British Vehicle Rental and Leasing Association

John F. Possumato to Speak on “EVs, Finance, Subprime & New Profit Opportunities” at Used Car Week Conference in Scottsdale

Retrieved on: 
Tuesday, November 7, 2023
Sale, E-commerce, EV, Life, The Westin Kierland Resort & Spa, British Vehicle Rental and Leasing Association, EVS, Counsel

Mr. Possumato will lead a panel on November 7, at 1:45pm at the Westin Kierland Resort on “EVs, Finance Subprime & New Profit Opportunities,” joined by Wayne Henhoeffer, General Manager of Legacy Auto Credit, and John Moody, Sales Director, Solera Auto Finance.

Key Points: 
  • Mr. Possumato will lead a panel on November 7, at 1:45pm at the Westin Kierland Resort on “EVs, Finance Subprime & New Profit Opportunities,” joined by Wayne Henhoeffer, General Manager of Legacy Auto Credit, and John Moody, Sales Director, Solera Auto Finance.
  • A franchise dealer owner veteran, Mr. Possumato is past Counsel to the Automotive Fleet & Leasing Association , and a past Director of the International Automotive Remarketers Alliance .
  • “Used Car Week is the ‘must attend’ event of the fall for those in the automotive industry, both for the ‘tsunami of information’ and for networking with the hundreds and hundreds of industry notables that pack the halls,” notes Mr. Possumato.
  • “This conference was created to create the maximum information exchange, promote interaction among attendees and speakers, and provide access to industry experts on issues crucial to the fast changing automotive retail landscape.”

New Report Highlights a 300% Surge in Vehicle Theft, Revealing a "Billion-Dollar Per-Year" Crisis

Retrieved on: 
Thursday, June 15, 2023
British Vehicle Rental and Leasing Association, Crime, Identity theft, Property, Canada Border Services Agency, Attention, Terrorism, CBSA, City, Federation, Theft, Cryptocurrency, Drug

With a 300% surge since 2015 in the City of Toronto alone, 2022 has now marked the most notorious year for vehicle theft.

Key Points: 
  • With a 300% surge since 2015 in the City of Toronto alone, 2022 has now marked the most notorious year for vehicle theft.
  • The report makes it clear that organized crime is at the centre of the vehicle theft crisis in Canada.
  • "Almost everyone I speak to has a story about vehicle theft, and our latest report proves it.
  • In response to the severity of the issue, CFLA's report proposes a comprehensive range of strategies to address the escalating rates of vehicle theft nationwide.

Canadian Automotive Industry Applauds Ford Government's Commitment to Combat Auto Theft

Retrieved on: 
Thursday, May 4, 2023
Theft, Advanced Technology Vehicles Manufacturing Loan Program, British Vehicle Rental and Leasing Association, CVMA, Crime, Canadian Automobile Association, Law enforcement, Insurance Bureau of Canada, Port, Ford, Franco-Ontarians, Canada Border Services Agency, Government, Port of Montreal, GAC, Federation, Alliance for Automotive Innovation, CADA, Drug

Representatives from each association are available for media interviews

Key Points: 
  • Ottawa, Ontario--(Newsfile Corp. - May 4, 2023) - The Canadian automotive industry stands united with the Ford government’s commitment to combat the alarming rise of auto theft in Ontario.
  • The significant investment of $51 million to identify and dismantle organized crime networks demonstrates this government’s commitment to reducing increasingly violent auto theft crimes that are making Ontarians feel less safe in their own communities.
  • Collaboration between the government, law enforcement, and the automotive industry is vital in addressing this issue.
  • This investment aims to fight auto theft and address the funding of organized crime and terrorist activities beyond our borders.

Economic Investment Alliance Launches, Urges Full Expensing for U.S. Businesses

Retrieved on: 
Thursday, March 23, 2023
AT&T, Partnership, Corning Inc., British Vehicle Rental and Leasing Association, American Car Rental Association, Senior, Puerto Rico Federal Relations Act of 1950, AT, Lobbying, Policy, API, United States Chamber of Commerce, Hertz, GCI, Government, Organization, Public expenditure, Congress, Lease, ELFA, CTIA, EIA, National Association of Manufacturers, Investment, United States Telecom Association, Growth, Verizon Communications, National Association, Commerce, Renewable energy, Altria

WASHINGTON, March 23, 2023 /PRNewswire/ -- The Economic Investment Alliance (EIA), a coalition of innovative companies advocating for full expensing to strengthen the American economy, formally launched today. EIA supports extending the 2017 full expensing tax provision, which began sunsetting at the beginning of this year, to encourage growth in a turbulent economic climate and drive American competitiveness.

Key Points: 
  • EIA supports extending the 2017 full expensing tax provision, which began sunsetting at the beginning of this year, to encourage growth in a turbulent economic climate and drive American competitiveness.
  • EIA is urging Congress to encourage continued investment in America by making the full expensing tax provision permanent."
  • The peconolicy has garnered full bipartisan support — especially in times of economic uncertainty — because it incentivizes companies to spend more sooner, stimulating both local and national economic growth.
  • The EIA seeks passage of this commonsense policy in the next available legislative vehicle that includes a tax package.

Creative Learning Corporation Files with FINRA to be renamed DriveItAway Holdings, Inc., and Requests New Symbol

Retrieved on: 
Thursday, April 7, 2022
DIA, Wharton School of the University of Pennsylvania, Forward-looking statement, Transport, Board, ESG, How I Braved Anu Aunty and Co-Founded a Million Dollar Company, Program, Electric vehicle, FINRA, CEO, British Vehicle Rental and Leasing Association, University, Bar, Electricity, Board of directors, Technology, Counsel, Industry, Association, GLOBE, Running, Phrase, Solution, Founder, Law school, Drive, E-commerce, New York Law School, Insurance, Mobile phone

A serial automotive industry entrepreneur and a dealership owner veteran, Possumato has over 30 years of car industry leadership experience.

Key Points: 
  • A serial automotive industry entrepreneur and a dealership owner veteran, Possumato has over 30 years of car industry leadership experience.
  • He is also an attorney, a graduate of the Law School at the University of Pennsylvania (J.D.)
  • He most recently helped create the Drive For Freedom Foundation, a nonprofit created to alleviate the Poverty of the Carless.
  • All forward-looking statements reflect DIAs good faith beliefs, assumptions and expectations, but they are not guarantees of future performance.DIAcautions investors not to unduly rely on any forward-looking statements.

Creative Learning Corporation, to be Renamed DriveItAway Holdings, Inc., Completes Final Closing of Transaction

Retrieved on: 
Thursday, March 24, 2022
Company, DIA, Partner, Wharton School of the University of Pennsylvania, Forward-looking statement, Transport, EV, Board, Patrizio, Program, Electric vehicle, CEO, British Vehicle Rental and Leasing Association, University, Bar, Electricity, Board of directors, Industry, Counsel, Association, School of Creative Learning, Creative, GLOBE, Running, Phrase, Solution, Founder, Law school, Maintenance, Drive, E-commerce, Brooklyn Law School, Insurance, Management

HADDONFIELD, N.J., March 24, 2022 (GLOBE NEWSWIRE) -- Creative Learning Corporation (to be renamed DriveItAway Holdings, Inc.) (OTCQB: CLCN) and DriveItAway, Inc., a Delaware corporation (DIA), an industry leader in new mobility platforms, announced today that they have now fully completed the Exchange Transaction.

Key Points: 
  • HADDONFIELD, N.J., March 24, 2022 (GLOBE NEWSWIRE) -- Creative Learning Corporation (to be renamed DriveItAway Holdings, Inc.) (OTCQB: CLCN) and DriveItAway, Inc., a Delaware corporation (DIA), an industry leader in new mobility platforms, announced today that they have now fully completed the Exchange Transaction.
  • The name of the Company will soon be changed to DriveItAway Holdings, Inc., to reflect its sole business focus and new management.
  • This is a very exciting time for us with the new management team in place as we welcome Paul to our Board.
  • He most recently helped create the Drive For Freedom Foundation, a nonprofit created to alleviate the Poverty of the Carless.

DriveItAway Consummates the Share Exchange with Creative Learning Corporation to Lead the Company in Enabling EV Subscription to Ownership for Entry Level and Credit Challenged Consumers

Retrieved on: 
Wednesday, March 2, 2022
New York Law School, Phrase, Employment, Running, Industry, Counsel, Law school, Forward-looking statement, EV, British Vehicle Rental and Leasing Association, University, Electricity, Solution, Program, Growth, Founder, Board, Electric vehicle, Company, ESG, Association, E-commerce, Carless, CEO, Board of directors, Wharton School of the University of Pennsylvania, DIA, Bar, OTCQB, Insurance, Creative, Transport, Drive, GLOBE, Security (finance), Management, Mobile phone

As a result of the Share Exchange, DIA became a wholly-owned subsidiary of CLCN with shareholders of DriveItAway, Inc. the beneficial owners of approximately 85% of the CLCNs common stock.

Key Points: 
  • As a result of the Share Exchange, DIA became a wholly-owned subsidiary of CLCN with shareholders of DriveItAway, Inc. the beneficial owners of approximately 85% of the CLCNs common stock.
  • With this exciting new development of being a public company, we can now fulfill two long time goals, says John F. Possumato, CEO of Creative Learning/DriveItAway.
  • A serial automotive industry entrepreneur and a dealership owner veteran, Possumato has over 30 years of car industry leadership experience.
  • The company is planning to soon expand its easy and transparent consumer app subscription to ownership platform to enable entry level consumers to drive and acquire new Electric Vehicles.

Creative Learning Corporation Enters Into Share Exchange Agreement to Acquire DriveItAway, Inc., Forming Wholly Owned Subsidiary; DriveItAway to Become the Operating Business Led by DriveItAway Management Team

Retrieved on: 
Thursday, December 9, 2021
ESG, Technology, Phrase, Counsel, CEO, Goal, Student, Forward-looking statement, Board of directors, GLOBE, University, STEAM, EV, Wharton School of the University of Pennsylvania, Industry, Creativity, E-commerce, New York Law School, Marketing, Founder, Running, Company, DIA, British Vehicle Rental and Leasing Association, R, LLC, Law school, Curriculum, Problem solving, Drive, Board, Insurance, Bar, Program, Association, Solution, Security (finance), Management

Closing of the Share Exchange is subject to a number of conditions, and is expected to occur in January 2022.

Key Points: 
  • Closing of the Share Exchange is subject to a number of conditions, and is expected to occur in January 2022.
  • Separately, the Company has entered into an agreement to sell its current learning business, which consists of its five wholly-owned subsidiaries.
  • following the closing of the Share Exchange to an entity affiliated with Chris Rego, the current Chief Executive Officer of Creative.
  • CEO of Creative Learning Corporation, Chris Rego said, "This transaction will open an exciting new chapter for our learning business, customers, franchise owners, and team members.