About LMP Automotive Holdings, Inc.
LMP Automotive Holdings, Inc. engages in the provision of e-commerce platform for automobiles. It focuses on the buy, rent or subscribe, sell, and repeat business model. The buy business model offers pre-owned automobiles primarily through auctions or directly from other automobile dealers, and new automobiles from manufacturers and manufacturer distributors at fleet rates. The rent or subscribe business model leases automobiles to its customers or allowing them to enter into its subscription plan for automobiles in which customers have use of an automobile for a minimum of thirty days. The sell business model refers to its inventory, as well as automobiles previously included in its rental and subscription programs. The company was founded by Samer Tawfik in December 2017 and is headquartered in Plantation, FL.