Lmp Automotive Holdings Inc

OTC:LMPX

LMP Automotive Holdings, Inc. engages in the provision of an e-commerce and facilities-based retail platform for consumers who desire to buy, sell, rent, subscribe for or finance pre-owned and new automobiles. The company is headquartered in Fort Lauderdale, Florida and currently employs 17 full-time employees. The company went IPO on 2019-12-05. The firm buys pre-owned automobiles primarily through auctions or directly from other automobile dealers and new automobiles from manufacturers and manufacturer distributors at fleet rates. The company subscribes the automobiles to its customers by allowing them to enter into the subscription plan for automobiles in which customers have use of an automobile for a minimum of 30 days. The company offers a range of products and services fulfilling the vehicle ownership lifecycle, including new and used vehicles, finance and insurance products and automotive repair and maintenance. Its physical logistics network enables it to provide convenient free delivery points for customers and provide services across the ownership life cycle. The firm's subsidiaries include LMP Motors.com, LLC and LMP Finance, LLC.