YourMechanic Announces Forum Focused on Opportunities Facing Today's Automotive Industry

MOUNTAIN VIEW, Calif., March 7, 2017 /PRNewswire/ -- YourMechanic, the nation's leading mobile car repair network, today announced the startup will bring together experts for a forum to discuss the future of the automotive industry. The event, Driving the Auto Industry Forward: Transforming the Car Ownership Experience, will be held on March 30, 2017.

The forum will take place at Plug and Play Technology Center in Sunnyvale, Calif., a global innovation platform connecting startups to corporations. The program will include a panel discussion with speakers including YourMechanic President and CEO Anthony Rodio, Ally Insurance Executive Vice President and COO Angie Tuglus, eBay Motors General Manager of Parts and Accessories Sree Menon and Turo Chief Business Officer David Stewart.

Alexis Evans, Director of Communications at AutoMobility LA/Los Angeles Auto Show, will moderate the panel, with a focus on discussing how businesses and startups across the automotive lifecycle – from purchasing, financing, repairing, selling, and monetizing – are working to address the evolving needs of today's car owner. Program topics will include changes in customer behavior, environmental impact of car ownership, consolidation of vehicle use and the future of personal car ownership.

Startup Lane, an exhibit of up-and-coming startups, will be on-site with founders available to demonstrate new products and solutions that aim to disrupt the traditions of car ownership.

Booths from LotBlok, Prazo, Selly Automotive, SHIFTMobility, Turo, YourMechanic, and other startups will be featured. Turo, the leading peer-to-peer car rental marketplace will bring celebrity vehicle, Erlich's 2006 Ford Escape Aviato, to the event.

Projections estimate shared mobility platforms, new connectivity services, technology advancements, and innovative business models will expand automotive industry revenue by 30 percent, adding $1.5 trillion in coming years.¹

"There is tremendous opportunity for the auto industry today," said Anthony Rodio, President and CEO, YourMechanic. "As product quality from OEMs continues to increase, Americans are keeping their cars for more years than ever before, making access to routine maintenance important.  This is occurring during a period of tremendous transformation, for example population growth in urban centers, coupled with outdated infrastructure, has sparked a surge in new modes of transportation. Technology is answering these challenges and transforming how people get from point A to point B in ways that used to seem impossible."

Automotive and mobility industry professionals, venture capitalists, startup founders, OEM and aftermarket suppliers, and media can register for the free event at http://yrme.ch/drive.

About YourMechanic
YourMechanic is the industry leader in mobile car repair, offering more than 600 repair, maintenance, and diagnostic services. YourMechanic is available in the top 50 largest U.S. metropolitan areas. YourMechanic connects mobile mechanics to customers who seek affordable, convenient, and honest car repair services at their home or office, seven days a week. Mobile mechanics enjoy flexible hours and higher pay than at a shop or dealership. Founded in 2012, YourMechanic has secured $32 million in funding. YourMechanic won TechCrunch Disrupt San Francisco in 2012 and holds an A+ rating from the Better Business Bureau.

Headquartered in Mountain View, California, YourMechanic is funded by SoftBank Capital, Andreessen Horowitz, Y Combinator, Ashton Kutcher, Data Point Capital, and others. For more information on YourMechanic, to book a service, or to view current career opportunities, visit www.YourMechanic.com.

Sources:
¹ McKinsey & Company, Disruptive trends that will transform the auto industry, January 2016

SOURCE YourMechanic

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http://www.YourMechanic.com