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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Comment by ahson Dec 16, 2014 4:58pm

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Post# 23237451

RE:RE:RE:Alberta auto sales keep rising despite dip in oil prices

I was struck by the comment: “So much for lower oil prices cratering the new vehicle market in Canada’s oil rich provinces.
This was based on November car sales. Reminds me of the story of the guy who jumped from a 20 storey building, and people said he would die. But as he passed the 10th floor he remarked "I guess those people were wrong. I'm half way down and feeling great".
Spring car sales will be poor. ACQ is still a great story, but not in the short term.

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