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LMP Automotive Holdings, Inc. Rings the Closing Bell

LMP Automotive Holdings, Inc. (Nasdaq: LMPX), an e-commerce and facilities-based platform for consumers who desire to buy, sell, rent, subscribe for or finance pre-owned and new automobiles., visits the Nasdaq MarketSite in Times Square.

YayYo, Inc., Enters a Rideshare Rental Fleet Partnership with LMP Automotive Holdings

BEVERLY HILLS, CA / ACCESSWIRE / December 18, 2019 / YayYo, Inc. (“YayYo” or the “Company”) (NASDAQ:YAYO), a leading provider of vehicles to the rideshare industry through its wholly-owned subsidiary, Rideshare Car Rentals, today announced California expansion with the opening of a San Diego office, and it’s first entry into the lucrative Texas market with a Dallas location.

LMP Automotive Holdings, Inc. Names Stuart A. Jamieson Director of Acquisitions

PLANTATION, FL / ACCESSWIRE / December 16, 2019 / LMP Automotive Holdings, Inc. (NASDAQ:LMPX) (the “Company” “LMP”), an e-commerce and facilities-based platform for consumers who desire to buy, sell, rent, subscribe for or finance pre-owned and new automobiles, today announced the hiring of Stuart Jamieson as Director of Acquisitions.

LMP Announces the Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

LMP Automotive Holdings, Inc. (LMPX) (the “Company”), an e-commerce and facilities-based platform for consumers who desire to buy, sell, rent, subscribe for or finance pre-owned and new automobiles, today announced the closing of its initial public offering of 2,645,000 shares of its common stock at a public offering price of $5.00 per share, which includes 345,000 shares sold upon full exercise of the underwriters’ option to purchase additional shares of common stock.

LMP Announces Pricing of Initial Public Offering

PLANTATION, FL / ACCESSWIRE / December 5, 2019 / LMP Automotive Holdings, Inc. (the “Company”), an e-commerce and facilities-based platform for consumers who desire to buy, sell, rent, subscribe for or finance pre-owned and new automobiles, today announced the pricing of its initial public offering of 2,300,000 shares of its common stock at a public offering price of $5.00 per share

Public dealership groups: Small in number, huge in clout

In the late 1990s, it seemed that big, publicly traded dealership groups would come to dominate auto retailing, leaving independent operators and small, family-owned collections of stores in the dust. That didn’t happen. Two decades later, just six franchised dealership groups in the U.S. have gone public, responsible for 6.5 percent of new-vehicle sales nationwide. And not a single new player has joined the fray in 17 years..

Online used car startup Shift adds another $40M, snags COO in road to IPO

Online used car startup Shift Technologies has tacked on another $40 million in equity funding, hired a new COO with Amazon and Enjoy roots and scaled up its engineering staff — all in the past several months — as the company aims to double its revenue this year.

Subscriptions add spice to auto retail business models. An interview with LMP CEO Sam Tawfik

Subscript ions are no longer just for magazines and gym membership. Alongside leasing, rental and car-sharing, subscription services are rapidly gaining ground among drivers looking for a form of temporary, hassle-free ownership. But if shoppers are lured away from traditional car sales, what impact could this have on the traditional dealership model?