Investments in the mobility sector are perking up after a rough multi-year stretch, according to the latest data from financial insights firm Pitchbook. Deal vaues reached $6.7 billion in the second quarter in the segment.
Volvo has deep-sixed a vehicle subscription program available in more than 40 U.S. states.
Care by Volvo, launched in 2017, bundled vehicle use, road hazard coverage, maintenance and other services into a monthly payment.
Volvo on Sept. 12 told Automotive News it had suspended the program “for the foreseeable future.”
“This allows for concentrated focus on our core customer offers and the coming introduction of new products, [and an] increase in operational efficiencies,” spokesperson Russell Datz said.
Datz declined to disclose the number of subscribers and said those enrolled in the program can finish their term, after which they would be eligible for a $1,000 credit toward a new Volvo purchase or $500 toward a lease.
Volvo also is getting out of the subscription business in Europe, the automaker told Automotive News Europe.
Driving conquest
Volvo pitched the subscription program as a tool to draw younger buyers into the luxury brand with a lower price point. More than 80 percent of subscription customers were new to the brand, the automaker said previously.
By JOSH BOAK
WASHINGTON (AP) — Former President Donald Trump plans to deliver remarks next Monday about cryptocurrency and the launch of the company World Liberty Financial, a crypto platform controlled by the Republican nominee’s sons Donald Jr. and Eric.
His speech will come 50 days before Election Day, an extraordinary use of dwindling campaign time to promote a personal business. The Republican former president has long mixed his political and business interests and marketed sneakers, photo books and Trump-branded Bibles during his 2024 campaign.
“We’re embracing the future with crypto and leaving the slow and outdated big banks behind,” Trump said in a video posted Thursday to X, the social media site that will also host his address on the subject at 8 p.m. EDT on Monday from his Mar-a-Lago home.
As part of his presidential campaign, Trump has pledged to turn the United States into the “crypto capital of the planet,” raising red flags that he could use the federal government to help support a business tied to his family.
Stephanie Wohlford was appointed director of government affairs at Halifax Health, Daytona Beach.
Todd Demetriades has joined Ball Janik LLP as special counsel in the firm’s Orlando office.
Jackie Impellitier was promoted to chief operating officer at ZRS Management, Orlando.
Dani Moritz was appointed vice president of marketing and community relations at Boys & Girls Clubs of Central Florida.
Submit professional appointments, management-level promotions and significant awards for individuals, along with photos as .jpg attachments, to peopleonmove@orlandosentinel.com.
By Elizabeth Ayoola | NerdWallet
There are endless listicles online about how to make extra income while working full time, but how many of those options are realistic for busy moms? As master multi-taskers short on time, moms often need flexibility if they’re going to take on a side gig.
Sometimes a hobby, passion or skill you do effortlessly can make you extra money. Other times, you may need to acquire certain skills to make extra cash. Four full-time working moms — including myself — share gigs that fall into both categories.
Resume writing is one way Tonnesha Edmond, owner of Pretty Resumes and a mother to two kids in Lawrenceville, Georgia, makes extra income. Additionally, Edmond provides services like job application assistance and business proposals to clients.
“I’ve always been a great writer, so my family and friends would come to me to help them with their resume and I’ve always been a great researcher,” she says. “So even if I wasn’t super familiar with the job they were going after, I knew how to do the research so I could put together a resume that will actually help them get the job.”