Autonomy brings in Jesse Toprak as chief analyst, partners with Equifax
Longtime auto industry analyst Jesse Toprak, whose background includes time with Edmunds, TrueCar and Cars.com, is now the chief analyst at Autonomy, the electric vehicle subscription platform from Scott Painter and Georg Bauer.
Toprak was most recently the chief executive officer of CarHub. His auto analyst roles included being the chief analyst at Cars.com, the vice president of market intelligence at TrueCar and the executive director of industry analysis at Edmunds.
His 25-plus years in automotive includes roles at franchised dealerships, consulting with OEMs and work with consumer automotive companies.
“The automotive industry is making transformative changes at a pace that’s unprecedented in the last several decades and consumer preferences are starting to shift toward electric vehicles as an influx of models enter the market,” Toprak said in the release.
“I’m excited to join the Autonomy team and advance their mission to make access to electric vehicles more affordable and share my insights on the trends emerging across the mobility sector,” he said.
Painter, who is the founder and CEO of Autonomy, also founded TrueCar and worked with Toprak at that company.
“I’m excited to be working with Jesse again. As a leading automotive analyst with rich experience in the EV space,” Painter said in the news release.
“His insights and analysis will be important as the industry transforms, not only from ICE to EV’s, but also from buying, leasing and owning a vehicle, to flexible access vehicle subscription programs,” he said.
Autonomy’s partnership with Equifax
In other news from the company, Autonomy announced Friday that it has teamed up with Equifax. As part of their partnerships, Autonomy will utilize the Equifax InstaTouch ID mobile consumer identity and authentication solution as well as differentiated data and analytics from the company to help facilitate completely digital subscription transactions to occur on the consumer’s smartphone.
Autonomy said those transactions can happen in as quick as 10 minutes.
The company debuted its Tesla Model 3 subscription platform in January in California, and plans to expand to other markets and EVs.
"Consistent with our mission to deliver the cheapest, fastest and easiest way to get a Tesla Model 3, and to make access to electric vehicles easy and affordable, Equifax has enabled us to deliver on a 100% mobile and digital experience for consumers in 10 minutes," Painter said in a news release.
Equifax InstaTouch ID is designed to authenticate a consumer’s identity through the company’s differentiated and alternative data sources, allowing for pre-population of consumer data while they’re submitting an online application. This can help facilitate quick and easy consumer verification and credit standing on consumers for Autonomy.
“Leading subscription services today and tomorrow will define the new digital retailing in automotive, where consumers enjoy a fast, seamless and trusted transaction process in a mobile environment,” Lena Bourgeois, who is Equifax’s general manager of automotive services, said in a news release.
“We're excited to leverage our advanced data, tools and resources that only Equifax can deliver to help power Autonomy as a leader in subscription services today and in the future,” Bourgeois said.