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Home Decentralized Finance

YourMechanic Unveils Auto Repair App

by thecvamx
in Decentralized Finance
Reading Time: 3 mins read
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Mobile auto repair company YourMechanic on Friday (Aug. 13) introduced a consumer app on iOS and Android, a move that allows car owners to order hundreds of auto repair and maintenance services and have them done wherever is most convenient for the users.

YourMechanic, which deploys its mobile car service in 3,000 U.S. cities, launched the app in response to customer demand, noting repeat business represents about 40 percent of the company’s revenue. The app gives “a complete 360-degree view of their car’s health, history and service requirements” and features price quotes, instant repair scheduling and detailed vehicle service reports.

Users can also see their technicians’ estimated arrival time, chat with mechanics before their appointments, execute car maintenance requirements and track multiple vehicles’ health at the same time.

The free app is available now for Apple and Android users. The company will also continue providing service through its site YourMechanic.com for both desktop and mobile users.

Related: Data Is The Oil For Revved-Up eCommerce Car Sales

In other automotive news, Vroom’s eCommerce-related revenues surged by 230 percent year on year to $579 million in the second quarter of 2021. The actual number of eCommerce units sold jumped by 172 percent to more than 18,260 units, while average monthly unique visitors to the platform were up 75 percent to 1.7 million.

CEO Paul Hennessy noted on the conference call with analysts earlier this week that the eCommerce gross profit was up 153 percent and 32 percent quarter over quarter. Management also said that its “data-driven team is buying the right cars at the right price — and moving them quickly.”

Carvana, which operates as an online car dealership, noted in its own results that revenue went up almost 200 percent in the second quarter of 2021; the firm sold more than 100,000 vehicles for the first time, a 96 percent increase from a year earlier.

Also see: Digitally Connected Bikers Drive Harley’s New D2C Sales Effort

Other vehicle retailers are increasingly relying on digital tools to stay connected to customers, too. Harley Davidson’s H-D1 Marketplace, launched last month, allows consumers to buy and sell pre-owned Harley-Davidson motorcycles through the company’s website.

President and CEO Jochen Zeitz said all Harley-Davidson dealers with certified pre-owned motorcycles that have passed a 110-point inspection have signed up to participate.

——————————

NEW PYMNTS DATA: 58 PERCENT OF MULTINATIONAL FIRMS ARE USING CRYPTOCURRENCY

 About: In spite of their price volatility and regulatory uncertainty, new PYMNTS research shows that 58 percent of multinational firms are already using at least one form of cryptocurrency — especially when moving funds across borders. The new Cryptocurrency, Blockchain and Global Business survey, a PYMNTS and Circle collaboration, polls 500 executives looks at the potential and the pitfalls facing crypto as it moves into the financial mainstream.

Cellular auto restore firm YourMechanic on Friday (Aug. 13) launched a shopper app on iOS and Android, a transfer that enables automobile house owners to order lots of of auto restore and upkeep providers and have them finished wherever is most handy for the customers.

YourMechanic, which deploys its cell automobile service in 3,000 U.S. cities, launched the app in response to buyer demand, noting repeat enterprise represents about 40 p.c of the corporate’s income. The app offers “an entire 360-degree view of their automobile’s well being, historical past and repair necessities” and options value quotes, on the spot restore scheduling and detailed car service reviews.

Customers may also see their technicians’ estimated arrival time, chat with mechanics earlier than their appointments, execute automobile upkeep necessities and monitor a number of autos’ well being on the identical time.

The free app is out there now for Apple and Android customers. The corporate can even proceed offering service by its web site YourMechanic.com for each desktop and cell customers.

Associated: Information Is The Oil For Revved-Up eCommerce Automobile Gross sales

In different automotive information, Vroom’s eCommerce-related revenues surged by 230 p.c yr on yr to $579 million within the second quarter of 2021. The precise variety of eCommerce models bought jumped by 172 p.c to greater than 18,260 models, whereas common month-to-month distinctive guests to the platform have been up 75 p.c to 1.7 million.

CEO Paul Hennessy famous on the convention name with analysts earlier this week that the eCommerce gross revenue was up 153 p.c and 32 p.c quarter over quarter. Administration additionally mentioned that its “data-driven group is shopping for the precise vehicles on the proper value — and shifting them shortly.”

Carvana, which operates as a web based automobile dealership, famous in its personal outcomes that income went up nearly 200 p.c within the second quarter of 2021; the agency bought greater than 100,000 autos for the primary time, a 96 p.c improve from a yr earlier.

Additionally see: Digitally Related Bikers Drive Harley’s New D2C Gross sales Effort

Different car retailers are more and more counting on digital instruments to remain linked to prospects, too. Harley Davidson’s H-D1 Market, launched final month, permits shoppers to purchase and promote pre-owned Harley-Davidson bikes by the corporate’s web site.

President and CEO Jochen Zeitz mentioned all Harley-Davidson sellers with licensed pre-owned bikes which have handed a 110-point inspection have signed as much as take part.

——————————

NEW PYMNTS DATA: 58 PERCENT OF MULTINATIONAL FIRMS ARE USING CRYPTOCURRENCY

 About: Despite their value volatility and regulatory uncertainty, new PYMNTS analysis reveals that 58 p.c of multinational corporations are already utilizing no less than one type of cryptocurrency — particularly when shifting funds throughout borders. The brand new Cryptocurrency, Blockchain and World Enterprise survey, a PYMNTS and Circle collaboration, polls 500 executives appears to be like on the potential and the pitfalls going through crypto because it strikes into the monetary mainstream.

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