Skip to main content

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

Company enters 2026 focused on disciplined expansion, national partnerships, and scalable solutions to the growing transportation affordability crisis

Philadelphia, PA, Jan. 05, 2026 (GLOBE NEWSWIRE) — DriveItAway Holdings, Inc. (OTC: DWAY) (“DriveItAway” or the “Company”), a digital mobility platform enabling flexible vehicle access and subscription-to-ownership programs through franchised dealers, today issued a year-end review and forward outlook from Founder and CEO John F. Possumato, highlighting operational progress in 2025 and strategic priorities for 2026.


A Year of Foundation, Validation, and Momentum

In 2025, DriveItAway continued its transition from early-stage innovation to national execution, anchored by strengthened governance, expanded market presence, and growing validation of its flexible vehicle access model.

During the year, the Company:

“These milestones reinforce what we have believed from the outset,” said Possumato. “Flexible access to personal transportation is no longer a niche alternative; it is becoming a necessary complement to traditional automotive retail and finance.”


Macro Forces Underscore Urgency

The Company’s progress in 2025 occurred against a backdrop of mounting affordability pressures across the U.S. automotive market.

According to widely reported industry data, new-vehicle prices have risen more than 30% since 2020, average transaction prices have surpassed $50,000, and monthly payments now average approximately $760. Loan terms continue to extend well beyond traditional norms, with a growing share of consumers taking on obligations lasting six, seven, or even eight years or more.

At the same time, consumer sentiment is shifting. Recent research in a Deloitte study indicates that approximately 44% of Americans would consider giving up vehicle ownership in favor of a subscription-based model, signaling a meaningful change in how consumers evaluate access versus ownership.

“These trends confirm that the market is actively searching for alternatives,” Possumato added. “Consumers want flexibility. Dealers want solutions that expand their addressable market without increasing balance-sheet risk. Our platform is designed to meet both needs.”


2026: From Expansion to Scalable Impact

Looking ahead, DriveItAway’s strategic priorities for 2026 will focus on converting momentum into durable, repeatable growth.

Key objectives include:

  • Launching our service to add twenty more major U.S. cities, which, combined with our current cities recently launched, will have DriveItAway operating in thirty-three regions throughout the US, building on established dealer relationships and market learnings
  • Quadrupling the number of vehicles we have on flexible lease, following tripling our vehicle fleet size during 2025
  • Forming referral/sales partnerships with at least two large national organizations, including OEM-adjacent, fleet, and enterprise partners, to address systemic gaps in personal vehicle access
  • Adding at least twenty more dealer groups, both as partners and investors, while scaling dealer programs into standardized, repeatable offerings that improve unit economics and operational efficiency
  • Make our flexible lease-to-ownership a nationally well known, industry standard and solution alternative for personal vehicle “ownership,” as a practical response to rising prices, extended loan terms, tighter credit standards, and increasing consumer financial stress

“Our mission remains clear,” said Possumato. “To expand access to personal transportation in a way that is economically rational, operationally disciplined, and aligned with the realities consumers and dealers face today.”

About DriveItAway Holdings. Inc.
DriveItAway Holdings, Inc. is the first national dealer-focused mobility platform that enables car dealers to sell more vehicles in a seamless way through eCommerce, with its exclusive “Pay as You Go” app-based subscription. DriveItAway provides a comprehensive turn-key, solutions-driven program with proprietary mobile technology and driver app, insurance coverages, and training to get dealerships up and running quickly and profitably in emerging online sales opportunities.

Cautionary Statement Regarding Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond our control, and may cause actual results to differ significantly from those expressed in any forward-looking statement. All forward-looking statements reflect our good faith beliefs, assumptions, and expectations, but they are not guarantees of future performance. We caution investors not to unduly rely on any forward-looking statements. The forward-looking statements speak only as of the date of this press release.

CONTACT: John F. Possumato
DriveItAway Holdings, Inc.
john@driveitaway.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.