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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.


TSX:ACQ - Post by User

AutoCanada Inc
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Comment by Tobuyornoton Aug 20, 2014 5:19pm
171 Views
Post# 22862290

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

RE:To consider... Rosy future in car sales?
As per usual OP you are confusing Canada for the USA. This caused you to short ACQ at $36 (OUCH!) and still keeps you away at today's price. US full employment rate has yet to even come close to 2008 numbers. Canada has way exceeded its 2008 numbers. They are still climbing. Auto sales will remain robust.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities