Lebanon Businessnews News

Gargour eyes Fiat
and Alfa Romeo
Talks in agreement with Saad and Trad
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T. Gargour & Fils Co. (TGF) is in talks to get the local dealership for Italian car maker Fiat, a source close to the talks said.

The source also said that the talks were done in agreement with Saad and Trad, the current Fiat distributor in Lebanon.

Fiat and Chrysler merged in 2014 to form the world’s seventh-biggest car maker Fiat Chrysler Automobiles. TGF already has the Chrysler dealership. If the new dealership goes ahead, it will allow TGF to sell the two brands of the one car manufacturer.

Other sources said that TGF is also seeking to obtain the dealership for Alfa Romeo cars, which are distributed locally by Bassoul & Hneine. But this is expected to take more time.

TGF was established in 1928 and is agent for Mercedes, as well as Jeep and Dodge. The group is also involved in other activities that include shipping and trade.
Reported by Shikrallah Nakhoul
Date Posted: Jun 03, 2016
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