Associated tags: Tesla, TrueCar, HP Autonomy, Science and technology in Asia, Car dealership, Insurance, Freedom, CAAS, CFO, Hewlett-Packard, Internet Brands, Micro Focus, Mobility, Universal Credit Corporation, Model, Autonomy, Friction, Renewable energy, Public utility, Health insurance
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Thursday, January 20, 2022
Tesla,
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Microbial contamination of diesel fuel,
CAAS,
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Tesla Model 3,
EVS,
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Science and technology in Asia,
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Autonomy "Electric vehicles have reached a tipping point, and it's clear that the Tesla Model 3 is this generation's Prius," said Scott Painter, founder and CEO of Autonomy.
Key Points:
- "Electric vehicles have reached a tipping point, and it's clear that the Tesla Model 3 is this generation's Prius," said Scott Painter, founder and CEO of Autonomy.
- Autonomy's Tesla Model 3 vehicle subscription program features a month-to-month contract after a three-month minimum term.
- Autonomy Subscription Program for Tesla Model 3:
Available Models:At launch, low mileage Model 3 Teslas, with later expansion to other Tesla models.
- Autonomy's Tesla Model 3 subscription program is available for consumers to register at Autonomy.com.
Retrieved on:
Wednesday, November 24, 2021
Insurance,
CEO,
Model,
Technology,
Industry,
Acquisition,
Universal Credit Corporation,
Mobility,
CAAS,
Internet Brands,
Hewlett-Packard,
TrueCar,
Science and technology in Asia,
CFO,
Micro Focus,
Tesla,
Freedom,
HP Autonomy,
Friction,
IP,
Car dealership The acquisition of Autonomy includes the primary global domain, Autonomy.com ,along with a family of country and subdomain extensions as well as trademark applications, goodwill, and related brandIP.
Key Points:
- The acquisition of Autonomy includes the primary global domain, Autonomy.com ,along with a family of country and subdomain extensions as well as trademark applications, goodwill, and related brandIP.
- "Customer acquisition cost is one of the critical factors in determining the success of any business.
- Painter founded CarsDirect.com (now Internet Brands); TrueCar (Nasdaq-traded); Fair, which pioneered used-vehicle subscriptions and the Car-as-a-Service (CaaS) model; and now Autonomy.
- "The ability to immediately become a global brand through our acquisition of an IP brand library that is inclusive of assets in over a dozen countries is an incredibly valuable strategic asset.
b'SANTA MONICA, Calif., May 11, 2021 /PRNewswire/ -- NXCR , the fintech and insurtech vehicle subscription platform, announced that consumer finance technology and mobility executive, Martin Prescher, has joined the company as Chief Technology Officer.
Key Points:
- b'SANTA MONICA, Calif., May 11, 2021 /PRNewswire/ -- NXCR , the fintech and insurtech vehicle subscription platform, announced that consumer finance technology and mobility executive, Martin Prescher, has joined the company as Chief Technology Officer.
- Vehicle subscriptions provide consumers with simple, flexible and affordable access to mobility via a mobile app.\n"I\'m excited about the future of mobility that NXCR is advancing, moving away from single vehicle transactions around an asset to mobility-as-a-service," said Martin Prescher, Chief Technology Officer at NXCR.
- "\nNXCR\'s vehicle subscription model bundles traditional vehicle ownership costs including monthly payment, insurance and maintenance into a single transparent monthly fee.
- NXCR is innovating through technology, finance and insurance in order to power car subscriptions for the used vehicle sector, as well as the emerging green and electric vehicle sector.\n'
The intent of the alliance is to give consumers more flexible choices when making vehicle purchase decisions.\n"J.D.
Key Points:
- The intent of the alliance is to give consumers more flexible choices when making vehicle purchase decisions.\n"J.D.
- "This collaboration provides NXCR with the richest, most accurate and most comprehensive dataset for vehicle valuations, residual value forecasts and insights on consumer preferences and experiences.
- Power.
- Power is excited to partner with them on the future of mobility with NXCR.
SANTA MONICA, Calif., March 2, 2021 /PRNewswire/ -- NextCar Holding Company Inc. (NXCR) , a fintech and insurtech vehicle subscription platform for dealers,automakers, and third-party listing sites, announced seven key management appointments as part of its product and technology launch and acceleration phase.
Key Points:
- SANTA MONICA, Calif., March 2, 2021 /PRNewswire/ -- NextCar Holding Company Inc. (NXCR) , a fintech and insurtech vehicle subscription platform for dealers,automakers, and third-party listing sites, announced seven key management appointments as part of its product and technology launch and acceleration phase.
- Prior to TrueCar, Jim held senior roles at enterprise software, internet, telecom, consulting and global automotive companies, including Deloitte & Touche and Toyota.
- NXCR's launch team is rounded out by a dozen product managers, software developers, data scientists and legal and regulatory compliance experts.
- NextCar will power automobile subscriptions for the used vehicle sector, as well as the burgeoning green and electric vehicle sector.
Retrieved on:
Wednesday, January 27, 2021
Bauer is also credited as being one of the early designers and pioneers of vehicle leasing, which was the first mainstream alternative to a traditional car loan.
Key Points:
- Bauer is also credited as being one of the early designers and pioneers of vehicle leasing, which was the first mainstream alternative to a traditional car loan.
- Commenting on the changes happening in the highly dynamic automotive space, Bauer explained, "vehicle subscriptions are the new frontier for automotive finance solutions.
- NextCar Holding Company (NextCar/NXCR) is on a mission to create a platform that enables vehicle subscriptions to scale profitably.
- NextCar will power car buying subscriptions for the used vehicle sector, as well as the burgeoning green and electric vehicle sector.
Retrieved on:
Thursday, December 17, 2020
SANTA MONICA, Calif., Dec. 17, 2020 /PRNewswire/ --NextCar Holding Company Inc. (NXCR), a fintech and insurtech vehicle subscription platform, and Westlake Financial (Westlake) have signed a letter of intent to secure a NXCR $400 million debt facility, and to enter into a strategic partnership.
Key Points:
- SANTA MONICA, Calif., Dec. 17, 2020 /PRNewswire/ --NextCar Holding Company Inc. (NXCR), a fintech and insurtech vehicle subscription platform, and Westlake Financial (Westlake) have signed a letter of intent to secure a NXCR $400 million debt facility, and to enter into a strategic partnership.
- The $400 million debt facility from Westlake will provide NXCR with highly flexible and efficient capital to finance subscriptions.
- The strategic partnership will also provide NXCR with loan and collections services through Westlake, as well as access to Westlake's dealer network to scale indirect subscription offerings.
- NXCR is innovating through technology, operations and infrastructure, as well as strategic and private-label partnerships in order to advance the vehicle subscription model.
Retrieved on:
Thursday, October 29, 2020
Vehicle subscription allows consumers to pay a monthly usage fee for a flexible term (eliminating the long-term commitment of a traditional loan or lease).
Key Points:
- Vehicle subscription allows consumers to pay a monthly usage fee for a flexible term (eliminating the long-term commitment of a traditional loan or lease).
- "Vehicle subscription satisfies all of these needs and NextCar is committed to bringing to market a platform for vehicle subscription that enables it to thrive."
- NextCar is on a mission to create a profitable platform that enables vehicle subscription to thrive as a sustainable business model in automotive retail.
- NextCar is innovating through technology, operations and infrastructure, and strategic partnerships in order to advance the vehicle subscription model and marketplace.
