.

For more information about S&P Global Market Intelligence’s Power Forecast insights, please visit here.

About S&P Global Market Intelligence
At S&P Global Market Intelligence, we understand the importance of accurate, deep and insightful information. We integrate financial and industry data, research and news into tools that help track performance, generate alpha, identify investment ideas, perform valuations and assess credit risk. Investment professionals, government agencies, corporations and universities around the world use this essential intelligence to make business and financial decisions with conviction.

S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI), the world’s foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets, offering ESG solutions, deep data and insights on critical business factors. S&P Global has been providing essential intelligence that unlocks opportunity, fosters growth and accelerates progress for more than 160 years. For more information, visit www.spglobal.com/marketintelligence.

Media Contact
Amanda Oey
S&P Global Market Intelligence
+1 212-438-1904
amanda.oey@spglobal.com 

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SOURCE S&P Global Market Intelligence

SunPower and EagleView Automate Home Survey Process for Faster, More Precise Solar Installations

SAN JOSE, Calif., Feb. 1, 2021 /PRNewswire/ — SunPower (NASDAQ:SPWR), a leading solar technology and energy services provider, and EagleView, a leading technology provider of aerial analytics, today announced a new agreement to reduce solar installation timelines and costs. SunPower has combined EagleView’s high-resolution Roof Reports with the new mySunPower™ Home Survey app, enabling our solar installers and contractors to create precise, construction-ready solar designs without a home visit….

SAN JOSE, Calif., Feb. 1, 2021 /PRNewswire/ — SunPower (NASDAQ:SPWR), a leading solar technology and energy services provider, and EagleView, a leading technology provider of aerial analytics, today announced a new agreement to reduce solar installation timelines and costs. SunPower has combined EagleView’s high-resolution Roof Reports with the new mySunPower™ Home Survey app, enabling our solar installers and contractors to create precise, construction-ready solar designs without a home visit. The feature set is now available to the company’s nationwide network of more than 600 SunPower residential dealers.  

Every new solar installation requires a custom design tailored to the home’s unique roof and electrical system. This is traditionally done with an in-person survey, which requires professionals to assess the house and take roof measurements, either via drone or manually. With constraints including customer schedules, weather, drone training and certification, in-person surveys are cumbersome for homeowners, costly for installers, and extend solar installation cycle timelines.

The mySunPower Home Survey app with EagleView Roof Reports provides installers all the information they need to create final solar designs without site visits. The app is designed to replace ladder-climbing and drone photography with industry-first machine learning technology. Straight from the app, homeowners take photos of their home’s structural and electrical components from ground level. SunPower’s patent-pending artificial intelligence software automatically evaluates images and provides real-time feedback to homeowners on photo completeness and clarity. EagleView Roof Reports include aerial imagery and proprietary 3D models that clarify roof characteristics with unprecedented accuracy.  

By removing the in-person site survey, SunPower can reduce project cycle times by up to two weeks and eliminate costs associated with sending a site surveyor to the home.

«By pairing our proprietary software with EagleView’s innovative technology, we can reduce solar soft costs and create a better customer experience,» said Norm Taffe, Executive Vice President, SunPower. «EagleView was an obvious choice given their up-to-date aerial imagery from their aircraft fleet, high-resolution 3D models, and short turnaround time for roof reports.»

For more than 20 years, EagleView has been capturing high-resolution oblique and orthogonal aerial imagery with proprietary camera systems installed on their own low-flying aircraft. With patented and proven computer vision technologies, EagleView digitizes structures to generate highly accurate three-dimensional models of homes delivered as their Inform™ for Solar product line. These 3D models have been delivered as a variety of data sets for various industries for over a decade.

«We are excited to see this level of innovation by SunPower empowered by our data,» said Piers Dormeyer, President, Construction & Utilities at EagleView. «We look forward to helping homeowners across the United States go solar.»

For more information about becoming a SunPower dealer, visit: https://us.sunpower.com/dealers-installers/become-sunpower-dealer

About EagleView
EagleView is a leader in aerial imagery, machine learning-derived data analytics and software, helping customers in different industries use property insights for smarter planning, building, and living. With more than 200 patents, EagleView pioneered the field of aerial property measurements and has the largest multi-modal image database in history, covering 98 percent of the U.S. population. Flying over 9.5 million linear miles every year, EagleView’s coverage is the most extensive and up to date, enabling local government and business customers to use the most accurate data to make timely and informed decisions. For more information, visit www.eagleview.com or call (866) 659-8439, and follow @EagleViewTech.

About SunPower
Headquartered in California’s Silicon Valley, SunPower (NASDAQ:SPWR) is a leading Distributed Generation Storage and Energy Services provider in North America. SunPower offers the only solar + storage solution designed and warranted by one company that gives customers control over electricity consumption and resiliency during power outages while providing cost savings to homeowners, businesses, governments, schools and utilities. For more information, visit www.sunpower.com.

Forward-Looking Statements

This press release contains «forward-looking statements» within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding new technology and the anticipated benefits thereof, including impacts on cost and installation precision and timing. These forward-looking statements are based on our current assumptions, expectations, and beliefs and involve substantial risks and uncertainties that may cause results to materially differ from those expressed or implied by these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, potential technical issues, regulatory changes and the availability of economic incentives promoting use of solar energy, and fluctuations or declines in the performance of our solar panels and other products and solutions. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission (SEC) from time to time, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading «Risk Factors.» Copies of these filings are available online from the SEC or on the SEC Filings section of our Investor Relations website at investors.sunpowercorp.com. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.

©2021 SunPower Corporation.  All Rights Reserved.  SUNPOWER, the SUNPOWER logo and MYSUNPOWER are trademarks or registered trademarks of SunPower Corporation in the U.S.

 

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SOURCE SunPower Corp.

UK Government Renews Global Healthcare Contract With Healix International

LONDON, Feb. 1, 2021 /PRNewswire/ — Global travel risk management and international medical and security assistance provider, Healix International, has won an Open Procurement Procedure to be appointed by the UK Government to look after the global healthcare of its 25,000 travelling and overseas workers until 2025. The contract, under the One HMG banner, is the third successive renewal with Healix International and means it is now entering its tenth year of 24/7 365 day care for…

LONDON, Feb. 1, 2021 /PRNewswire/ — Global travel risk management and international medical and security assistance provider, Healix International, has won an Open Procurement Procedure to be appointed by the UK Government to look after the global healthcare of its 25,000 travelling and overseas workers until 2025. The contract, under the One HMG banner, is the third successive renewal with Healix International and means it is now entering its tenth year of 24/7 365 day care for government staff and their families overseas. Working for 19 different departments including the Ministry of Defence (MOD), Foreign, Commonwealth & Development Office (FCDO), the 5 year contract also includes an option to extend for a further two years, until 2027.

Central to the renewal of the Healix International contract was the commitment to ensure that government staff and their families receive a level of care equivalent to the NHS, even though healthcare in many of the countries in which they work operates at lower standards. The comprehensive health screening of UK government staff and their families before they go abroad was another crucial facet of the contract, ensuring that medical risks are anticipated and mitigated against wherever possible. The low level of medical repatriations carried out over the last contract period is testament to the effectiveness of the Healix screening process, combined with the high quality local medical support where it is needed.

As part of the five year contract Healix also delivers occupational health support for staff from FCDO and FCDO Services, two key government departments, as well as mental health support for all government employees abroad. Greater focus has been placed on digitisation of processes, including the creation of a brand new One HMG global healthcare hub, enabling government staff and families to access all the medical resources they need from one centre of excellence.

«UK government staff and families live and work in over 190 different countries, with varying degrees of local medical care», explained Russell Smith, Director of Government Services, Healix International. «It’s vital, therefore, that they know they and their families can access the healthcare support they need – to the same standards they would expect if they were in the UK.  We like overseas staff and their families to think of us as their overseas GP, where they can access all levels of primary and secondary medical healthcare just when they need it.»

The far-reaching package of care will incorporate:

  • Medical screening and risk mitigation for all travellers, overseas staff and their families
  • Elective and non-elective primary and secondary healthcare globally
  • Medical advice and second opinion
  • Emergency medical evacuation and repatriation
  • On-going medical case management
  • Ability to provide medical staff at overseas locations if required
  • Occupational Health for FCDO and FCDO Services employees abroad and in the UK including psychological assessments and remote support in the more difficult environments.

Mike Webb, CEO of Healix International added: «Now in our tenth year of working for the British government, I believe that the success of our longstanding relationship is down to keeping one step ahead of the changing requirements needed to keep the government’s overseas staff and their families, and their travelling workers, supported across all aspects of their healthcare. In particular, as awareness of mental health issues increasingly comes to the forefront of society, we’re delighted to be extending the range of services we provide to government workers to include mental wellbeing support.

«This latest renewal of our contract will also see us capitalise on digital innovation to provide government staff and their families with an ever-more streamlined process to access information and medical assistance when they need it. Combined with our cost containment expertise, this means we can give government departments the confidence that the right care is provided to their employees whilst effectively managing their healthcare budgets.»

About Healix International

Healix International is a global provider of travel risk management and international medical, security and travel assistance services. Working on behalf of multinationals, governments, NGOs and insurers they look after the welfare of expatriates, travellers, offshore workers and local nationals in every country of the world. Healix provide a comprehensive, integrated range of solutions to help safeguard the health and security of their clients’ employees, providing a single point of contact to access the expertise and help they may need, wherever they are in the world, 24/7.

www.healix.com

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SOURCE Healix International

Waikiki’s Kaimana Beach Hotel Debuts New Look and Reimagined Hau Tree by James Beard Award-Nominated Chef Chris Kajioka

HONOLULU, Hawaii, Feb. 1, 2021 /PRNewswire-PRWeb/ — Located at Waikiki’s best address along the Gold Coast of Honolulu, Kaimana Beach Hotel today unveils a refreshed look led by Private Label Collection, a Hawaii-based full-service luxury hospitality management company. Situated directly on the sands of Kaimana Beach, which means «diamond» in Hawaiian, the 122-room hotel…

HONOLULU, Hawaii, Feb. 1, 2021 /PRNewswire-PRWeb/ — Located at Waikiki’s best address along the Gold Coast of Honolulu, Kaimana Beach Hotel today unveils a refreshed look led by Private Label Collection, a Hawaii-based full-service luxury hospitality management company. Situated directly on the sands of Kaimana Beach, which means «diamond» in Hawaiian, the 122-room hotel has been an integral part of the fabric of Waikiki for more than five decades and now features a modern-boho aesthetic designed by Hawaii-based interior design firm Henderson Design Group. The powerhouse culinary team behind Hotel Wailea, Hawaii’s only Relais and Châteaux, Private Label Collection founder Jonathan McManus and James Beard-nominated Chris Kajioka, bring their award-winning style of «culinary casual dining» to the iconic Hau Tree restaurant. Collaborating with executive chef and local legend Alan Takasaki (Le Bistro) a new dinner menu based around sharing plates and conversational dining in a redesigned open-air space debuts, along with an all-day rosé weekend beach brunch.

«All of us at Private Label Collection are thrilled to craft a new era for the Kaimana Beach Hotel,» said Jonathan McManus, Founder, Private Label Collection. «As we look to the future of Hawaii, it’s more important than ever to offer independent, free-thinking experiences for guests to connect to our world-class sense of place.»

Island Inspired Design
Henderson Design Group was tapped to completely re-envision the lobby, Hau Tree, sunset bar, private dining room and five top floor suites with spacious outdoor balconies. The interiors expertly meld a vintage, lived in look with a crisp, beach house vibe that invites one to sit, relax and enjoy a multitude of views. From the moment guests enter the rotunda, eyes are immediately drawn through the lobby which features an eclectic mix of new and upcycled furniture and textiles, straight to the lanai of Hau Tree and the fluorescent blues of Kaimana Beach’s waters. Teak woods and oversized woven basket lighting warm the space and vertical lines throughout contribute to the open-air feeling. Artful interpretations of Hawaii’s history shine through in eclectic arrangements of vintage and new art on gallery style walls throughout the lively lobby – the social hub of the hotel – creating fun conversation points for couples and groups of friends to share over drinks amongst boho-style seating spaces.

With 122 rooms, many with stunning floor to ceiling windows and dramatic views of either Kaimana Beach or Diamond Head, Henderson Design Group took full advantage of the mid-century architecture. Five new suites on the top floor of the hotel are completely reimagined and are sure to be the most requested accommodations. The Pacific Suite is 838 square feet of island-style living featuring palm print and shibori wallpapers, bright pillows in a rainbow of fabrics and comfortable furnishings that make any hour, happy hour. All of the hotel’s ocean view and ocean front suites boast oversized balconies that appear to float above the Pacific Ocean and provide the perfect respite to watch the sunset, sunrise and take a break from working remotely.

Culinary Casual Dining
One of the only locations where you can dine steps from the sand, Hau Tree is the newest revitalized dining destination in Waikiki. In his first ever beachfront restaurant, Chef Chris Kajioka brings a new iteration of «culinary casual dining» to Hau Tree, collaborating with Executive Chef and local legend Alan Takasaki to debut a menu based around sharing plates. Featured dishes include Kahuku Corn Salad Salad with Sherry Vinaigrette, for the first course, Grilled Washugyu Flank with Charred Radicchio and Horseradish Gremolata or Grilled Kanpachi with Sea Asparagus Vierge for the second course and sweet treats including Yuzu Tart with Sour Cream and MacNut Brittle or Japanese Cheesecake with Clementine. Guests can enhance their dining experience with creative snacks such as Mussel Escabeche «Toast» with Umami Aioli and Herb Salad or Trout Roe Verrine with Smoked Egg Mousse, Crème Fraiche and Spiced Potato Chips.

The bar program, led by local mixologist Jen Ackrill (San Francisco’s modern craft cocktail bar Rye and local Oahu favorites Pint & Jigger, Sky and Top of Waikiki), transforms Hau Tree into one of the best spots in Waikiki to enjoy sunset cocktails. The Hau Tree cocktail menu is designed for the liquid traveler whether they are visiting the hotel or just stopping in for a quick pau hana drink; there is a cocktail for every person, from the sometimes forgotten vodka soda fan to the nerdy cocktailian. The drinks are designed to excite and pique conversation with nods to the classics and reworks of some favorite beach cocktails. Highlights include the Kaimana Cocktail with Coconut Washed Brokers Gin, Apricot Liqueur and Gran Classico Bitter and the Hau Tree made with Hibiscus Infused Pau Vodka, Yuzu and Lavender. Hau Tree is also the only place on Oahu where guests can enjoy water by Mananalu – actor Jason Momoa’s aluminum canned water company that is dedicated to stopping single-use plastics and providing recyclable alternatives.

With Chef Kajioka bringing back new interpretations of wildly popular beloved dishes such as the Hau Tree Eggs Benedict, Ahi Burger and Lemon Ricotta Pancakes, Hau Tree is destined to be the «see and be seen» all-day rosé brunch spot on Saturdays and Sundays. The desirable beachfront open-air venue seamlessly transitions to an intimate, lantern lit dinner location as the namesake Hau trees whisper at sunset.

Live Like a Local
Taking full advantage of being located on one of Waikiki’s quietest beaches and best surf breaks, the hotel offers Kaimana Beach Club amenities, which is included in every guest stay, and features access to fitness classes, lei making, Electra cruiser bikes, surfboard rentals through Kai Sallas’ Pro Surf School, Peligo beach chairs, plush beach towels and access to a club concierge.

Fostering a deep connection to community, Kaimana Beach Hotel will also exclusively offer guests the opportunity to take surf lessons from celebrated long boarder and local Kai Sallas. The 2018 ISA World longboard surfing champion will teach guests how to surf on an uncrowded beginner-friendly surf spot steps away from the property, right where the sport of surfing took shape.

«Everyone at Kaimana Beach Hotel takes deep pride in introducing guests to our Hawaiian culture,» said Ha’aheo Zablan, General Manager, Kaimana Beach Hotel. «I was born and raised in Hawaii along with many of the key players from our culinary, ownership and management teams, so all of the experiences we create at the hotel stem from our shared history here on the islands.»

Guests can now experience the reimagined Kaimana Beach Hotel with rates starting at $199/night and suites starting at $699/night. For more information about Kaimana Beach Hotel or to book a stay, please visit: http://www.kaimana.com or Instagram @kaimanabeach and Facebook at http://www.facebook.com/KaimanaHI

About Private Label Collection
As a full-service small luxury hotel management company founded by Jonathan McManus specializing in rebranding and transitions, Private Label Collection works with a handpicked ensemble of exceptional properties, each with its own distinctive character and sense of place. Private Label’s sophisticated leadership team takes a non-corporate approach in assisting hotel owners to position and manage their unique properties in order to deliver owner returns on investment. Operating in close partnership with owners, the team handcrafts each strategy to deliver finely tuned marketing, relevant and efficient operations, and memorable guest experiences. For more information, please visit http://private-label-collection.com/.

About BlackSand Capital
BlackSand Capital is a real estate private equity firm based in Honolulu, Hawaii. Founded in 2010, BlackSand Capital is focused on opportunistic investments in direct real estate, structured finance, ground-up real estate developments, and land acquisition, and stands out as the only Hawaii-based real estate private equity manager exclusively focused on investing across all property sectors in the State of Hawaii.

About Tsukada Global Holdings Inc.
Tsukada Global Holdings Inc. is a pioneer in the wedding business and has grown over the past 25 years to become an innovative owner and operator of luxury hospitality, entertainment, restaurant, and event venues throughout the world. Tsukada Global Holdings Inc. currently operates five hotels throughout Japan, including the Hotel Intercontinental Tokyo Bay, The Strings by Intercontinental Tokyo, Kimpton Shinjuku Tokyo, The Strings Hotel Nagoya, and The Strings Hotel Yagoto Nagoya. For more information, please visit https://tsukada-global.holdings/en/

Media Contact

Kimi Ozawa, The Point PR, +1 310-488-9449, kimi@thepointpr.com

Laura Notaro, The Point PR, 310-855-4362, laura@thepointpr.com

 

SOURCE Kaimana Beach Hotel

Lexus Unveils New Digital Retail Experience

PLANO, Texas, Feb. 1, 2021 /PRNewswire-HISPANIC PR WIRE/ — Lexus has officially unveiled the Monogram retail experience, providing guests flexibility in how they buy their next Lexus. Working hand-in-hand with dealerships across the United States to integrate the online and in-store retail experience, Lexus is piloting a retail program providing guests more control over how they purchase their vehicle, increased transparency into current inventory and real-time…

PLANO, Texas, Feb. 1, 2021 /PRNewswire-HISPANIC PR WIRE/ — Lexus has officially unveiled the Monogram retail experience, providing guests flexibility in how they buy their next Lexus. Working hand-in-hand with dealerships across the United States to integrate the online and in-store retail experience, Lexus is piloting a retail program providing guests more control over how they purchase their vehicle, increased transparency into current inventory and real-time pricing, and flexibility to shop when and how they want.

Developed in partnership with Toyota Motor North America (TMNA) and Lexus Financial Services (LFS) in response to shifting consumer purchase preferences, Monogram offers a flexible shopping experience befitting the Lexus brand.

Lexus’ Monogram technology puts the car buying process in the hands of the guest, providing an integrated user experience across Lexus.com, the dealership website and the physical dealership store. Customers can choose the path that works best for them by starting their journey online, saving their progress in the «digital garage» to pick up where they left off at the dealer, or completing their purchase at home or at their Monogram dealer.

For Lexus dealerships, the new technology integrates with current inventory, the customer relationship management system (CRM) and directly with financing through LFS, allowing sales associates the opportunity to better understand customers wants and needs, while accessing time-saving tools, enhanced analytics and advanced lead handling that allows the dealer to pick up right where the guest left off online.

«Our goal is to create greater transparency with our guests and efficiency for our dealers – whether that’s in the showroom or online,» said Andrew Gilleland, group vice president and general manager, Lexus Division. «From increased flexibility for guests to enhanced technology for our dealers, Monogram provides our brand the tools to anticipate guest expectations today and into the future.» 

Monogram is currently being piloted in select markets with plans to aggressively accelerate availability through 2021.  An  all-new Monogram complete online experience, which expands to allow customers the ability to complete their purchase online, will roll out market by market starting in Spring 2021.

The new online retail experience is also available to Toyota customers through Toyota SmartPath. You can learn more about SmartPath, here.

Lexus’ passion for brave design, imaginative technology, and exhilarating performance enables the luxury lifestyle brand to create amazing experiences for its guests. Lexus began its journey in 1989 with two luxury sedans and a commitment to pursue perfection. Since then, Lexus has developed its lineup to meet the needs of global luxury guests in more than 90 countries. In the United States, Lexus vehicles are sold through 242 dealers offering a full lineup of luxury vehicles. With six models incorporating Lexus Hybrid Drive, Lexus is the luxury hybrid leader. Lexus also offers eight F SPORT models and two F performance models. Lexus is committed to being a visionary brand that anticipates the future for luxury guests.

www.facebook.com/lexus
www.twitter.com/lexus
www.youtube.com/LexusVehicles
https://plus.google.com/+Lexus/posts
www.instagram.com/lexususa

Note to Editors: Lexus product information and images are available online via our news media web site http://LexusNewsroom.com

MEDIA CONTACT:                                                                                                 
Amanda Roark
469-292-2636
Amanda.Roark@lexus.com

Lexus Logo

Photo – https://mma.prnewswire.com/media/1430110/Monogram_Image.jpg
Logo – https://mma.prnewswire.com/media/1428802/Lexus_Logo.jpg  

SOURCE Lexus

Lexus Unveils New Digital Retail Experience

PLANO, Texas, Feb. 1, 2021 /PRNewswire/ — Lexus has officially unveiled the Monogram retail experience, providing guests flexibility in how they buy their next Lexus. Working hand-in-hand with dealerships across the United States to integrate the online and in-store retail experience, Lexus is piloting a retail program providing guests more control over how they purchase their vehicle, increased transparency into current inventory and real-time pricing, and…

PLANO, Texas, Feb. 1, 2021 /PRNewswire/ — Lexus has officially unveiled the Monogram retail experience, providing guests flexibility in how they buy their next Lexus. Working hand-in-hand with dealerships across the United States to integrate the online and in-store retail experience, Lexus is piloting a retail program providing guests more control over how they purchase their vehicle, increased transparency into current inventory and real-time pricing, and flexibility to shop when and how they want.

Developed in partnership with Toyota Motor North America (TMNA) and Lexus Financial Services (LFS) in response to shifting consumer purchase preferences, Monogram offers a flexible shopping experience befitting the Lexus brand.

Lexus’ Monogram technology puts the car buying process in the hands of the guest, providing an integrated user experience across Lexus.com, the dealership website and the physical dealership store. Customers can choose the path that works best for them by starting their journey online, saving their progress in the «digital garage» to pick up where they left off at the dealer, or completing their purchase at home or at their Monogram dealer.

For Lexus dealerships, the new technology integrates with current inventory, the customer relationship management system (CRM) and directly with financing through LFS, allowing sales associates the opportunity to better understand customers wants and needs, while accessing time-saving tools, enhanced analytics and advanced lead handling that allows the dealer to pick up right where the guest left off online.

«Our goal is to create greater transparency with our guests and efficiency for our dealers – whether that’s in the showroom or online,» said Andrew Gilleland, group vice president and general manager, Lexus Division. «From increased flexibility for guests to enhanced technology for our dealers, Monogram provides our brand the tools to anticipate guest expectations today and into the future.» 

Monogram is currently being piloted in select markets with plans to aggressively accelerate availability through 2021.  An  all-new Monogram complete online experience, which expands to allow customers the ability to complete their purchase online, will roll out market by market starting in Spring 2021.

The new online retail experience is also available to Toyota customers through Toyota SmartPath. You can learn more about SmartPath, here.

Lexus’ passion for brave design, imaginative technology, and exhilarating performance enables the luxury lifestyle brand to create amazing experiences for its guests. Lexus began its journey in 1989 with two luxury sedans and a commitment to pursue perfection. Since then, Lexus has developed its lineup to meet the needs of global luxury guests in more than 90 countries. In the United States, Lexus vehicles are sold through 242 dealers offering a full lineup of luxury vehicles. With six models incorporating Lexus Hybrid Drive, Lexus is the luxury hybrid leader. Lexus also offers eight F SPORT models and two F performance models. Lexus is committed to being a visionary brand that anticipates the future for luxury guests.

www.facebook.com/lexus
www.twitter.com/lexus
www.youtube.com/LexusVehicles
https://plus.google.com/+Lexus/posts
www.instagram.com/lexususa

Note to Editors: Lexus product information and images are available online via our news media web site http://LexusNewsroom.com

MEDIA CONTACT:                                                                                                 
Amanda Roark
469-292-2636
Amanda.Roark@lexus.com

 

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SOURCE Lexus

Lexus Unveils New Digital Retail Experience

PLANO, Texas, Feb. 1, 2021 /PRNewswire-HISPANIC PR WIRE/ — Lexus has officially unveiled the Monogram retail experience, providing guests flexibility in how they buy their next Lexus. Working hand-in-hand with dealerships across the United States to integrate the online and in-store retail experience, Lexus is piloting a retail program providing guests more control over how they purchase their vehicle, increased transparency into current inventory and real-time…

PLANO, Texas, Feb. 1, 2021 /PRNewswire-HISPANIC PR WIRE/ — Lexus has officially unveiled the Monogram retail experience, providing guests flexibility in how they buy their next Lexus. Working hand-in-hand with dealerships across the United States to integrate the online and in-store retail experience, Lexus is piloting a retail program providing guests more control over how they purchase their vehicle, increased transparency into current inventory and real-time pricing, and flexibility to shop when and how they want.

Developed in partnership with Toyota Motor North America (TMNA) and Lexus Financial Services (LFS) in response to shifting consumer purchase preferences, Monogram offers a flexible shopping experience befitting the Lexus brand.

Lexus’ Monogram technology puts the car buying process in the hands of the guest, providing an integrated user experience across Lexus.com, the dealership website and the physical dealership store. Customers can choose the path that works best for them by starting their journey online, saving their progress in the «digital garage» to pick up where they left off at the dealer, or completing their purchase at home or at their Monogram dealer.

For Lexus dealerships, the new technology integrates with current inventory, the customer relationship management system (CRM) and directly with financing through LFS, allowing sales associates the opportunity to better understand customers wants and needs, while accessing time-saving tools, enhanced analytics and advanced lead handling that allows the dealer to pick up right where the guest left off online.

«Our goal is to create greater transparency with our guests and efficiency for our dealers – whether that’s in the showroom or online,» said Andrew Gilleland, group vice president and general manager, Lexus Division. «From increased flexibility for guests to enhanced technology for our dealers, Monogram provides our brand the tools to anticipate guest expectations today and into the future.» 

Monogram is currently being piloted in select markets with plans to aggressively accelerate availability through 2021.  An  all-new Monogram complete online experience, which expands to allow customers the ability to complete their purchase online, will roll out market by market starting in Spring 2021.

The new online retail experience is also available to Toyota customers through Toyota SmartPath. You can learn more about SmartPath, here.

Lexus’ passion for brave design, imaginative technology, and exhilarating performance enables the luxury lifestyle brand to create amazing experiences for its guests. Lexus began its journey in 1989 with two luxury sedans and a commitment to pursue perfection. Since then, Lexus has developed its lineup to meet the needs of global luxury guests in more than 90 countries. In the United States, Lexus vehicles are sold through 242 dealers offering a full lineup of luxury vehicles. With six models incorporating Lexus Hybrid Drive, Lexus is the luxury hybrid leader. Lexus also offers eight F SPORT models and two F performance models. Lexus is committed to being a visionary brand that anticipates the future for luxury guests.

www.facebook.com/lexus
www.twitter.com/lexus
www.youtube.com/LexusVehicles
https://plus.google.com/+Lexus/posts
www.instagram.com/lexususa

Note to Editors: Lexus product information and images are available online via our news media web site http://LexusNewsroom.com

MEDIA CONTACT:                                                                                                 
Amanda Roark
469-292-2636
Amanda.Roark@lexus.com

Lexus Logo

Photo – https://mma.prnewswire.com/media/1430110/Monogram_Image.jpg
Logo – https://mma.prnewswire.com/media/1428802/Lexus_Logo.jpg  

SOURCE Lexus

Lexus Unveils New Digital Retail Experience

PLANO, Texas, Feb. 1, 2021 /PRNewswire-HISPANIC PR WIRE/ — Lexus has officially unveiled the Monogram retail experience, providing guests flexibility in how they buy their next Lexus. Working hand-in-hand with dealerships across the United States to integrate the online and in-store retail experience, Lexus is piloting a retail program providing guests more control over how they purchase their vehicle, increased transparency into current inventory and real-time…

PLANO, Texas, Feb. 1, 2021 /PRNewswire-HISPANIC PR WIRE/ — Lexus has officially unveiled the Monogram retail experience, providing guests flexibility in how they buy their next Lexus. Working hand-in-hand with dealerships across the United States to integrate the online and in-store retail experience, Lexus is piloting a retail program providing guests more control over how they purchase their vehicle, increased transparency into current inventory and real-time pricing, and flexibility to shop when and how they want.

Developed in partnership with Toyota Motor North America (TMNA) and Lexus Financial Services (LFS) in response to shifting consumer purchase preferences, Monogram offers a flexible shopping experience befitting the Lexus brand.

Lexus’ Monogram technology puts the car buying process in the hands of the guest, providing an integrated user experience across Lexus.com, the dealership website and the physical dealership store. Customers can choose the path that works best for them by starting their journey online, saving their progress in the «digital garage» to pick up where they left off at the dealer, or completing their purchase at home or at their Monogram dealer.

For Lexus dealerships, the new technology integrates with current inventory, the customer relationship management system (CRM) and directly with financing through LFS, allowing sales associates the opportunity to better understand customers wants and needs, while accessing time-saving tools, enhanced analytics and advanced lead handling that allows the dealer to pick up right where the guest left off online.

«Our goal is to create greater transparency with our guests and efficiency for our dealers – whether that’s in the showroom or online,» said Andrew Gilleland, group vice president and general manager, Lexus Division. «From increased flexibility for guests to enhanced technology for our dealers, Monogram provides our brand the tools to anticipate guest expectations today and into the future.» 

Monogram is currently being piloted in select markets with plans to aggressively accelerate availability through 2021.  An  all-new Monogram complete online experience, which expands to allow customers the ability to complete their purchase online, will roll out market by market starting in Spring 2021.

The new online retail experience is also available to Toyota customers through Toyota SmartPath. You can learn more about SmartPath, here.

Lexus’ passion for brave design, imaginative technology, and exhilarating performance enables the luxury lifestyle brand to create amazing experiences for its guests. Lexus began its journey in 1989 with two luxury sedans and a commitment to pursue perfection. Since then, Lexus has developed its lineup to meet the needs of global luxury guests in more than 90 countries. In the United States, Lexus vehicles are sold through 242 dealers offering a full lineup of luxury vehicles. With six models incorporating Lexus Hybrid Drive, Lexus is the luxury hybrid leader. Lexus also offers eight F SPORT models and two F performance models. Lexus is committed to being a visionary brand that anticipates the future for luxury guests.

www.facebook.com/lexus
www.twitter.com/lexus
www.youtube.com/LexusVehicles
https://plus.google.com/+Lexus/posts
www.instagram.com/lexususa

Note to Editors: Lexus product information and images are available online via our news media web site http://LexusNewsroom.com

MEDIA CONTACT:                                                                                                 
Amanda Roark
469-292-2636
Amanda.Roark@lexus.com

Lexus Logo

Photo – https://mma.prnewswire.com/media/1430110/Monogram_Image.jpg
Logo – https://mma.prnewswire.com/media/1428802/Lexus_Logo.jpg  

SOURCE Lexus

Lexus Unveils New Digital Retail Experience

PLANO, Texas, Feb. 1, 2021 /PRNewswire-HISPANIC PR WIRE/ — Lexus has officially unveiled the Monogram retail experience, providing guests flexibility in how they buy their next Lexus. Working hand-in-hand with dealerships across the United States to integrate the online and in-store retail experience, Lexus is piloting a retail program providing guests more control over how they purchase their vehicle, increased transparency into current inventory and real-time…

PLANO, Texas, Feb. 1, 2021 /PRNewswire-HISPANIC PR WIRE/ — Lexus has officially unveiled the Monogram retail experience, providing guests flexibility in how they buy their next Lexus. Working hand-in-hand with dealerships across the United States to integrate the online and in-store retail experience, Lexus is piloting a retail program providing guests more control over how they purchase their vehicle, increased transparency into current inventory and real-time pricing, and flexibility to shop when and how they want.

Developed in partnership with Toyota Motor North America (TMNA) and Lexus Financial Services (LFS) in response to shifting consumer purchase preferences, Monogram offers a flexible shopping experience befitting the Lexus brand.

Lexus’ Monogram technology puts the car buying process in the hands of the guest, providing an integrated user experience across Lexus.com, the dealership website and the physical dealership store. Customers can choose the path that works best for them by starting their journey online, saving their progress in the «digital garage» to pick up where they left off at the dealer, or completing their purchase at home or at their Monogram dealer.

For Lexus dealerships, the new technology integrates with current inventory, the customer relationship management system (CRM) and directly with financing through LFS, allowing sales associates the opportunity to better understand customers wants and needs, while accessing time-saving tools, enhanced analytics and advanced lead handling that allows the dealer to pick up right where the guest left off online.

«Our goal is to create greater transparency with our guests and efficiency for our dealers – whether that’s in the showroom or online,» said Andrew Gilleland, group vice president and general manager, Lexus Division. «From increased flexibility for guests to enhanced technology for our dealers, Monogram provides our brand the tools to anticipate guest expectations today and into the future.» 

Monogram is currently being piloted in select markets with plans to aggressively accelerate availability through 2021.  An  all-new Monogram complete online experience, which expands to allow customers the ability to complete their purchase online, will roll out market by market starting in Spring 2021.

The new online retail experience is also available to Toyota customers through Toyota SmartPath. You can learn more about SmartPath, here.

Lexus’ passion for brave design, imaginative technology, and exhilarating performance enables the luxury lifestyle brand to create amazing experiences for its guests. Lexus began its journey in 1989 with two luxury sedans and a commitment to pursue perfection. Since then, Lexus has developed its lineup to meet the needs of global luxury guests in more than 90 countries. In the United States, Lexus vehicles are sold through 242 dealers offering a full lineup of luxury vehicles. With six models incorporating Lexus Hybrid Drive, Lexus is the luxury hybrid leader. Lexus also offers eight F SPORT models and two F performance models. Lexus is committed to being a visionary brand that anticipates the future for luxury guests.

www.facebook.com/lexus
www.twitter.com/lexus
www.youtube.com/LexusVehicles
https://plus.google.com/+Lexus/posts
www.instagram.com/lexususa

Note to Editors: Lexus product information and images are available online via our news media web site http://LexusNewsroom.com

MEDIA CONTACT:                                                                                                 
Amanda Roark
469-292-2636
Amanda.Roark@lexus.com

Lexus Logo

Photo – https://mma.prnewswire.com/media/1430110/Monogram_Image.jpg
Logo – https://mma.prnewswire.com/media/1428802/Lexus_Logo.jpg  

SOURCE Lexus

Lexus Unveils New Digital Retail Experience

PLANO, Texas, Feb. 1, 2021 /PRNewswire/ — Lexus has officially unveiled the Monogram retail experience, providing guests flexibility in how they buy their next Lexus. Working hand-in-hand with dealerships across the United States to integrate the online and in-store retail experience, Lexus is piloting a retail program providing guests more control over how they purchase their vehicle, increased transparency into current inventory and real-time pricing, and…

PLANO, Texas, Feb. 1, 2021 /PRNewswire/ — Lexus has officially unveiled the Monogram retail experience, providing guests flexibility in how they buy their next Lexus. Working hand-in-hand with dealerships across the United States to integrate the online and in-store retail experience, Lexus is piloting a retail program providing guests more control over how they purchase their vehicle, increased transparency into current inventory and real-time pricing, and flexibility to shop when and how they want.

Developed in partnership with Toyota Motor North America (TMNA) and Lexus Financial Services (LFS) in response to shifting consumer purchase preferences, Monogram offers a flexible shopping experience befitting the Lexus brand.

Lexus’ Monogram technology puts the car buying process in the hands of the guest, providing an integrated user experience across Lexus.com, the dealership website and the physical dealership store. Customers can choose the path that works best for them by starting their journey online, saving their progress in the «digital garage» to pick up where they left off at the dealer, or completing their purchase at home or at their Monogram dealer.

For Lexus dealerships, the new technology integrates with current inventory, the customer relationship management system (CRM) and directly with financing through LFS, allowing sales associates the opportunity to better understand customers wants and needs, while accessing time-saving tools, enhanced analytics and advanced lead handling that allows the dealer to pick up right where the guest left off online.

«Our goal is to create greater transparency with our guests and efficiency for our dealers – whether that’s in the showroom or online,» said Andrew Gilleland, group vice president and general manager, Lexus Division. «From increased flexibility for guests to enhanced technology for our dealers, Monogram provides our brand the tools to anticipate guest expectations today and into the future.» 

Monogram is currently being piloted in select markets with plans to aggressively accelerate availability through 2021.  An  all-new Monogram complete online experience, which expands to allow customers the ability to complete their purchase online, will roll out market by market starting in Spring 2021.

The new online retail experience is also available to Toyota customers through Toyota SmartPath. You can learn more about SmartPath, here.

Lexus’ passion for brave design, imaginative technology, and exhilarating performance enables the luxury lifestyle brand to create amazing experiences for its guests. Lexus began its journey in 1989 with two luxury sedans and a commitment to pursue perfection. Since then, Lexus has developed its lineup to meet the needs of global luxury guests in more than 90 countries. In the United States, Lexus vehicles are sold through 242 dealers offering a full lineup of luxury vehicles. With six models incorporating Lexus Hybrid Drive, Lexus is the luxury hybrid leader. Lexus also offers eight F SPORT models and two F performance models. Lexus is committed to being a visionary brand that anticipates the future for luxury guests.

www.facebook.com/lexus
www.twitter.com/lexus
www.youtube.com/LexusVehicles
https://plus.google.com/+Lexus/posts
www.instagram.com/lexususa

Note to Editors: Lexus product information and images are available online via our news media web site http://LexusNewsroom.com

MEDIA CONTACT:                                                                                                 
Amanda Roark
469-292-2636
Amanda.Roark@lexus.com

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/lexus-unveils-new-digital-retail-experience-301218690.html

SOURCE Lexus