DriveItAway Acquires Groundbreaking New Technology for Mobility as a Service, Ends Relationship with HyreCar
DriveItAway's New Software and Insurance Platform is the First to Provide Automotive Retailers a Turnkey Solution for Every Mobility as a Service Need - Offering Dealer Focused Car Sharing for Lyft & Uber Drivers, Vehicle Subscriptions, and Retail Car Sharing
HADDONFIELD, N.J., Dec. 19, 2018 /PRNewswire/ --DriveItAway Inc., the industry leader in car dealer focused shared mobility, announces today that it has purchased the technology and assets of Whip Inc., including its operations and technology team lead by Transportation as a Service visionary Adam Potash. At the same time, the company announces the end of its association with HyreCar, so that it can fulfill its mission of working exclusively with automotive retailers.
DriveItAway's new platform, created exclusively for car dealers, focuses on the "low hanging fruit" of current shared mobility offerings, in providing the most advanced driver app and experience to facilitate temporary Car Sharing vehicles to Ride Share (Lyft, Uber) drivers, but also includes the ability for a dealer to offer new and used vehicle subscriptions, and even dealer centered "Peer to Peer" Car Sharing.
"I am very excited to begin this new era of dealer focused shared mobility for DriveItAway, with ground breaking software that allows a dealer to successfully implement a turnkey new profitable service, providing temporary vehicles with a 'path to ownership' for Lyft and Uber drivers, as well as offering any other car sharing, subscription or ride sharing model that may make sense for their own clientele," says John F. Possumato, the President & CEO of DriveItAway. "Now we can be laser focused exclusively on the specific needs of automotive retailers in implementing all aspects of Mobility as a Service."
About DriveItAway DriveItAway is the first dealer focused enabler for franchise and independent dealers to enter the business of Mobility as a Service – Car Sharing for Ride Share (Lyft, Uber) Drivers, vehicle subscriptions, etc. DriveItAway provides a turn-key, solutions driven program with a proprietary mobile technology, insurance coverages and training to get your dealership up and running in all vehicle subscription services, with the deepest experience in the highly profitable, scalable, and rapidly expanding business, supplying temporary and permanent vehicles to Lyft and Uber drivers. For information, please visit www.driveitaway.com
Dealer & Media Contact: John F. Possumato CEO, DriveItAway 856 577 2763 [email protected]