AutoCanada, is a leading North American multi-location automobile dealership group that operates 68 franchised dealerships within North America. They are comprised of 27 brands with dealership locations in eight provinces in Canada as well as a group in Illinois, USA. In Canada, AutoCanada currently sells Chrysler, Dodge, Jeep, Ram, FIAT, Alfa Romeo, Chevrolet, GMC, Buick, Cadillac, Infiniti, Nissan, Hyundai, Subaru, Mitsubishi, Audi, Volkswagen, Kia, Mazda, Mercedes-Benz, Smart, BMW, MINI, Volvo, Lincoln, and branded vehicles. In 2017, their Canadian dealerships sold approximately 63,000 vehicles and processed approximately 870,000 service and collision repair orders in their 999 service bays.
AutoCanada’s success has been based on buying family-owned dealerships and letting them flourish as part of a larger network. The US acquisitions included eight metro dealerships in Chicagoland, selling and servicing five different brands. The acquisition agreement also included six luxury and premium brands in an automall under one roof in Bloomington/Normal, Illinois. Grossinger is the oldest and longest continuously operated automotive retailer in Illinois, operating with 200 service bays across the platform and employing over 700 people. In 2017, the acquired dealerships sold 7,626 new vehicles and 7,304 used vehicles.
This Edmonton, Alberta success story has been accomplished through a dedicated team of over 4200 employees. Having started the business as a family run, entrepreneurial business; they are pleased with the substantial growth over the years allowing them to reach new potential and to be traded publicly on the Toronto Stock Exchange under the symbol ACQ. This multi-brand and geographical diversified strategy enables them to serve a diversified geographic customer base and enjoy benefits that are not available to single location dealerships.
For further information on AutoCanada, please visit their website at www.autocan.ca.