AutoCanada Archives

AutoCanada Expands Ownership in Digital Auto Sales, Bolsters Online C2C Finance and Insurance Segment with Major Investment

EDMONTON, AB – AutoCanada Inc., a leading Canadian automobile dealership group, recently announced a significant stride in consolidating its digital automotive sales sector. In a landmark move, the company confirmed receiving a $25 million investment from iA Financial Group for...

January 5, 2024

AutoCanada continues to build used-car program with latest purchase

Car Dealerships

AutoCanada continues to build used-car program with latest purchase

Source: Auto Remarketing. AutoCanada has purchased Ontario independent dealer Mark Wilson’s Better Used Cars, a move the retailer says augments its plans of building its Used Digital Retail Division. This is the second independent dealer AutoCanada has purchased. In a...

August 15, 2021

AutoCanada increases used-car retail sales by 52%

Car Dealerships

AutoCanada increases used-car retail sales by 52%

AutoCanada increases Q1 used-car retail sales by 51.9% year-over-year. Here are a few interesting figures: 🚗 AutoCanada retailed a combined 9,734 used vehicles in the first quarter. 🚗 Used-vehicle revenue climbed from $229.36 million a year ago to $364.07 million...

May 12, 2021