Cox Automotive and Holman Enterprises Launch Flexdrive
Cox Automotive who publishes Autotrader and Kelley Blue Book, formed a joint venture with Holman Enterprises, an international automotive services company, to launch Flexdrive, a vehicle subscription and services platform that allows car dealerships to offer subscriptions in addition to traditional buying and leasing. Using the Flexdrive mobile app, consumers can subscribe to a car within minutes without having to worry about insurance, vehicle maintenance or roadside assistance. Subscribers can change vehicles at any time, based on availability.
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