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 about 82 franchised dealerships, comprised of 28 brands, in eight provinces in Canada as well as a group in Illinois, United States. It sells Acura, Alfa Romeo, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, FIAT, Ford, GMC, Honda, Hyundai, Infiniti, Jeep, Kia, Lincoln, Mazda, Mercedes-Benz, MINI, Nissan, Porsche, Ram, Subaru, Toyota, Volkswagen, and Volvo 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 27 collision centers.

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AutoCanada Inc

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Post by Addisonon Jan 28, 2014 11:27am

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Post# 22142259

Canadian Auto sector

I happen to work fulltime in the automotive sector and as far as I can tell the auto sales have continued to increase at a fairly steady pace. Also my friend works at Autohaus volkswagen in winnipeg and hes told me they are doing well aswell.

This company is being dragged down like everything else in the market lately. All the news around the world with china and the fed and blah blah blah...its old news.

I expect nothing short of another positive growth news released and anopther dividend increase

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