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Emerging Auto Market Trends and Disruptive Bus. Models: LMP Automotive is fast becoming the "NetFlix" of the auto industry

Hi Carey​

For emerging auto market trends, we wanted to introduce you to CEO Sam Tawfik, who as an entrepreneur and CEO of LMP Automotive (www.lmpmotors.com (http://email.prnewswire.com/wf/click?upn=TwIh0OIjG8BOSB67uKqqjw-2BEgl8Ufo6lIP6Sh-2Fkiv6g-3D_vr4CQd6f5d5U92w1G2ot02iL3Dy9roVF9WMWcRnBXxoXfBF22x70yS9OnyuA-2B5XKltGyBg1QxdR2ts8fADfX4QTxapfnRYf9fM5whzXaD77K9vE78l0Sh5N1NX-2FhC4TlVg3yyqigpD9xHnUIMZjEypjv6M3eRgqWMsevuKiQ7h28fpUP-2BI912VqAM77dLkNHF4NSBdFCQllzXeOPN71-2BssSKkMY5sb3D8-2ButiwPNumUV8aC0wwQX2kWhZOpSTYY28wEN-2B53bEo2LhaHpPO-2FJTbNpLltcFmgL07gncmTKyLL-2F9MAb9rzg8bhYOIRiL9l9 ) can discuss the future of the auto industry from emerging technologies and disruptive business models, including online purchasing and the rapidly developing subscription market. 

A successful technology entrepreneur, Sam was the founder and Chief Executive Officer of Telco Group, Inc. which was acquired by Leucadia National Corp in 2007 and was the founder and Chief Executive Officer of PT-1 Communications, Inc., which was acquired by Star Telecommunications Inc.  He believes that technology will be driving (pun intended) disruption for the auto sector in 2019.

Sam can discuss:

· Emerging technologies and disruptive business models for the auto industry, including online purchasing and the trending subscription model.    The U.S. Auto industry has been slow to adopt new technologies and disruptive business models.  Sam can discuss how technology will reduce friction and improve the experience to align more with consumer expectations. 
· What rising interest rates and market corrections will do to the market.       Ripe for industry consolidation.  A highly fragmented market:  40,000 used car dealerships with the largest only owning about 1.7% market share, offers opportunities for industry consolidation through centralized facilities in strategic regions nationwide. These assets will continue to become more attractive in 2019.    For cautious consumers, who now have to deal with rising interest rates, pre-owned cars and short-term subscription models will increasingly become an attractive alternative
· The Emerging Subscription Market.  The subscription market is widely adopted in other industries, including consumer goods, streaming media and data cloud services.  While analysts predict that by car subscriptions will reach 15-20% of the market by 2020, Sam believes that these estimates are very conservative and he expects that this market will grow at a faster pace.

We’d love to connect you with Sam to discuss the competitive advantages of the evolutionary business models disrupting the entire automobile industry worldwide.

Can we connect?

Best,

Bill

William Swalm
Account Director

KCSA Strategic Communications
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