AutoNation to offer used-car subscription service from Fair [Reuters (UK)]
AutoNation, Inc. (AN)
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Source: Reuters
AutoNation to offer used-car subscription service from Fair | Reuters 2 Min Read (Reuters) - AutoNation Inc ( AN.N ) will offer a used-car subscription service from auto leasing startup Fair through AutoNation’s network of more than 300 U.S. dealers, starting later this month in California, the companies said on Thursday. The service, described as an alternative to traditional ownership and leasing, is similar to new-vehicle subscriptions offered by several automakers, including Zhejiang Geely Holding Group Co Ltd’s Volvo Car Corp, BMW AG ( BMWG.DE ) and General Motors Co’s ( GM.N ) Cadillac. AutoNation, based in Fort Lauderdale, Florida, said the Fair service will bundle routine maintenance and roadside assistance in a monthly subscription that can be ordered through a mobile app and canceled at any time. Customers can add features such as insurance. Based in Santa Monica, California, Fair was founded in 2016 and has raised more than $1 billion in debt and equity financing. Its
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- Is There An Opportunity With AutoNation, Inc.'s (NYSE:AN) 22% Undervaluation? [Yahoo! Finance]Yahoo! Finance
- Americans increasingly upside down on auto loans as used car values fall [FOX Business Network]FOX Business Network
- AutoNation (AN) Up 6.8% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]Yahoo! Finance
- United States Used Car Market Report: CAGR of 4.14% Forecasted for 2022-2027 [Yahoo! Finance]Yahoo! Finance
- AutoNation, Inc. (NYSE: AN) was upgraded by analysts at Morgan Stanley from an "underweight" rating to an "equal weight" rating. They now have a $140.00 price target on the stock, up previously from $117.00.MarketBeat
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Sec Filings
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