AutoNation Mobility is offering a fully
digital shopping experience with a selection of top brands and the
convenience and flexibility of 6 to 12-month micro leases
FORT
LAUDERDALE, Fla., Nov. 14,
2023 /PRNewswire/ -- AutoNation, Inc. (NYSE:AN), a
provider of personalized transportation services and America's most
admired automotive retailer, has announced the launch of AutoNation
Mobility, a fully digital shopping experience and new vehicle micro
lease model offering Customers short-term access to a wide range of
competitively priced vehicles across brands without the need to
purchase. The micro lease program is available initially in
Los Angeles, Northern California, and South Florida.
With the AutoNation Mobility vehicle micro lease model,
Customers can now enjoy the convenience and flexibility of driving
a different vehicle every six to 12 months, depending on the
selected commitment duration, without the added responsibility of
owning or long-term financing. AutoNation Mobility's fully digital
journey allows Customers to select their vehicle online from
thousands of new vehicles, including sedans, SUVs, trucks, and
luxury cars from renowned automotive brands, and complete their
transaction online.
"AutoNation Mobility puts the Customer firmly in the driver's
seat, offering them a fully digital shopping experience and the
freedom to drive away in the vehicle that suits their needs at any
given time, without the commitment to ownership," said Ivan Mihov, VP of AutoNation Mobility at
AutoNation. "We're always seeking to establish innovative
transportation solutions that meet the evolving needs of today's
Customer, and we believe Mobility has the potential to reshape and
revolutionize how people choose what they drive and how long they
drive it moving forward."
AutoNation Mobility plans to include maintenance and roadside
assistance with its micro leases, and options to extend or buy the
vehicle at term-end. Customers can enjoy peace of mind knowing that
their vehicle is protected and well-maintained through AutoNation,
without any additional costs.
AutoNation Mobility offers Customers an intuitive digital
experience with the ability to select and configure vehicles
through unique curated collections called "Playlists," which are
tailored to a range of consumer personalities and lifestyles. There
is also the option to find exact vehicle makes and models.
"The launch of AutoNation Mobility is the next step in the
company's trajectory to becoming the nation's most comprehensive
provider of transportation solutions offering Customers a connected
and convenient range of products and services," said Mike Manley, CEO at AutoNation.
AutoNation will showcase AutoNation Mobility at the highly
anticipated LA Auto Show, running from November 16th to November 26th at the
Los Angeles Convention Center. Our
involvement starts on November 16,
coinciding with the 2023 AutoMobility LA media day. The LA Auto
Show provides AutoNation Mobility with a unique platform to connect
with industry enthusiasts, experts, and potential partners.
To find out more about AutoNation Mobility, please visit
AutoNationMobility.com.
About AutoNation, Inc.
AutoNation, a provider of personalized transportation services,
is driven by innovation and transformation. As one of America's
most admired companies, AutoNation delivers a peerless Customer
experience recognized by data-driven consumer insight leaders,
Reputation and J.D. Power. Through its bold leadership and brand
affinity, the AutoNation Brand is synonymous with "DRVPNK" and
"What Drives You, Drives Us." AutoNation has a singular focus on
personalized transportation services that are easy, transparent,
and Customer-centric.
Please visit www.autonation.com, investors.autonation.com, and
www.twitter.com/AutoNation, where AutoNation discloses additional
information about the Company, its business, and its results of
operations. Please also visit www.autonationdrive.com,
AutoNation's automotive blog, for information regarding the
AutoNation community, the automotive industry, and current
automotive news and trends.
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
All statements other than statements of historical fact are, or may
be deemed to be, forward-looking statements. Words such as
"anticipates," "expects," "intends," "goals," "targets,"
"projects," "plans," "believes," "continues," "may," "will,"
"could," and variations of such words and similar expressions are
intended to identify such forward-looking statements. Statements
regarding our strategic initiatives, partnerships, and investments,
including AutoNation Mobility, statements regarding our
expectations for the future performance of our business and the
automotive retail industry, and other statements that describe our
objectives, goals, or plans, are forward-looking statements. Our
forward-looking statements reflect our current expectations
concerning future results and events, and they involve known and
unknown risks, uncertainties, and other factors that are difficult
to predict and may cause our actual results, performance, or
achievements to be materially different from any future results,
performance, and achievements expressed or implied by these
statements. These risks, uncertainties, and other factors include,
among others: our ability to implement successfully our AutoNation
Mobility initiative; our ability to attract consumers to new
transportation solutions; economic conditions, including changes in
unemployment, interest, and/or inflation rates, consumer demand,
fuel prices, and tariffs; supply chain disruptions and inventory
availability; regulatory factors affecting our business; and other
factors described in our news releases and filings made under the
securities laws, including, among others, our Annual Reports on
Form 10-K, our Quarterly Reports on Form 10-Q and our Current
Reports on Form 8-K. Forward-looking statements contained in this
news release speak only as of the date of this news release, and we
undertake no obligation to update these forward-looking statements
to reflect subsequent events or circumstances.
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SOURCE AutoNation, Inc.