LatAm Autos Limited announced it has launched its own mechanical guarantee product in the Mexican market. LAA continues its transition to becoming an online vehicle transaction marketplace, involving the offer of a wide range of Cross Sell products to vehicle buyers and sellers. LAA is announced a new Cross Sell product in partnership with SNG Group. Through the white label Motorfy Extended Warranties product, car dealer customers will be able to offer extended warranties to car buyers and sellers alike. The product is integrated directly to the Company's payment gateway and internal CRM and will automatically form part of any financed vehicle through Motorfy, unless customers choose to opt out. Distribution: LAA will distribute its Extended Warranty through two channels: As a standalone product (6.4m used car sales in Mexico annually). In conjunction with auto loans sold through Motorfy (increasing ARPU to LAA by 23% 1).