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AutoLeap Raises $30 Million Series B to Transform the Aftermarket Auto Repair Industry
/EIN News/ — Toronto, April 11, 2023 (GLOBE NEWSWIRE) — Toronto, Ontario – Toronto, April 11, 2023 – AutoLeap, an all-in-one auto repair shop management software, has raised $30 million in Series B financing led by Advance Venture Partners (AVP) with participation from existing investors Bain Capital Ventures and Threshold Ventures. The funding will be used to continue modernizing the auto repair industry as AutoLeap looks to enhance its best-in-class product and continue providing white glove customer service. “The auto repair market has been underserved by technology for too long and over the past several years, we’ve been on a journey to modernize the industry with new and cutting-edge technology…
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Automotive Aftermarket Market is anticipated to grow up to US$ 510.31 Billion by 2028, at a CAGR of 3.5{12dec99aef6f119e349308ab81c83b123ba77cd3d9c980ff09eaac1f958a2724} during the forecast period
Automotive Aftermarket Market is anticipated to grow up to US$ 510.31 Billion by 2028, at a CAGR of 3.5{12dec99aef6f119e349308ab81c83b123ba77cd3d9c980ff09eaac1f958a2724} during the forecast period Luton, Bedfordshire, United Kingdom, March 10, 2023 (GLOBE NEWSWIRE) — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Automotive Aftermarket Market. Global Automotive Aftermarket Market stands at US$ 387.54 Billion in 2022 and is anticipated to grow at a CAGR of 3.5{12dec99aef6f119e349308ab81c83b123ba77cd3d9c980ff09eaac1f958a2724} over the following Five years to reach US$ 510.31 Billion by 2028. Automotive Aftermarket Market Growth in upcoming years The automotive aftermarket is the secondary…
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Global Tire Aftermarket Market Report 2022-2028: Growing Inclination Toward the Development of Airless Tires Presents Opportunities – ResearchAndMarkets.com
DUBLIN–(Small business WIRE)–The “World Tire Aftermarket, Tire Substitution Market 2022-2028” report has been added to ResearchAndMarkets.com’s providing. Market place OUTLOOK As for each the publisher’s exploration report, the world wide tire aftermarket, tire substitution market is expected to progress with a CAGR of 4.43{12dec99aef6f119e349308ab81c83b123ba77cd3d9c980ff09eaac1f958a2724} in the course of the forecast interval 2022-2028. The market’s advancement is promoted by elements such as soaring desire for fuel-productive tires coupled with mandatory tire labeling norms. On top of that, the expanding adoption of electric powered autos is anticipated to generate possibilities for the tire aftermarket, tire alternative market place. On the opposite, the uncertainty in the charge of raw elements is a key…
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Carshare Services Disrupting Automotive Aftermarket
As consumers reverted to travel behaviors that were being disrupted for the duration of the height of the pandemic, numerous ended up shocked by large auto rental service fees that surged owing to minimal stock on heaps. During the exact period, excellent of services declined as automobile rental companies struggled to fill positions in a tight labor market place. It is in this context that carshare providers like Turo, Getaround, Gig Automobile Share and Zipcar merged as increasingly attractive possibilities to common motor vehicle rental offerings. Beyond giving conventional rental heavyweights this sort of as Hertz and Avis a run for their dollars, the rise of carshare services has further…
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AAPEX Briefing: Aftermarket Poised to Weather Uncertain Times
Nov. 3, 2022—The future couple a long time might verify to be a crucial window for applying Suitable to Restore and connected legislation on the federal amount, aftermarket reps explained during a media briefing at AAPEX. The briefing, which kicked off working day two of AAPEX, included Ann Wilson, SVP of legislative affairs for the Motor and Devices Manufacturers Association (MEMA). Wilson explained that “2023 and 2024 I imagine are our several years to get this completed.” Proposed legislation includes the Help save Revenue on Auto Repair Transportation (Intelligent) Act and the Appropriate to Equitable and Professional Car Industry Repair (Mend) Act. Bills like this would have to have to…
