Lmp Automotive Holdings Inc (LMPX) NPV
LMP Automotive Holdings, Inc. operates an electronic commerce and facilities-based platform for consumers to buy, sell, subscribe for or finance pre-owned and new automobiles. The Company buys pre-owned automobiles primarily through auctions or directly from other automobile dealers and new automobiles from manufacturers and manufacturer distributors at fleet rates. It subscribes the automobiles to its customers by allowing them to enter into the subscription plan for automobiles in which customers have use of an automobile for a minimum of 30 days. It offers a range of products and services fulfilling the vehicle ownership lifecycle, including new and used vehicles, finance and insurance products and automotive repair and maintenance. Its physical logistics network enables it to provide convenient free delivery points for customers and provide services across the ownership life cycle. The Company's subsidiaries include LMP Motors.com, LLC and LMP Finance, LLC.
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