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DriveItAway Holdings, Inc. Partnerships & Growth Highlighted in Leading Automotive Trade Publication

GlobeNewswire LogoGlobeNewswire3d ago

DriveItAway Holdings, Inc. Partnerships & Growth Highlighted in Leading Automotive Trade Publication - GlobeNewswire

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Philadelphia, PA, July 24, 2024 (GLOBE NEWSWIRE) -- - DriveItAway has forged four major partnerships so far in 2024, to enable it to rapidly scale sales, market share, and profits in its goal to become the national retail software platform providing subprime and deep subprime buyers an "on-ramp for new car acquisitions - AutoRemarketing, a long-time national leading trade publication for the automotive industry, recently highlighted DriveItAway’s rapid-fire deal-making in 2024, with DriveItAway’s national partnership with Partners Personnel in February, its agreement with Westlake Financial to provide credit lines for approved dealers who want to run cars on its platform in April, the announcement of securing its credit line to finance its own vehicle fleet with by AutoLeasing II in May, and it's just announced partnership with Corporate Claims Management, to provide fleet maintenance, service, and accident management for its fleet - As reliable transportation is vital for working Americans, and new vehicle purchases become more and more difficult for those with little down payment or less than stellar credit, DriveItAway is laying the groundwork for massive growth PHILADELPHIA, PA, USA, July 24, 2024 – DriveItAway Holdings, Inc.("DriveItAway” OTC Marketplace: DWAY), an automotive industry leader in new digital mobility platforms with its unique "micro-lease to purchase” technology, continues to gain traction and visibility in its mission to enable all to drive, just as market conditions are making it more and more difficult for average consumers to buy or lease vehicles.

"If the series of developments is an indication of its 2024 to-do list, DriveItAway Holdings is making the kind of steady progress that reinforce social media memes about business productivity,” starts off this feature article on DriveItAway by AutoRemarketing, as it highlights the four major partnerships DriveItAway has announced so far in 2024 – In February, DriveItAway announced the national rollout of its partnership with Partners Personnel, the 12th largest and fastest growing industrial staffing organization in the US, to enable all employees to drive, and then buy, the vehicle of his/her choice regardless of cash down or credit score, with a focus on getting people to the job with reliable transportationIn April, DriveItAway, at AutoRemarketing’s Auto Intel Summit + National Remarketing Conference, announced the offering of its retail app, software platform, and lead base to all interested car dealers, combined with DriveItAway fleet credit line financing offered by Westlake Fleet, part of Westlake FinancialIn May, DriveItAway announced the closing of a $2 million credit line funding to operate and run its own fleet of vehicles, to show dealers how it is done, by AutoLeasing II, led by a noted national leader in the vehicle rental industry.

Possumato, "the print publication is second to none, I (and many in the industry) rely on their daily morning email publication, AutoRemarketing Today,’ to start the day and find out what is going on in the industry, and their national conferences, Used Car Week and the Auto Intel Summit + National Remarketing Conference, have become the must attend’ events in the industry.” Continues Possumato "Looking to dramatically scale and grow our company, we have many more partnerships and more progress to announce this year, and, as always, one of our proudest moments is when AutoRemarketing considers these worthy enough to note in their highly regarded publication.” DriveItAway, offers a unique micro-lease to purchase technology,’ allowing customers to drive a vehicle of their choice immediately, without a down payment, long-term financial commitment or approvals based on credit score, always with the option to buy the vehicle at any time.

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Article Details

Author / Journalist: DriveItAway Holdings, Inc.

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-24 @ 12:33:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 675 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 21761731

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Official Website: globenewswire.com

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News Last Updated: 1 days ago

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Publisher ID: #116

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