AutoCanada Inc T.ACQ

Alternate Symbol(s): AOCIF

Consumer Cyclical Auto & Truck Dealerships

AutoCanada Inc. is a Canada-based multi-location franchised automobile dealership company. It offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services. Its segments include Canadian Operations and U.S. Operations. It operates over 85 franchised dealerships, comprised of 28 brands, in eight provinces in Canada as well as a group in Illinois, United States. It sells Chrysler, Dodge, Jeep, Ram, FIAT, Alfa Romeo, Chevrolet, GMC, Buick, Cadillac, Ford, Infiniti, Nissan, Hyundai, Subaru, Audi, Volkswagen, Kia, Mazda, Mercedes-Benz, BMW, MINI, Volvo, Toyota, Lincoln, Acura, Honda and Porsche branded vehicles. Its Canadian Operations segment operates three used vehicle dealerships and one used vehicle auction business supporting the Used Digital Division, 13 RightRide division locations, and 11 stand-alone collision centers within its group of 28 collision centers.

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AutoCanada Inc

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Comment by picassoloveron Aug 21, 2014 7:40am

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Post# 22863640

RE:RE:RE:RE:RE:To consider... Rosy future in car sales?

repossessions in the USA have nothing to do with lending in Canada period! I work for a Bank here and know , Canada's repo rate is extremely low . The banks and others have a ton of money to lend, even an increase in repos would not dappen this mommentum. Yes what happens in the USA effects us however the TSE is still up 15% this year! Financials and engery are the main drivers. OR as ususal you are all wet! My year end prediction $86 to $92 .

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