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Mercedes-Benz To Pilot High-End Vehicle Subscription Service

PYMNTS

The service will run in partnership with Mercedes-Benz dealers and will launch as a pilot in June in Nashville and Philadelphia. We engage people with a brand that they usually wouldn’t,” Zellmer said. We’re conquesting a target group, and engaging them with a brand, who do not want to commit to a three-year lease.

Atlanta 101
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New Carro Hire Shows How Vehicle Subscriptions Are Growing

PYMNTS

As digital and mobile technology changes the automotive market, vehicle subscription and online marketplace businesses are also growing, and undergoing changes. Drivers will be able to access Mercedes-Benz vehicles in Philadelphia and Nashville with the launch, the company said in an announcement. Toyota’s Move.

Nashville 130
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Ford Drops Out of Vehicle Subscriptions, While The Space Continues Acceleration

PYMNTS

In addition, Mercedes-Benz Collection is expanding its Nashville, Tennessee offering to include the Premier tier. And a recent agreement between Clutch Technologies and Mercedes-Benz will offer Clutch Georgia members the chance to transition to a Mercedes-Benz Collection subscription.

Georgia 100
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2021 GonzoBanker Awards

Gonzobanker

This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships.

Fintech 147
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11 Lessons From Startup Chapter 11s

CB Insights

Coda Automotive sought Chapter 11 bankruptcy protections in May 2013, and announced it was restructuring its business as a battery technology company. Coda’s unsold vehicles were later acquired by Mullen Technologies, an electric vehicle company based in California. This would be Munchery’s downfall. Total Funding: $60M.

Apple 78