LMP Automotive Holdings Inc.

LMP Automotive Holdings Inc. is a United States-based automotive retailer that combines both e-commerce and traditional facilities-based operations. The company’s primary business revolves around the buying, selling, renting, and subscription of new and pre-owned vehicles, targeting a broad spectrum of consumer needs throughout the vehicle ownership lifecycle. Utilizing a “Buy, Subscribe, Sell and Repeat” model, LMP Automotive Holdings acquires pre-owned vehicles primarily through auctions or direct purchases from other dealers, while also obtaining new vehicles from manufacturers at fleet rates. It offers customers finance and insurance products, as well as automotive repair and maintenance services, providing a comprehensive suite of options online and through its physical logistics network. By leveraging digital technology, LMP Automotive Holdings aims to enhance customer convenience, facilitate efficient vehicle deliveries, and reduce operational costs, positioning itself to disrupt the traditional automotive retail sector. Headquartered in Fort Lauderdale, Florida, the company operates several subsidiaries and seeks to serve customers both digitally and in person, reflecting the evolving landscape of automotive sales and service in the U.S.