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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 over 83 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 investedwolfon Mar 21, 2016 11:09am
191 Views
Post# 24683347

RE:RE:Pat built this Company based on his exceptional skills

RE:RE:Pat built this Company based on his exceptional skillsMark my words the first move Landry will make will be to surround himself with ex Corporate Cronies. There are very few if any Dealers in this Country that would tell you that the Manufacturers understand the retail side of the Automotive Business. As Pat prepares to retire many of the very talented people in Dealerships who have been with Pat for years will see this as their opportunity to exit . Pat has many talented car guys who have done very well and have remained very loyal to him over the years and once he is gone I expect there will be a mass exodus within 6 months. None of these guys need the money and replacing them would not be an easy task. For those that underestimate the profound leadership Pat provided to ACQ and believe that a Corporate type will replace him, take it from a life long car person, you are dreaming! 
Bullboard Posts