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

Bullboard Posts

Post by TheTwiton Jun 13, 2020 5:07pm

208 Views

Post# 31147261

Woot

Admittedly short, but man, love this one for the quick hits. Zombie. I'm with all the others re: not for the long. What's the FMV of a $30 BV Chrysler dealership worth these days. IMHO it's only so long before we see the banks stop extending covenants and cutting their losses. Once the real estate tubes she's curtains....... The main street economics dont support bloated, heavily indebted consumer cyclicals for very long. The 3 and 4 year charts ... bye bye birdy when the banks feel a pinch.....

Bullboard Posts

How one company is disrupting PoC testing