NextGear Capital Canada’s School Supply Drive to Make Significant Difference in Education - Cox Automotive Canada

NextGear Capital Canada’s School Supply Drive to Make Significant Difference in Education

Mississauga, Ont.—August 20, 2018—NextGear Capital Canada (NGC), along with parent company Cox Automotive Canada, launched its first ever Ready … Set … School! campaign this summer in partnership with the Boys and Girls Clubs of Peel. The company-wide school supply drive, which aims to ensure local children are set up for success in time for the school year ahead, saw NGC surpass its goal by three times the company’s intended target.

NextGear Capital Canada

Mississauga, Ont.—August 20, 2018—NextGear Capital Canada (NGC), along with parent company Cox Automotive Canada, launched its first ever Ready … Set … School! campaign this summer in partnership with the Boys and Girls Clubs of Peel. The company-wide school supply drive, which aims to ensure local children are set up for success in time for the school year ahead, saw NGC surpass its goal by three times the company’s intended target.

“For students living in poverty, the right school supplies are often a luxury instead of a necessity,” said Jerome Dwight, National Vice President, NextGear Capital Canada. “Social responsibility and ethical practices are vital to our success, and our team members wanted to positively contribute to the community we work in. I think their donations really showed that.”

Not all Canadian children have access to the supplies they need for success in the classroom. And poverty, regardless of level, has been linked to reduced academic achievement. Students who face this sort of difficulty come to school every day without the proper tools they need for success; as a result, they are often behind their peers physically, socially, emotionally and even cognitively.

“Back to school shopping can put a very real financial strain on families,” said Emma Pye, Project Manager Lead for NextGear Capital Canada. “Education is an important social concern, and this Ready … Set … School! initiative gave us all an opportunity to positively impact the lives of others through a simple act of donating school supplies.”

NextGear Capital Canada and parent company Cox Automotive Canada aim to maximize the creation of shared values for team members, while looking to have a positive impact on society as a whole.

The Ready … Set … School! campaign will wrap up this month with all donations supporting the Boys and Girls Clubs of Peel, a not-for-profit, charitable organization that engages at-risk children, youth and families from low-income communities. The Boys and Girls Clubs of Peel provides a safe place for individuals to participate in impactful, fun activities that support the development of confidence, learning, and positive relationships. Moreover, their core values are closely aligned with Cox Automotive Canada’s core values.

For more information, please contact Sarah Miller, Manager, Public Relations and Corporate Communications, Cox Automotive Canada at sarah.miller2@coxautoinc.com.

About NextGear Capital Canada

NextGear Capital is a subsidiary of Cox Automotive and one of the world’s largest automotive inventory financing institutions. NextGear Capital, together with its affiliates, provides flexible lines of credit and capital solutions to over 22,000 dealer clients worldwide. The company offers state-of-the-art online and mobile account management tools, market-specific industry analytics, dealer performance data and collateral protection to its clients globally. NextGear Capital Corporation is a Canadian company owned and operated by Cox Automotive Canada. For more information about NextGear Capital Canada, visit coxautoinc.ca/brand/nextgear-capital/.

About Cox Automotive Canada

Cox Automotive is transforming the way the world buys, sells and owns cars with industry-leading digital marketing, software, financial, wholesale and e-commerce solutions for consumers, dealers, manufacturers and the overall automotive ecosystem worldwide. In Canada, the Cox Automotive family includes Dealer.com®, Dealertrack®, HomeNet®, Manheim®, NextGear Capital®, Ready Logistics®, RMS Automotive®, vAuto®, VinSolutions® & Xtime®, along with a host of other brands in other countries. The global company has 34,000 team members in more than 220 locations and is a partner to more than 50,000 auto dealers, as well as most major automobile manufacturers. Cox Automotive is a subsidiary of 120-year-old Cox Enterprises, Inc., which has revenues exceeding $20 billion and approximately 55,000 employees. Cox Enterprises’ other major operating subsidiaries include Cox Communications and Cox Media Group. For more information about Cox Automotive Canada, visit coxautoinc.ca.

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