HyreCar Brings Mobility as a Service to Dealers At NADA 2019
January 16 2019 - 7:05AM
Business Wire
HyreCar’s Platform Creates New Revenue
Channels For Dealers Utilizing Existing Resources
HyreCar Inc. (NASDAQ: HYRE) (the “Company”), the online
carsharing marketplace for ridesharing, today announced that
HyreCar will engage with dealers and OEM manufacturers at the
National Automobile Dealers Association (“NADA”) Convention in San
Francisco, California from January 24th through January 27th, 2019,
Booth 7444W.
“The NADA Convention is where dealers look for innovative ways
to increase income. Today, dealers want to increase revenue with
existing resources and the HyreCar platform provides that
opportunity,” said Brian Allan, the newly appointed Senior
Director, Strategic Partnerships at HyreCar. Allan is leveraging
his 40 years of retail dealer experience to help dealers and
manufacturers understand how they can leverage their vehicle
inventories, real estate, and fixed operations to gain incremental
revenue from resources they have already invested in.
Mr. Allan stated, “Many feel that mobility services such as
carsharing and ridesharing are a threat to the traditional dealer
model. However, dealers and OEMs are in the best position to
benefit from emerging mobility opportunities.” Additionally, Mr.
Allan further stated that he believes that the HyreCar platform
will positively affect every dealer profit center.
“HyreCar has seen incredible growth in dealer inventory, which
has increased threefold in just the past two months,” said Joe
Furnari, CEO of HyreCar. Furnari added, “The dealers on the HyreCar
platform today are learning that embracing mobility as a service
creates incremental business and helps sell more vehicles while
insulating them from potential economic headwinds.”
HyreCar will be located in the West Hall of the Moscone Center,
booth 7444W during NADA 2019. To learn more, or set-up an
appointment to speak with HyreCar executives at NADA, please visit
hyrecar.com/nada2019/.
Event: NADA Convention 2019Date: January 24th -
January 27th, 2019Location: Moscone Center - San Francisco,
CABooth: 7444W
About HyreCar
HyreCar Inc. (NASDAQ: HYRE) actively operates in 50 states plus
Washington, D.C. The Company’s Carsharing Marketplace for
Ridesharing was created to leverage technology and establish a
scalable presence in automotive asset sharing. Drivers, vehicle
owners, fleet owners, and automotive dealers alike can utilize the
platform to create an opportunity for themselves where one did not
previously exist. By providing a safe, secure, and reliable
marketplace, HyreCar is the Mobility as a Service solution for
individuals, dealers, carsharing, and rideshare drivers. The
HyreCar platform helps private individuals with one car, or
companies with thousands of vehicles, to leverage available vehicle
assets to earn income and additional revenue streams with
innovative and proprietary technology.
Forward-Looking Statements
Statements in this release concerning HyreCar Inc.’s (“HyreCar”
or the “Company”) future expectations and plans, including, without
limitation, HyreCar’s partnerships and technology solutions, its
ability to add and maintain additional car listings on its platform
from car dealers and consumer demand for cars to be used for
ridesharing, may constitute forward-looking statements for the
purposes of the safe harbor provisions under the Private Securities
Litigation Reform Act of 1995 and other federal securities laws and
are subject to substantial risks, uncertainties and assumptions.
You should not place reliance on these forward-looking statements,
which include words such as “could,” “believe,” “anticipate,”
“intend,” “estimate,” “expect,” “may,” “continue,” “predict,”
“potential,” “project” or similar terms, variations of such terms
or the negative of those terms. Although the Company believes that
the expectations reflected in the forward-looking statements are
reasonable, the Company cannot guarantee such outcomes. HyreCar may
not realize its expectations, and its beliefs may not prove
correct. Actual results may differ materially from those indicated
by these forward-looking statements as a result of various
important factors, including, without limitation, market conditions
and the factors described in the section entitled “Risk Factors” in
HyreCar’s Prospectus, dated June 26, 2018, and HyreCar’s other
filings made with the U. S. Securities and Exchange Commission. All
such statements speak only as of the date made. Consequently,
forward-looking statements should be regarded solely as HyreCar’s
current plans, estimates, and beliefs. Investors should not place
undue reliance on forward-looking statements. HyreCar cannot
guarantee future results, events, levels of activity, performance
or achievements. HyreCar does not undertake and specifically
declines any obligation to update, republish, or revise any
forward-looking statements to reflect new information, future
events or circumstances or to reflect the occurrences of
unanticipated events, except as may be required by applicable
law.
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version on businesswire.com: https://www.businesswire.com/news/home/20190116005265/en/
Dealer and OEM contact:Brian AllanSenior Director,
Strategic Partnershipsm: 818.261.0335brian@hyrecar.com
Media Relations:Ronjini JoshuaThe Silver
TelegramHyreCar@thesilvertelegram.com
Investor Contact:Ted HaberfieldPresident, MZ Group – MZ
North AmericaHYRE@mzgroup.usWeb: www.mzgroup
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