DriveItAway (DWAY) issued a year-end review and forward outlook from Founder and CEO John F. Possumato, highlighting operational progress in 2025 and strategic priorities for 2026, which read, in part, “In 2025, DriveItAway continued its transition from early-stage innovation to national execution, anchored by strengthened governance, expanded market presence, and growing validation of its flexible vehicle access model…Looking ahead, DriveItAway’s strategic priorities for 2026 will focus on converting mome ...

Core Insights - DriveItAway Holdings, Inc. is expanding its service footprint to nine major U.S. cities as part of a joint mobility program with Free2move, enhancing accessibility to flexible lease-to-own automotive solutions [1][2] Expansion Details - The new markets for DriveItAway's flexible lease/subscription service include Miami, Fort Lauderdale, Orlando, Tampa, Key West, Minneapolis/St. Paul, Denver, St. Louis, and Los Angeles [5] - The service requires no down payment, no minimum credit score, and no long-term lease commitment, aimed at making mobility accessible to those previously priced out of traditional financing [2] Strategic Partnerships - The partnership with Free2move, a subsidiary of Stellantis, allows DriveItAway to leverage industrial scale and expertise for a national rollout through franchise dealerships [6] - Free2move's Managing Director highlighted the importance of this collaboration in expanding flexible leasing options to more cities and drivers [2] Future Growth Plans - DriveItAway plans to continue expanding into additional U.S. cities in 2026, driven by dealer participation and regional demand [4] - The company anticipates further market announcements and performance updates as the rollout progresses [4] Advisory Board and Leadership - DriveItAway has strengthened its Board of Advisors with new members who bring extensive experience in retail, rental, and capital markets, supporting the company's growth and operational discipline [6] - The enhanced leadership is part of a broader capital-markets strategy aimed at supporting sustained growth and increasing revenue [6] Company Overview - DriveItAway is positioned as a national dealer-focused mobility platform, enabling franchise dealers to sell more vehicles through an exclusive lease-to-own, app-based subscription model [7] - The company provides a comprehensive program that includes proprietary mobile technology, insurance coverages, training, and dealer enablement [7]

Core Insights - Ayvens has acknowledged the FCA consultation regarding UK Motor Finance Commissions and the proposed redress scheme, indicating that its provisions for potential liabilities are deemed sufficient in its 2024 financial statements [1][2] - The company will continue to monitor the developments from the FCA consultation and adjust its estimates as necessary [2] Company Overview - Ayvens is a prominent global player in sustainable mobility, offering services such as full-service leasing, flexible subscription services, fleet management, and multi-mobility solutions to a diverse clientele including large corporations, SMEs, professionals, and private individuals [2] - The company employs over 14,000 staff across 41 countries and manages a fleet of 3.2 million vehicles, including the world's largest multi-brand electric vehicle fleet, positioning itself as a leader in the transition to net zero and digital transformation in the mobility sector [3] - Ayvens is listed on Compartment A of Euronext Paris with the ISIN FR0013258662 and ticker AYV, and is majority-owned by Societe Generale Group [3]