Core Insights - DriveItAway Holdings, Inc. has appointed James "JT" Taylor to its Board of Advisors, bringing extensive experience in automotive retail, OEM strategy, and investment banking [1][2]. Company Overview - DriveItAway is a leader in digital mobility and flexible vehicle lease-to-own platforms, focusing on enabling franchise dealers to increase vehicle sales through an app-based subscription model [6]. - The company offers a comprehensive program that includes proprietary mobile technology, insurance coverages, training, and dealer enablement to facilitate quick and profitable entry into online sales [6]. Leadership and Strategic Vision - JT Taylor has a robust background, having served as Managing Director at Truist Securities, where he led the Automotive Retail practice and advised clients on M&A and capital raises [3]. - Taylor's experience includes leadership roles at Toyota Motor Sales North America and significant contributions to the Lexus launch team, enhancing his understanding of both dealership operations and OEM strategies [4]. - The CEO of DriveItAway, John F. Possumato, emphasized that Taylor's expertise will help accelerate sales scaling, strengthen capital markets posture, and support the company's goal of a Nasdaq uplisting [5]. Market Position and Growth Strategy - DriveItAway aims to address mobility gaps through its technology-enabled lease-to-own program, which not only increases access to personal transportation but also creates new profit opportunities for franchise dealers [5]. - Taylor expressed enthusiasm for contributing to the company's national expansion, focusing on growing market share, dealer partnerships, and capitalization [5].
Automotive Retail & Investment Banking Leader James "JT" Taylor Joins DriveItAway Holdings Board of Advisors - DriveItAway Holdings (OTC:DWAY)
Benzinga·2025-11-11 13:33