Autotorino S.p.A. Company Profile

Background

Autotorino S.p.A. is a leading Italian automotive dealership group, established in 1965 in Cosio Valtellino, a town in the Valtellina region of northern Italy. Over the past six decades, the company has evolved from a small family-run business into a prominent player in the Italian automotive market. As of 2024, Autotorino operates 70 dealerships across 24 provinces in six regions: Piemonte, Lombardia, Emilia-Romagna, Friuli-Venezia Giulia, Veneto, and Lazio. The company employs approximately 2,900 staff members and represents nine automotive brands, including Hyundai, Mercedes-Benz, Lexus, Toyota, Smart, Mitsubishi, SsangYong, Kia, Jeep, Subaru, Mini, BMW, and BMW Motorrad.

Key Strategic Focus

Autotorino's strategic focus encompasses several key areas:

• Expansion and Market Penetration: The company has been actively expanding its presence both domestically and internationally. Notably, in May 2023, Autotorino acquired Mercedes-Benz Roma S.p.A., adding six additional locations in Rome to its portfolio.

• Technological Innovation: In July 2023, Autotorino partnered with BYD, a leading Chinese electric vehicle manufacturer, to open the first BYD Pioneer Store in Italy, located in Milan's Piazza del Duomo. This collaboration aims to introduce innovative electric mobility solutions to the Italian market.

• Customer-Centric Services: The company emphasizes enhancing customer experience through digital platforms and personalized services. In 2022, Autotorino launched a new website designed to facilitate vehicle purchases, sales, and provide comprehensive mobility solutions.

Financials and Funding

In 2024, Autotorino reported a turnover of €2.65 billion, with over 73,000 vehicles sold, including both new and used cars. The company has demonstrated consistent growth, with a 14.5% increase in turnover in 2022 compared to the previous year. Autotorino has also invested significantly in its infrastructure and services, including a €75 million investment plan over three years, focusing on structural improvements and technological advancements.

Pipeline Development

Autotorino's pipeline development is characterized by strategic acquisitions and partnerships:

• Acquisitions: The acquisition of Mercedes-Benz Roma S.p.A. in May 2023 expanded Autotorino's presence in the capital city, enhancing its market share and brand representation.

• Partnerships: The collaboration with BYD in July 2023 to open the first BYD Pioneer Store in Italy signifies Autotorino's commitment to embracing electric mobility and diversifying its product offerings.

Technological Platform and Innovation

Autotorino's technological initiatives include:

• Digital Transformation: The launch of a new website in 2022 aimed to enhance the online customer experience, offering services such as vehicle purchases, sales, and mobility solutions.

• Electric Mobility: The partnership with BYD to open the first BYD Pioneer Store in Milan showcases Autotorino's dedication to integrating electric vehicles into its portfolio, aligning with global sustainability trends.

Leadership Team

Autotorino's leadership team comprises:

• Plinio Vanini: President of Autotorino, overseeing strategic direction and growth initiatives.

• Stefano Martinalli: General Manager, responsible for operational management and implementation of company strategies.

• Mattia Vanini: Vice-President, focusing on business development and expansion projects.

Competitor Profile

Autotorino operates in a competitive landscape with several key players:

• Gruppo Fassina: A significant automotive dealership group in Italy, offering a wide range of vehicle brands and services.

• Gruppo Bossoni: Another prominent dealership group, known for its extensive network and customer service excellence.

• Gruppo L'Automobile: A dealership group with a strong presence in the Italian market, providing various automotive solutions.

Strategic Collaborations and Partnerships

Autotorino's strategic collaborations include:

• BYD Partnership: The opening of the first BYD Pioneer Store in Milan in July 2023, marking a significant step into the electric vehicle market.

• Mercedes-Benz Acquisition: The acquisition of Mercedes-Benz Roma S.p.A. in May 2023, expanding Autotorino's footprint in Rome and enhancing its brand portfolio.

Operational Insights

Autotorino's operational strategy focuses on:

• Expansion: Increasing market presence through acquisitions and new store openings.

• Innovation: Investing in digital platforms and electric mobility to meet evolving customer preferences.

• Customer Experience: Enhancing service quality and accessibility across physical and online channels.

Strategic Opportunities and Future Directions

Autotorino's future strategies include:

• Sustainability: Expanding the electric vehicle segment to align with global environmental goals.

• Digitalization: Enhancing online services to provide a seamless customer experience.

• Geographical Expansion: Continuing to grow its presence in key Italian cities and exploring international markets.

Contact Information

• Official Website: www.autotorino.it

• Social Media Profiles:

• Facebook: Autotorino S.p.A.

• Instagram: @autotorino

• LinkedIn: Autotorino S.p.A.