Market Overview

HyreCar Announces Strategic Partnership with the National Independent Automobile Dealers Association Through DriveItAway

Share:

Alliance Offers Mobility as a Service Business Opportunity to Members
of One of the Nation's Largest Automobile Trade Associations

HyreCar Inc (NASDAQ:HYRE), the carsharing marketplace for ridesharing,
and the National Independent Automobile Dealers Association (NIADA) have
entered into a strategic partnership, through its alliance with
DriveItAway, a current NIADA National Member Benefits partner.

HyreCar's aim is to meet an overwhelming dealer demand to enter the
mobility as a service (MaaS) industry throughout the U.S. by serving the
NIADA's 17,000 dealership members. This partnership expansion continues
NIADA's commitment to helping member auto dealers better understand, and
provide critical resources to implement a successful MaaS business.

"With our expansion of the DriveItAway program through HyreCar, NIADA
dealer members now have access to our turnkey self-service carsharing
platform," said Joe Furnari, CEO of HyreCar Inc. "HyreCar insurance
coverage and training allows auto dealers and auto remarketers to
quickly and profitably participate in mobility as a service."

NIADA senior vice president of member services Scott Lilja said,
"Working with DriveItAway's dealer program, expanded through its
relationship with HyreCar, gives all NIADA members the opportunity to
create an immediate new profit center, expand their portfolio of
qualified buyers and sell more vehicles."

For interested dealers, NIADA will be hosting an educational webinar on
August 9, 2018 at 12:00 p.m. EST. To register, please visit http://www.lyftdealers.com/webinar-registration.

About NIADA

The National Independent Automobile Dealers Association (NIADA) is among
the nation's largest trade associations, representing the used motor
vehicle industry comprised of more than 38,000 licensed used car
dealers. Since 1946, NIADA has represented the voice and interests of
used car dealers at the federal level in Washington D.C. Coupled with
its state association network across the country, NIADA's grass-roots
framework provides a dual layer of advocacy unmatched in the used motor
vehicle industry.

For more than 70 years, NIADA has engineered programs and leveraged
technology to fulfill its mission to advance, educate and promote the
independent used car dealer. NIADA members subscribe to a strict Code of
Ethics of duty, honor and integrity, and believe in the advancement of
small business in support of the free-market system. More information
about NIADA programs and educational opportunities is available at www.niada.com and www.niada.tv.

NIADA HEADQUARTERS
2521 Brown Boulevard
Arlington, TX 76006
(800)
682-3837

About HyreCar

HyreCar Inc (NASDAQ:HYRE) is the carsharing marketplace for ridesharing
through its proprietary technology platform. The Company is establishing
a leading presence in Mobility as a Service (MaaS) through vehicle
owners and institutions, such as dealers and OEM's, who have been
disrupted by automotive asset sharing. HyreCar currently operates in 34
states and Washington, D.C. providing a unique revenue opportunity for
both owners and drivers. By providing a safe, secure, and reliable
marketplace, HyreCar is transforming the industry – one driver, one
vehicle, one road at a time. For more information, please visit www.hyrecar.com.

Forward Looking Statements

Statements in this release concerning HyreCar's future expectations and
plans, including without limitation, HyreCar's expectations regarding
its strategic partnership with NIADA and DriveItAway, its ability to add
and maintain additional car listings from car dealers and consumer
demand for cars to be used for ridesharing, may constitute forward
looking statements for the purposes of the safe harbor provisions under
The Private Securities Litigation Reform Act of 1995 and other federal
securities laws and are subject to substantial risks, uncertainties and
assumptions. You should not place reliance on these forward looking
statements, which include words such as "believe," "intend," "may,"
"potential" or similar terms, variations of such terms or the negative
of those terms. Although the Company believes that the expectations
reflected in the forward-looking statements are reasonable, the Company
cannot guarantee such outcomes. Actual results may differ materially
from those indicated by these forward-looking statements as a result of
various important factors, as well as those risks more fully discussed
in the section entitled "Risk Factors" in HyreCar's prospectus, dated
June 26, 2018, that was filed with the U.S. Securities and Exchange
Commission under File No. 333-225157, as well as discussions of
potential risks, uncertainties, and other important factors in HyreCar's
subsequent filings with the U.S. Securities and Exchange Commission. All
such statements speak only as of the date made, and the Company
undertakes no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise.

View Comments and Join the Discussion!