These new partnerships have added over 200 vehicles already and are expected to add a total of 1,000 cars onto the platform before too long. This would increase the number of cars on the HyreCar platform by around 50%. This is in addition to another 700 vehicles onto the platform just last month.
Expanding the platform's supply of cars is important to the company as they make an effort to increase utilization numbers above 85% and pushing active daily rentals up as well.
“One dealer partner has seven locations within HyreCar’s top market in the Southeastern United States. The other partner has scalable operations in three different states in a large southern market; precisely the type of dealer groups that can best benefit from our platform,” said Joe Furnari, HyreCar CEO. Mr. Furnari added.
“Our ability to add this many vehicles in key markets from just two dealership groups validates our scalable marketplace solution and the need for HyreCar’s solution.”
The platform's recent growth in vehicles from major fleets and dealers was pushed by an increase of drivers that require a car for their gigs on ride-hailing platforms.
Henry Park, HyreCar’s Chief Operating Officer, said, “Dealerships are an ideal partner since they possess brand recognition and proximity to our drivers at the local level. Additionally, HyreCar’s scalable platform enables our partners to enjoy immediate ROI from their standing inventory.”
HyreCar's platform is continuing to see growth thanks to the increase in ride-sharing and local food or package delivery services.
CEO Furnari also stated, “Fleets and dealer groups with operations in multiple states and multiple locations benefit most from the HyreCar ecosystem. By partnering with HyreCar, dealers have a turn-key solution to optimize inventory utilization and participate in the incremental revenue opportunities that on-demand transportation trends offer today.”
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