Wrench the Seattle-based startupwhich provides mobile mechanics on demand, is looking to take on the auto industry as it is.Now it’s looking likethe traditional auto-care industryis looking to join the party.
Mobile Auto Repair Mechanics
mobile mechanic Washington DCWrench published a report on Wednesday that Bridgestone Americas made a 10% minority investment in the company.The value of the 10 percent stake in Bridgestone Americas wasn’tpublicly disclosed by the two companies.Wrench earlier raised moneythroughthe $20 million Series C round in November 2022.
Bridgestone, an Japanese tire maker that datesto at least 90 years ago, has a stronger U.S. presence since it bought Firestone in the year 1988.While it is primarily known for its tires Bridgestone also sells other automobile parts, makes bicycles, is a sponsor ofsporting events , and runs more than2200 of its own automotive service shops owned by the company.
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Bridgestone mobile mechanic Tucson ArizonaBridgestone plans to use these complementary services to extend its presence in the auto-servicebusiness. The announcement specifically highlights Wrench’s automotive maintenance on-site as well as roadside and towingvehicle detailing and used-vehicle inspectionservices..
The two companies will be launchingpartnerships with customers in the second quarter of this year.This includes the possibility to receivea Wrench referral rewardsfrom Bridgestone retail outlets, as well asmaking use of Wrench to make appointments at Firestone Complete Auto Care stores. Brian Goldstine of Bridgestone Americas‘ mobility solutions, stated in an announcement that “consumer desiresfor car maintenance are evolvingdue to the rise ofthe internet and online services.”“Wrench along with ourcompany-owned retail stores and affiliateddealer partners, will createan unbeatable service platform that gives consumersan unrivaled automotive experience with added convenience and the ability to adapt.”mobile mechanic Wilmington North Carolinafor consumers
Tire Company Bridgestone Invests in Mobile Mechanic Startup
Ed Petersen, Wrench CEO explained that Wrench provides a technologically-advanced solution that provides conveniencethe full range of automobile maintenance and repair services.“Our partnership with Bridgestone will assist in accelerating the industry’s digital transformation.Both firms will be ableimprove their customer service offeringsand increase ourknowledge of technology and car caretogether.
