AutoNation to Bid on ‘Multiple' Fiat Franchises
AutoNation Inc. said it plans to bid on "multiple" Fiat franchises after Chrysler unveiled its plans for the brand to dealers at a meeting in Detroit on Monday, Automotive News.
COO Michael Maroone said he was impressed with the presentation. AutoNation, the nation's largest automotive retailer, intends to seek multiple Fiat franchises, although it hasn't determined how many or where, he said.
“It is our plan to apply for a certain number of those,” Maroone said. “We went in (to the meeting) as skeptics and came out feeling that Chrysler and Fiat had developed a very solid plan, and we're very interested in being a retailer for them.”
CEO Mike Jackson included AutoNation's plans for seeking Fiat in "talking points" distributed to the financial community earlier today.
The Fiat 500 alone won't sustain separate Fiat operations, Maroone said.
“You'd need multiple models; you need good product cadence, which they did discuss with the dealers, and we were satisfied with the product cadence they have,” Maroone said.
“But certainly you can't build a stand-alone facility and staff it and create a culture just based on one model. Although the car was very cool. I was impressed.”
Chrysler also talked about Alfa Romeo.
“There's a commitment to bring Alfa Romeo to the United States, and the people that are able to obtain these Fiat franchises will not only have multiple products in the Fiat line, but they'll also have first opportunity at the Alfa franchises, assuming they perform,” Maroone said.
“So it's not a guarantee, but I think they're looking to leverage that Fiat network with Alfa. That's very desirable from a retailer's point of view.”
More Industry

Pennsylvania Dealership Under New Retailers
The sale of the Chrysler Dodge Jeep Ram store puts a family auto group on a leaner path as first-time dealers take the helm.
Read More →
Battery Storage Takes Priority Over EVs
U.S. automakers are prioritizing battery energy stationary storage over electric-vehicle production as the consumer demand for EVs lags the rest of the world.
Read More →
Auto Dealers Feel Better But Not Great
A second-quarter Cox Automotive poll of franchised retailers and independents found better views of the current market after a good spring but anticipation of third-quarter storminess.
Read More →
New-Vehicle Sales Picture Relative
A May forecast is complicated by last spring’s trade tariff effects on auto retail. Despite continued hard realities, many consumers took advantage of ways to bite the bullet.
Read More →
Auto Group Acquires Third Nissan Rooftop
Iowa-based Coleman Automotive Group recently acquired its seventh dealership, McGrath Nissan, which it renamed Nissan of Elgin.
Read More →
April Less Affordable
Based on prices, reduced incentives and slower household income growth, consumers found it more challenging to buy new last month, Cox Automotive reported.
Read More →
Building an Extraordinary F&I Agency
Work to determine your specialized talent, because that fact will determine everything about your agency’s future.
Read More →
Recipe for Compliance
The secret to both amazing barbecue and compliance is the same: understanding the basics and committing to a process.
Read More →
EVs Getting More Attractive
A growing percentage of U.S. consumers are open to switching and fewer are adverse to the idea, according to a recently completed survey. That’s despite the end of a tax break.
Read More →
EV Sales Drop in April Following Surge
North American electric-vehicle sales were down 28% year-over-year, a sharp contrast from global EV sales growth of 6%.
Read More →