Derek Jeter wrapped up his baseball career in rival-city Boston this past weekend and is now setting his sights on digital publishing. The Players’ Tribune went live yesterday, Oct. 1 and now the former Yankees captain has a new role–founding publisher.Presently, the landing page only features a letter from Jeter explaining the goals and objectives for the project.”I do think fans deserve more than ‘no comments’ or ‘I don’t knows,’” Jeter writes. “Those simple answers have always stemmed from a genuine concern that any statement, any opinion or detail, might be distorted. I have a unique perspective. Many of you saw me after that final home game, when the enormity of the moment hit me. I’m not a robot. Neither are the other athletes who at times might seem unapproachable. We all have emotions. We just need to be sure our thoughts will come across the way we intend. So I’m in the process of building a place where athletes have the tools they need to share what they really think and feel. We want to have a way to connect directly with our fans, with no filter.” The current site iteration looks similar to Medium, and the concept itself is somewhat similar, as well. That is, like Medium, The Player’s Tribune will be a user-generated storytelling platform. And given Jeter’s clout, it’s likely that high-profile athletes will make up the roster of contributors. No word from Jeter yet on the site’s monetization model. The site will be revealing more information about its plans today and hereafter.Jeter isn’t the first ex-major leaguer to launch his own media company. Lenny Dykstra tried his hand in publishing when he launched The Player’s Club magazine, which was marketed to former athletes looking to invest their career earnings. The magazine was also tied to an online investment site called Nails Investment. Things didn’t turn out too well, however.Dystra’s several investments were not successful, which led to bankruptcy and illegal activities–mostly fraud. He was sentenced to three years in prison in 2012 as a result.Highly unlikely Jeter’s career in publishing will have a similar ending.
Tags Enlarge ImageCare By Volvo started with the XC40, but now encompasses five different model lines. Volvo Care By Volvo, the Swedish automaker’s monthly subscription program, has arguably been the only such plan to gain significant traction in America’s new-car marketplace. Now, Volvo is doubling down on the program, announcing expansion details that include more markets and more vehicles for its all-in-one, flat-rate monthly payment plan.Developed as an alternative to traditional vehicle leasing and purchase financing, Care By Volvo hasn’t been without its hiccups and controversies. The novel program has labored to overcome regulatory hurdles while slowly expanding state by state, and the plan has even rankled some members of the company’s dealership body. In fact, the California New Car Dealers Association asked the automaker to stop offering CBV in the Golden State back in 2018, and the California DMV is investigating the program for possible violations. Despite these obstacles, Care By Volvo appears to be meeting with greater consumer interest than any other automaker subscription program, and Volvo is understandably keen to capitalize on that momentum. First offered on select versions of Volvo’s entry-level XC40 crossover last year, the program recently expanded Care By Volvo to include the company’s new S60 sport sedan. Now, CBV is adding 2020 XC60 and XC90 SUV models, along with its V60 Cross Country lifted wagon. Interestingly, despite wide spreads in vehicle prices, there’s very little variation in Care By Volvo monthly pricing. For example, an XC40 T5 AWD in Momentum trim retails from $37,340 delivered, and runs $700 a month through CBV. The XC90 T6 AWD in Momentum trim retails for $57.940 delivered, but only costs $800 in installments — just $100 more per month. In other words, if you’re considering joining the program, bigger might be better from a value perspective.Care By Volvo pricingPer monthXC40 T5 AWD Momentum$700S60 T5 FWD Momentum$700XC40 T5 AWD R-Design$750S60 T6 AWD R-Design$750V60 Cross Country T5 AWD$750XC60 T5 AWD Momentum$750XC90 T6 AWD Momentum$800Care By Volvo involves a two-year agreement, with customers given the option to change to a different vehicle in the program after the first 12 months. When CBV was first announced in late 2017, the program started at $600 a month.At a media ride-and-drive event in Banff, Alberta, Volvo spokesperson Jim Nichols confirmed to Roadshow that “…well over 95% of Care By Volvo subscribers are first to the Volvo brand.” Converting first-time customers and so-called conquest buyers (those who presently own vehicles from other brands) is a difficult and particularly sought-after accomplishment among automakers, making 95% a very impressive statistic. 36 Photos 2020 Volvo XC90 is a slicker, safer Swedish SUV According to Nichols, Care By Volvo is now offered in 49 of 50 US states. New York — notoriously viewed as America’s most problematic auto insurance market for regulatory reasons– remains the lone holdout. The program recently launched in Canada, as well.While Volvo officials Roadshow spoke with declined to estimate how many customers are signing up for Care By Volvo on eligible vehicles, Nichols did offer some context, stating, “I will say the percentage is in single digits.”Volvo has been working to remove bottlenecks in the Care By Volvo signup and vehicle selection process, too. For starters, the CBV app, available on Android and Apple IoS platforms, is now a one-stop shop for both credit and insurance approval. According to Volvo, it’s possible to apply and be approved for a subscription within five minutes. 2019 Volvo S60 review: More competitive than ever Volvo More From Roadshow 2020 Volvo XC90 first drive: An improvement worth subscribing to 1 Roadshow’s long-term 2019 Volvo XC40 after three months 2020 Volvo V60 Cross Country first drive: Small changes make a big impact 53 Photos Comment Share your voice Car Industry Mobile Apps Additionally, Volvo is working with its insurance partner, Liberty Mutual, to reorganize and streamline the plan’s insurance component. At present, individual policies are issued to individual customers, and as a result, it takes 24 to 48 hours for a policy to bind, delaying subsequent vehicle deliveries by a day or more. The automaker is working with Liberty Mutual on a new arrangement where an insurance card can be printed out right at the dealer in order to speed up the transaction. Right now, that process is in place in seven states, with plans calling for nationwide rollout by year’s end.Getting an insurance card doesn’t mean much if there are no vehicles available, of course. “We’re continuing to work with our retail partners on not only the subscription process, but also the delivery process,” says Nichols. At present, Care By Volvo vehicles all come from central stocks held at shipping ports. If you’re near to the ports (Newark, New Jersey and Los Angeles, California), you can probably get a car in 24 hours, but for other markets, it can take days. Volvo is working to change its process so that vehicles can be pulled directly from dealer stock for quicker delivery. Volvo says a vehicle can be applied and subscribed to within five minutes. Volvo Other automakers’ pilot subscription programs have functioned very differently from Volvo’s scheme, including Book By Cadillac, which was halted, only to be rebooted after a cold reception by consumers. The initial program called for hefty $1,800 monthly payments, but allowed users to swap vehicles 18 times per year to suit their needs, from sedans to SUVs. Mercedes-Benz Collection, the German automaker’s subscription plan, has a similar structure, with varying vehicle access by tier, costing between $1,595 and $2,995 a month. While Volvo has not disclosed how many customers have signed on to Care By Volvo, it looks like it will become an increasingly important tool for the automaker going forward. The key to the program’s long-term success may not just be convincing consumers about the merits of the program — it might just be getting more dealers and regulators onboard. Volvo
Taking a jibe at Delhi Chief Minister Arvind Kejriwal, Delhi BJP chief Satish Upadhyay has said that he has now taking U-turn on his favourite tool ‘sting operation’.“Kejriwal has used sting operations to defame several politicians but now his team is questioning the legality of the operation,” said Satish Upadhyay. He was speaking on the recently released audio tapes of Kejriwal’s telephonic conversation. He further argued that the truth of Kejriwal who claims to be practising clean politics, transparency, nationalism and internal democracy and Lokpal, has been exposed. “It is surprising that the party and its leaders who were claiming of exposing corruption by recording and sting operations are now saying that these stings are not acceptable under law when their turn has come,” he added. He also claimed that the audio sting of talk between Kejriwal and former AAP MLA Rajesh Garg has also exposed the politics of dividing society on communal lines by AAP.