Karmo’s acquisition of Motopool has cemented its market dominance as Australia’s largest car subscription provider. This move will enable Karmo to further improve flexible and convenient access to cars in Australia for affordable prices as it pushes towards its goal of redefining car ownership and providing the permanent new car experience.
Strength In Numbers to Drive Customer Experience
The acquisition is a part of greater strategy to expand into new customer segments, grow the number of car makes and models available on car subscription to drive customer experience through Karmo’s proprietary car subscription software. The acquisition also sees Motopool CEO Andrew Ricket and COO Laura Harewood joining the Karmo executive team as COO and CRO respectively, bringing a great deal of operational and market experience to the group.
Group Synergy
Both Karmo and Motopool have focussed heavily on making car subscription a convenient alternative to short term rentals, traditional leases and car ownership. This will continue to be the key focus. However the alignment of services, geographic locations in Brisbane, Sydney, Melbourne, Perth and Adelaide will enable the groups to be streamline operations, procurement and increase the makes and model available for subscription.
Karmo Acquires Motopool – As Seen In The Australian
You can read the full article about Karmo’s acquisition of Motopool on the Australian.
Thank You from Karmo CEO Nick Boucher
“This is a huge milestone for us, and it’s all thanks to the trust and support of customers like you. With this new partnership, we’re focused on delivering even more value—expanding our vehicle options, growing our technology, improving our operations, and extending our reach across Australia.”
Nick Boucher
Karmo CEO
Karmo, Australia’s largest Car Subscription Provider
Karmo is now Australia’s largest car subscription provider. We’re dedicated to providing an exceptional car subscription experience and access to the widest range of family SUVS, trusty Utes, premium cars and EVs. Regardless of where you live and your lifestyle, we’re sure to have the perfect car to suit all your needs.
Subscribing to a car with Karmo isn’t just about getting from point A to point B—it’s about enjoying the journey with the flexibility and convenience that fits your unique lifestyle. So why wait? Embrace the future of driving with Karmo today.
Karmo offers car subscriptions in all major Australian cities. Our delivery hubs are located in Sydney, Melbourne, Adelaide, Perth and Brisbane. To learn more about how to subscribe to a car, please contact us or submit an enquiry form.
