DriveItAway Inc.

DriveItAway Inc.

CLCN
DriveItAway Inc.US flagOther OTC
0.05
USD
+0.02
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Christopher Rego
Full Time Employees
4
Sector
Consumer Defensive
Industry
Education & Training Services
Address
475 West Townplace Saint Augustine FL United States of America 08033
IPO Date
Nov 30, 2018
Business
DriveItAway Holdings Inc. (OTC: DWAY) operates a dealer-focused mobility platform that enables car dealers to sell new and used vehicles through eCommerce via its proprietary Pay as You Go app-based subscription program; the turnkey solution includes a consumer-facing mobile app, comprehensive insurance coverages, vehicle maintenance, roadside assistance, warranty services, and training for dealerships to facilitate online sales to subprime and deep subprime buyers, entry-level consumers, major employers' employees, and those seeking electric vehicles without credit checks or large down payments. Founded in 2006 and headquartered in Philadelphia, Pennsylvania, the company targets the automotive rental and leasing services industry, primarily serving customers in the United States with expansion into Canada, and focuses on micro-lease to ownership models that accumulate payments toward purchase credits, flexible terms from minute-by-day-by-month leases to open-ended options, and partnerships with employers for workforce mobility. In recent developments, DriveItAway has formed key strategic partnerships including with Free2move (Stellantis' mobility brand) in 2025 to integrate co-branded flexible subscription services for franchise dealers and maximize vehicle utilization through short-term leasing of returned units; Fleet-Connection in April 2025 to extend its platform to small commercial fleet customers; Partners Personnel nationally in February 2024, Westlake Financial in April 2024 for dealer credit lines, and Corporate Claims Management for fleet maintenance; secured a $2 million credit line with AutoLeasing II in May 2024 to expand its company-owned fleet in regions like Philadelphia via alliances such as Chapman Auto Group; doubled its fleet size; and launched initiatives like Polestar 2 EV subscriptions and collaborations with Perks at Work for Fortune 1000 employee EV access.

Company News

APIChat
  • DriveItAway and Free2move to Introduce a Shared Fleet Initiative to Expand Independent Rental Operators Business at the International Car Rental Show

  • DriveItAway (OTCMKTS:CLCN) Shares Pass Above 50 Day Moving Average – Should You Sell?

  • DriveItAway Holdings Transitions to OTCID™ and Accelerates National Scale with Free2move — Launches 19 New Cities, Expands to 40 U.S. Markets

  • DriveItAway Holdings CEO Provides Year-End Review and 2026 Outlook as Vehicle Affordability Pressures Accelerate

  • DriveItAway Holdings Ignites National Scale with Free2move and Launches 9 New Cities in December

  • Automotive Retail & Investment Banking Leader James "JT" Taylor Joins DriveItAway Holdings Board of Advisors

  • Leasing Industry Icon Mitch Fadel Joins DriveItAway Holdings Board of Advisors

  • DriveItAway and Free2move Launch National Partnership to Revolutionize Vehicle Access and Supercharge Dealer Profitability

  • DriveItAway Holdings, Inc. Partners with Fleet-Connection to Offer its Flexible Lease Alternative to Commercial Fleet Customers with its New “DriveItAway Business Preferred” Program

  • DriveItAway Holdings, Inc. Secures a Credit Line Guaranty of 4 Million Dollars from Industry Leader Menachem Light, Who Will Chair the Board of Advisors

  • DriveItAway Holdings CEO Provides Year-End Message to Shareholders

  • DriveItAway Holdings, Inc. Partners with AllShifts, One of the Most Highly Rated Healthcare Staffing Firms In the US, to Help On-Demand Nurses Get to The Job

  • DriveItAway Holdings, Inc. Fleet Owned or Under Management Surges 36% Month-Over-Month, as Supply Meets Demand

  • DriveItAway Holdings, Inc. Partners with Chapman Automotive Group in Philadelphia to Supply New Vehicles and To Provide Its Micro-Lease to Ownership Program to Chapman Store Customers

  • DriveItAway Holdings, Inc. Partnerships & Growth Highlighted in Leading Automotive Trade Publication

  • DriveItAway Holdings, Inc. Partners with Corporate Claims Management for Maintenance, Service and Accident Management for its Rapidly Expanding Fleet

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