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AutoCanada Inc T.ACQ

Alternate Symbol(s):  AOCIF

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

Bullboard Posts
Comment by ahson Nov 29, 2014 2:18pm
168 Views
Post# 23177285

RE:RE:Oil prices will put Alberta in the tank

RE:RE:Oil prices will put Alberta in the tankIts not just Alberta, all of Western Canada falls under the influence of low oil prices.  Perception is a big problem here, and everyone  in oil producing areas are going to be pulling in their horns financially for the next few months at least.  Buying a new car is a major purchase and easy to put off for the short term.  I would expect a substantial shock in the next Q or two for ACQ.  In the long term they may be able to pick up more franchaises at better prices as other dealerships come under pressure.  
Bullboard Posts