Autocanada To Sell 13 Dealerships In U S Connect Cre Canada

Autocanada To Sell 13 Dealerships In U S Connect Cre Canada Autocanada remains actively engaged in the divestiture of its remaining four u.s. dealerships, consisting of hyundai of lincolnwood, kia of lincolnwood, toyota of lincoln park, and toyota of lincolnwood. Autocanada has entered into a definitive agreement to sell 13 franchised dealerships in the u.s. midwest for about $82.7 million, including approximately $6.4 million in real estate.

Autocanada To Sell 13 Franchised Dealerships From U S Operations Autocanada's continuing operations consist of 64 franchised dealerships in canada, comprised of 23 brands in eight provinces, as well as 29 collision centres. Autocanada remains actively engaged in the divestiture of its remaining four u.s. dealerships, consisting of hyundai of lincolnwood, kia of lincolnwood, toyota of lincoln park, and toyota of lincolnwood. all dollar amounts in this press release are in canadian dollars. Autocanada plans to sell 13 franchised dealerships in its u.s. operations segment, the dealer group recently announced. they said the group entered into definitive agreements to sell the facilities, which are being sold across multiple purchasers. Edmonton based automotive dealership owner and operator autocanada inc. has agreements to sell 13 of its 17 u.s. based properties after classifying its holdings in the u.s. as a discontinued operation in its 2024 year end financial report.

Autocanada Agrees To Sell 13 U S Franchises For 82 7m Automotive News Autocanada plans to sell 13 franchised dealerships in its u.s. operations segment, the dealer group recently announced. they said the group entered into definitive agreements to sell the facilities, which are being sold across multiple purchasers. Edmonton based automotive dealership owner and operator autocanada inc. has agreements to sell 13 of its 17 u.s. based properties after classifying its holdings in the u.s. as a discontinued operation in its 2024 year end financial report. Detailed price information for autocanada inc (acq t) from the globe and mail including charting and trades. Autocanada remains actively engaged in the divestiture of its remaining four u.s. dealerships, consisting of hyundai of lincolnwood, kia of lincolnwood, toyota of lincoln park, and toyota. Autocanada inc. has firmed up agreements to sell 13 of its 17 new vehicle franchises in the united states as it prepares to exit the american market and refocus on canada. Autocanada has taken a major step toward divesting its u.s. dealerships. the retailer, which previously announced it has classified its u.s. operations segment as a discontinued.