[Loopit #033] Industry Leaders from Europcar and Lookers Champion Car Subscription Boom

• Olivier Baldassari , Europcar 's new U.S. leader, gears up for expansion, focusing on flexible car subscriptions to cater to evolving consumer mobility preferences. (Auto Rental News)
• Former Lookers Motor Group Limited director and car dealer Tony Bramall backs Drive Fuze Ltd , signaling confidence in the growth and innovation potential of the car subscription sector. (Car Dealer Magazine)
• AutoTrader.co.za, a prominent South African automotive marketplace, has launched a car subscription service. (AIM Group)
• astara , the representative in Portugal for the brands Mitsubishi, Kia, and Fuso, announced the launch of its new car subscription service, Astara Move . (AutoGear)
• Akshara Kothari Chandhok , Director in PwC UK ’s Automotive Practice, says the car subscription model poised to overtake traditional car buying and leasing, with nearly half of UK consumers (49%) are more likely to opt for car subscription models rather than traditional purchasing and financing. (Motor Finance Online)

Quarterly Recap: What's new with Loopit?

The opening quarter of 2024 saw the global car subscription sector hit a major milestone, breaking the $1 billion mark in funding. This influx is fueling fleet expansions, operational efficiencies, and an outreach to a wider audience.

Loopit has been keeping pace, building the tools essential for both new and established companies to navigate and thrive in this evolving market for flexible mobility.

If you're eager to dive into these latest updates but have questions on where to start, your Customer Success Manager is ready and waiting to assist. Alternatively, if you're newly considering Loopit, we invite you to schedule a chat with our team.

🚀 Accelerate Your Launch Strategy

Get live fast with your own microsite: Fast track your entry into the car subscription market by automatically generating a sleek, fully-branded booking interface, tailored precisely to your brand and inventory.

Better subscriber self-service tools: we've engineered new tools that empower your subscribers. With their very own access portals, our technology enables them to efficiently manage their subscription experience. Paying invoices, updating billing details, or personalizing their service — it's all at their fingertips.

💡 Tapping Into B2B Mobility

Loopit's FlexFleet suite is driving B2B revenue: The B2B sector is ripe with potential for flexible mobility offerings. Loopit is helping you tap into this market with the new FlexFleet module which allows you to offer personalized terms, flexible pricing models and aggregated billing – it's all about giving businesses the agility they crave. Learn More

📈 Strategic Insights Amplified

The 2024 Loopit Global Car Subscription and New Mobility Report: This annual publication offers an unprecedented deep dive into the evolution of global mobility. Understand the factors driving change, the obstacles being surpassed, and the trends shaping the future of how the world moves. Download Now

Loopit's VSU Index yearly rankings: Based on exhaustive data from the Loopit network of providers, this report shines a spotlight on the most popular vehicle makes and models over the year. It offers unparalleled insights into subscriber preferences, helping automakers understand which of their vehicles are leading the pack in the subscription economy and why. Read Now

Loopit's VSU Index grows with new brand reports: Our VSU Index now includes detailed brand-specific insights, providing manufacturers with granular data on the performance and preferences for their brand within the subscription ecosystem. See more

🔐 Trust and Security Enhanced

Loopit is SOC 2 compliant: This isn't just a badge we wear; it's a promise of reliability and confidentiality that underscores every interaction with our platform. As we navigate the complexities of data privacy, rest assured, your trust is our top priority.

The TruPass KYC suite gets an upgrade: The latest upgrade introduces biometric authentication to offer more robust and secure subscriber onboarding processes at scale. See more

Loopit.co revolutionizes the car subscription industry with its state-of-the-art billing and management platform. Originating from HelloCars, one of the world's first retail car subscription services, Loopit now empowers a diverse clientele of OEMs, dealerships, and mobility startups including Subaru, SIXT, Polestar, Karma and more.

As a leader in technology-driven transformation, Loopit is dedicated to enhancing customer experiences and operational efficiency in the automotive sector. Discover how Loopit can innovate your business - visit www.loopit.co to learn more and join the car subscription revolution.