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AutoCanada Inc. (T:ACQ)

Business Focus: Auto Vehicles, Parts & Service Retailers

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Aug 23, 2019 08:00 am ET
AutoCanada Announces Sale-Leaseback Transaction With Capital Automotive
EDMONTON, Aug. 23, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) is pleased to announce that it has completed a sale-leaseback transaction for two properties on which three of its dealerships are located with Capital Automotive Real Estate Services Inc.  AutoCanada will lease the properties from Capital Automotive under long-term triple net leases.
Aug 08, 2019 07:43 pm ET
AutoCanada Reports 2019 Second Quarter Results
EDMONTON, Aug. 8, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, today reported its financial results for the three month period ended June 30, 2019.
Jul 29, 2019 08:35 pm ET
AutoCanada Announces Credit Facility Amendment
EDMONTON, July 29, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that its lenders under the Company's syndicated credit facility have agreed to extend the previously granted increase to the Company's maximum permitted Total Funded Debt to EBITDA ratio from 4.00:1.00 to 4.50:1.00 for the period from July 1, 2019 to March 31, 2020. After March 31, 2020, the Company's maximum permitted Total Funded Debt to EBITDA Ratio will be 4.00:1.00.
Jul 25, 2019 06:32 pm ET
AutoCanada Announces Release Date, Conference Call and Webcast for Q2 2019 Financial Results
EDMONTON, July 25, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) a multi-location North American automobile dealership group, announced today that it will release its financial results for the quarter ended June 30, 2019 on Thursday, August 8, 2019 after market close. The Company will hold a conference call and webcast to discuss the results on Friday, August 9, 2019 at 9:00am Mountain Time (11:00am Eastern).
Jul 04, 2019 04:30 pm ET
AutoCanada Announces Appointment of New Chief Financial Officer
EDMONTON, July 4, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that it has appointed Mike Borys as its Chief Financial Officer, effective August 12, 2019.
Jun 25, 2019 08:33 pm ET
AutoCanada Announces Completion of Sale-Leaseback Transaction For Three Properties With Automotive Properties REIT
EDMONTON, June 25, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that it has completed the previously announced sale of three parcels of real estate to Automotive Properties Real Estate Investment Trust (the "REIT") for a total purchase price of approximately $30.4 million. The Company will use the proceeds from the sale to pay down its credit facility.
Jun 12, 2019 05:15 pm ET
AutoCanada Announces Sale-Leaseback Transaction for Three Properties With Automotive Properties REIT
EDMONTON, June 12, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that it has entered into agreements to sell three parcels of real estate to Automotive Properties Real Estate Investment Trust (the "REIT") for a total purchase price of approximately $30.4 million.
May 07, 2019 06:14 pm ET
AutoCanada Announces Voting Results
EDMONTON, May 7, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that all resolutions were passed at its Annual and Special Meeting held on May 3, 2019. A total of 14,620,299 common shares (representing 53.24% of the issued and outstanding common shares of the Company) were represented in person or by proxy at the meeting. The following nominees were duly elected as directors of the Company for the ensuing year:
May 02, 2019 10:53 pm ET
AutoCanada Reports 2019 First Quarter Results
EDMONTON, May 2, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, today reported its financial results for the three month period ended March 31, 2019.
Apr 11, 2019 05:02 pm ET
AutoCanada Announces Release Date, Conference Call and Webcast for Q1 2019 Financial Results
EDMONTON, April 11, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) a multi-location North American automobile dealership group, announced today that it will release its financial results for the quarter ended March 31, 2019 on Thursday, May 2, 2019 after market close. The Company will hold a conference call and webcast to discuss the results on Friday, May 3, 2019 at 7:00am Mountain Time (9:00am Eastern).
Mar 26, 2019 08:50 pm ET
Automotive Properties REIT Announces Agreements to Acquire Two Dealership Properties in Winnipeg from AutoCanada
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
Mar 26, 2019 07:12 pm ET
AutoCanada Announces Sale-Leaseback Transaction for Two Properties with Automotive properties REIT
EDMONTON, March 26, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that it has entered into agreements to sell two parcels of real estate to Automotive Properties Real Estate Investment Trust (the "REIT") for a total purchase price of $23.95 million.
Mar 14, 2019 09:06 pm ET
AutoCanada reports 2018 annual and fourth quarter results
EDMONTON, March 14, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, today reported its financial results for the three and twelve-months ended December 31, 2018. All figures are in Canadian dollars, unless otherwise stated.
Feb 22, 2019 05:26 pm ET
AutoCanada announces release date, conference call and webcast for FY2018 financial results
EDMONTON, Feb. 22, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) a multi-location North American automobile dealership group, announced today that it will release its financial results for the year ended December 31, 2018 on Thursday, March 14, 2019 after market close. The Company will hold a conference call and webcast to discuss the results on Friday, March 15, 2019 at 9:00am Mountain Time (11:00am Eastern).
Feb 22, 2019 05:18 pm ET
AutoCanada declares quarterly dividend
EDMONTON, Feb. 22, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) a multi-location North American automobile dealership group, announced today the Board of Directors have declared a quarterly eligible dividend of $0.10 per common share on AutoCanada's outstanding Class A common shares, payable on March 15, 2019 to shareholders of record at the close of business on March 1, 2019.
Feb 06, 2019 11:37 am ET
AutoCanada commences litigation against Patrick Priestner and Canada One Auto Group
EDMONTON, Feb. 6, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) announced that it has commenced legal proceedings against Patrick Priestner and his holding companies, including Canada One Auto Group Ltd.  Mr. Priestner was previously the Chief Executive Officer and Chairman of AutoCanada.
Feb 06, 2019 11:37 am ET
AutoCanada commences litigation against Patrick Priestner and Canada One Auto Group
EDMONTON, Feb. 6, 2019 /PRNewswire/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) announced that it has commenced legal proceedings against Patrick Priestner and his holding companies, including Canada One Auto Group Ltd.  Mr. Priestner was previously the Chief Executive Officer and Chairman of AutoCanada....
Jan 24, 2019 03:30 pm ET
AutoCanada and DealerMine CRM Announce Strategic Partnership
EDMONTON, Jan. 24, 2019 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) and DealerMine Inc. ("DealerMine CRM"), a subsidiary of Quorum Information Services Inc. (TSX-V: QIS), announced that they have entered into a strategic partnership with respect to the establishment of a dedicated business development centre for AutoCanada's Canadian dealerships by DealerMine CRM.
Dec 21, 2018 04:15 pm ET
AutoCanada Announces Award of Chevrolet Buick GMC Open Point Dealership
EDMONTON, Dec. 21, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) announced that it has been awarded the right to a General Motors open point dealership featuring the Chevrolet, Buick and GMC brands in Maple Ridge, British Columbia, a community located in the northeastern sector of Greater Vancouver.  The Company will construct an approximately 33,400 square foot facility designed to General Motors image standards, with construction expected to be completed in the first quarter of 2020.
Dec 21, 2018 04:00 pm ET
AutoCanada Announces Sale-Leaseback of Four Properties with Capital Automotive
EDMONTON, Dec. 21, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) announced that it has completed a sale-leaseback transaction for four of its dealership properties with Capital Automotive Real Estate Services Inc.  AutoCanada will lease the properties from Capital Automotive under long-term triple net leases.
Dec 05, 2018 05:00 pm ET
AutoCanada Completes Acquisition of Rose City Ford in Windsor
EDMONTON, Dec. 5, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) announced that it has completed the previously announced acquisition of Rose City Ford.  Rose City Ford is one of two Ford dealerships in Windsor, Ontario, with a 65,000 square foot facility, an 11-vehicle showroom, 28 service bays and a collision centre.  AutoCanada also completed the sale of North Edmonton Kia during November 2018 as part of its strategy of optimizing its portfolio of dealerships.
Nov 27, 2018 08:00 am ET
AutoCanada Chooses Kijiji as its Preferred Online Marketplace Partner in Canada
TORONTO, Nov. 27, 2018 /CNW/ - Kijiji, the number one classifieds website in Canada, and AutoCanada Inc. (TSX:ACQ), a leading North American automobile dealership group, today announced that Kijiji will be AutoCanada's preferred online marketplace partner in Canada.
Nov 19, 2018 03:30 pm ET
AutoCanada Agrees to Acquire Rose City Ford in Windsor
EDMONTON, Nov. 19, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) announced that it has agreed to acquire Rose City Ford Sales Limited ("Rose City Ford").  Rose City Ford is one of two Ford dealerships in Windsor, Ontario, with a 65,000 square foot facility, an 11-vehicle showroom, 28 service bays and a collision centre.
Nov 08, 2018 07:09 pm ET
AutoCanada Reports 2018 Third Quarter Results
EDMONTON, Nov. 8, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, today reported its financial results for the three and nine-month periods ended September 30, 2018.
Oct 05, 2018 04:30 pm ET
AutoCanada Announces Release Date, Conference Call and Webcast for Q3, 2018 Financial Results
EDMONTON, Oct. 5, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) a multi-location North American automobile dealership group, announced today that it will release its financial results for the quarter ended September 30, 2018 on Thursday, November 8, 2018 after market close. The Company will hold a conference call and webcast to discuss the results on Friday, November 9, 2018 at 9:00am Mountain Time (11:00am Eastern).
Sep 27, 2018 09:31 pm ET
AutoCanada Announces Amendment of Credit Facility
EDMONTON, Sept. 27, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that its lenders under the Company's syndicated credit facility dated March 20, 2018 have agreed to increase the Company's maximum permitted Total Funded Debt to EBITDA Ratio from 4.00:1.00 to 4.50:1.00 for the period from September 1, 2018 to June 30, 2019.  After June 30, 2019, the Company's maximum permitted Total Funded Debt to EBITDA Ratio will be 4.00:1.00.
Sep 25, 2018 04:29 pm ET
AutoCanada Announces Sale-Leaseback Transaction for Two Properties with Automotive Properties REIT
EDMONTON, Sept. 25, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that it has entered into an agreement to sell two of its dealership properties to Automotive Properties Real Estate Investment Trust for a total purchase price of $55.5 million, with the properties being leased back to the AutoCanada dealerships.
Sep 04, 2018 09:00 am ET
AutoCanada Announces Acquisition of Mercedes-Benz Heritage Valley in Edmonton
EDMONTON, Sept. 4, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that it will be acquiring Mercedes-Benz Heritage Valley. Mercedes-Benz Heritage Valley is one of only two Mercedes-Benz dealerships in Edmonton, with a 78,733 square foot facility, a 22 car showroom, 23 service bays and 9 detail bays.
Aug 22, 2018 09:00 am ET
AutoCanada Announces Executive Appointments
EDMONTON, Aug. 22, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that Raj Juneja has been appointed as Chief Financial Officer, Michael Cunningham has been appointed as Vice-President, Finance and Chief Financial Officer, United States, and Peter Hong has been appointed as Chief Strategy Officer and General Counsel.
Aug 22, 2018 09:00 am ET
AutoCanada Announces Executive Appointments
EDMONTON, Aug. 22, 2018 /PRNewswire/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that Raj Juneja has been appointed as Chief Financial Officer, Michael Cunningham has been appointed as Vice-President, Finance and Chief Financial Officer, United States, and Peter Hong has been appointed as Chief Strategy Officer and General Counsel....
Aug 09, 2018 06:05 pm ET
AutoCanada Reports 2018 Second Quarter Results
EDMONTON, Aug. 9, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, today reported its financial results for the three and six months ended June 30, 2018.
Aug 09, 2018 06:00 pm ET
AutoCanada Announces Management and Board Changes
EDMONTON, Aug. 9, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, today announced several changes to the composition of its executive management team and its Board of Directors. As previously announced, the Special Committee of the Board of Directors of the Company, appointed in June 2018, has been conducting a strategic review to explore a range of alternatives to enhance shareholder value, including changes to the composition of the executive management team and the Board.
Aug 09, 2018 06:00 pm ET
AutoCanada Announces Management and Board Changes
EDMONTON, Aug. 9, 2018 /PRNewswire/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, today announced several changes to the composition of its executive management team and its Board of Directors. As previously announced, the Special Committee of the Board of Directors of the Company, appointed in June 2018, has been conducting a strategic review to explore a range of alternatives to enhance shareholder value, including changes to the composition of the executive management team and the Board. ...
Jul 10, 2018 06:00 pm ET
AutoCanada Announces Release Date, Conference Call and Webcast for Q2, 2018 Financial Results
EDMONTON, July 10, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) will release its financial results for the quarter ended June 30, 2018 on Thursday, August 9, 2018 after market close. The Company will hold a conference call and webcast to discuss the results on Friday, August 10, 2018 at 9:00am Mountain Time (11:00am Eastern).
Jul 03, 2018 08:39 am ET
AutoCanada Appoints Michael Rawluk as President
EDMONTON, July 3, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) today announced the appointment of Michael Rawluk as President. Mr. Rawluk will assume full responsibility over dealership operations, as well as associated functions including business intelligence, marketing and human resources. He was recently the Chief Operating Officer of the Birchwood Automotive Group's 22 dealerships in Winnipeg, where he began his automotive career more than 15 years ago.
Jul 03, 2018 08:39 am ET
AutoCanada Appoints Michael Rawluk as President
EDMONTON, July 3, 2018 /PRNewswire/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) today announced the appointment of Michael Rawluk as President. Mr. Rawluk will assume full responsibility over dealership operations, as well as associated functions including business intelligence, marketing and human resources. He was recently the Chief Operating Officer of the Birchwood Automotive Group's 22 dealerships in Winnipeg, where he began his automotive career more than 15 years ago....
Jun 26, 2018 06:00 pm ET
AutoCanada Announces Director Resignation
EDMONTON, June 26, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) today announced the resignation of Arlene Dickinson from its Board of Directors, effective June 30, 2018.
Jun 20, 2018 12:30 am ET
AutoCanada Announces Director Retirements
EDMONTON, June 20, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) today announced the retirement of Gordon Barefoot from the Board of Directors, effective August 9, 2018 (concurrent with the next regularly scheduled Board meeting). The Company also announced the retirement of Michael Ross from the Board of Directors, effective immediately.
Jun 17, 2018 11:00 pm ET
AutoCanada Announces Appointment of Special Committee
EDMONTON, June 17, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) today announced that its Board of Directors appointed a Special Committee of independent directors to review strategic alternatives that may be available to the Company to maximize shareholder value.
Jun 11, 2018 10:00 pm ET
AutoCanada Acknowledges Receipt of Letter from Clearwater
EDMONTON, June 11, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) today acknowledged receipt of a letter from Clearwater Capital Management. The Company's Board of Directors welcomes constructive dialogue with its shareholders. AutoCanada continues to execute a strategic plan that was reset following the first fiscal quarter of 2018. The focus of the plan is to strengthen the Company and enhance long-term shareholder value. The AutoCanada Board of Directors along with its advisors will consider the position of Clearwater and respond in due course.
Jun 11, 2018 10:00 pm ET
AutoCanada Acknowledges Receipt of Letter from Clearwater
EDMONTON, June 11, 2018 /PRNewswire/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) today acknowledged receipt of a letter from Clearwater Capital Management. The Company's Board of Directors welcomes constructive dialogue with its shareholders. AutoCanada continues to execute a strategic plan that was reset following the first fiscal quarter of 2018. The focus of the plan is to strengthen the Company and enhance long-term shareholder value. The AutoCanada Board of Directors along with its advisors will consider the position of Clearwater and respond in due course....
May 07, 2018 07:00 pm ET
AutoCanada Announces Voting Results
EDMONTON, May 7, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) is pleased to announce that all resolutions were passed at its Annual General Meeting. A total of 15,652,724 common shares (representing 57.00% of the issued and outstanding common shares) were represented in person or by proxy at the meeting. It was declared that the following nominees were duly elected as directors of the Company for the ensuing year or until their successors are duly elected or appointed:
May 03, 2018 05:00 pm ET
AutoCanada Reports 2018 First Quarter Results
EDMONTON, May 3, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ), a leading North American multi-location automobile dealership group, today reported its financial results for the three month period ended March 31, 2018.
Apr 04, 2018 06:00 pm ET
AutoCanada Announces 2018 AGM Webcast details
EDMONTON, April 4, 2018 /CNW/ - AutoCanada (TSX:ACQ) (or the "Company") will hold its Annual General Meeting of Shareholders on Friday, May 4, 2018 at 2:00pm Eastern Time (12:00pm Mountain Time) at the Toronto Stock Exchange (TMX Broadcast Centre), 130 King Street West, Toronto, Ontario, M5X 1J2 (the "Meeting"). The Meeting materials are available online on SEDAR at www.sedar.com and on AutoCanada's website at https://www.autocan.ca/investors.htm.
Apr 03, 2018 06:30 pm ET
AutoCanada Announces Release Date, Conference Call and Webcast for Q1, 2018 Financial Results
EDMONTON, April 3, 2018 /CNW/ - AutoCanada (TSX:ACQ) (or the "Company") will release its financial results for the quarter ended March 31, 2018 on Thursday, May 3, 2018 after market close. The Company will hold a conference call and webcast to discuss the results on Friday, May 4, 2018 at 6:30am Mountain Time (8:30am Eastern).
Mar 28, 2018 05:22 pm ET
AutoCanada Announces Participatory Loans to be Repaid
EDMONTON, March 28, 2018 /CNW/ - AutoCanada (TSX:ACQ) (or the "Company") today announced that the outstanding balance of approximately $18.4 million of the participatory loans extended to PPH Holdings Ltd. ("PPH") will be repaid in full, as of March 31, 2018. These loans will be terminated and any associated royalties and fees that are payable by PPH to the Company under the terms and conditions of the loans will also cease as of the same date.
Mar 22, 2018 07:00 am ET
AutoCanada Acquires Illinois Based Grossinger Auto Group
Company adds eight dealerships in Metro Chicago plus six luxury/premium brands in auto mall in nearby Bloomington/Normal, IL
Mar 22, 2018 07:00 am ET
AutoCanada Acquires Illinois Based Grossinger Auto Group
Company adds eight dealerships in Metro Chicago plus six luxury/premium brands in auto mall in nearby Bloomington/Normal, IL ...
Mar 20, 2018 06:14 pm ET
AutoCanada Announces New Expanded Credit Facility
EDMONTON, March 20, 2018 /CNW/ - AutoCanada Inc. (the "Company") (TSX:ACQ) today announced an important milestone in its growth plan as it entered into a new credit agreement providing secured credit facilities up to $1.08 billion, subject to certain conditions precedent to funding. 
Mar 15, 2018 06:00 pm ET
AutoCanada Reports 2017 Annual and Fourth Quarter Results
EDMONTON, March 15, 2018 /CNW/ - AutoCanada Inc. (TSX: ACQ), a leading Canadian multi-location automobile dealership group, today reported its financial results for the three and twelve-months ended December 31, 2017.
Feb 23, 2018 11:46 am ET
AutoCanada Inc. Declares Quarterly Dividend
EDMONTON, Feb. 23, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) announced today that the Board of Directors has declared a quarterly eligible dividend of $0.10 per common share on AutoCanada's outstanding Class A common shares, payable on March 15, 2018 to shareholders of record at the close of business on March 1, 2018.
Feb 20, 2018 05:50 pm ET
AutoCanada Inc. Announces Release Date, Conference Call and Webcast for FY2017 Financial Results
EDMONTON, Feb. 20, 2018 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) will release its financial results for the year ended December 31, 2017 on Thursday, March 15, 2018 after market close.  The Company will hold a conference call and webcast to discuss the results on Friday, March 16, 2018 at 9:00am Mountain Time (11:00am Eastern).
Dec 07, 2017 04:15 pm ET
AutoCanada Reaches Agreements with GM Canada and Priestner
Company Allowed Direct Ownership and Control of GM Canada Dealerships, Assumes Control of Five Stores
Nov 09, 2017 07:00 pm ET
AutoCanada Reports Third Quarter 2017 Results
EDMONTON, Nov. 9, 2017 /CNW/ - AutoCanada Inc. (TSX: ACQ), one of Canada's largest multi-location automobile dealership groups, today provided a corporate update and reported its financial results for the three-month and nine-month periods ended September 30, 2017.
Oct 13, 2017 09:00 pm ET
AutoCanada Inc. Announces Release Date, Conference Call and Webcast for Q3, 2017 Financial Results
EDMONTON, Oct. 13, 2017 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) will release its financial results for the quarter ended September 30, 2017 on Thursday, November 9, 2017 after market close.  The Company will hold a conference call and webcast to discuss the results on Friday, November 10, 2017 at 9:00am Mountain Time (11:00am Eastern).
Oct 13, 2017 08:43 pm ET
AutoCanada Acquires its First Mazda Dealership; Continues to Expand Montréal Presence
EDMONTON, Oct. 13, 2017 /CNW/ - AutoCanada Inc. (TSX: ACQ), one of Canada's largest multi-location automobile dealership groups, today announced that it has entered into an agreement to purchase 90% of the issued and outstanding shares of Planète Mazda, which has operated in the greater Montréal region for close to 30 years.
Aug 10, 2017 07:00 pm ET
AutoCanada Inc. reports second quarter 2017 results
EDMONTON, Aug. 10, 2017 /CNW/ - AutoCanada Inc. (TSX: ACQ), one of Canada's largest, and only publicly traded, multi-location automobile dealership groups, today provided a corporate update and reported its financial results for the three-month and six-month periods ended June 30, 2017.
Jul 18, 2017 07:00 pm ET
AutoCanada Inc. Announces Release Date, Conference Call and Webcast for Q2, 2017 Financial Results
EDMONTON, July 18, 2017 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) will release its financial results for the quarter ended June 30, 2017 on Thursday, August 10, 2017 after market close.  The Company will hold a conference call and webcast to discuss the results on Friday, August 11, 2017 at 9:00am Mountain Time (11:00am Eastern).
Jun 06, 2017 08:00 am ET
AutoCanada Inc. Announces Approval of Normal Course Issuer Bid
EDMONTON, June 6, 2017 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) is pleased to announce that it has received approval from the Toronto Stock Exchange ("TSX") to commence a normal course issuer bid to purchase its common shares on the open market in accordance with the rules of the TSX or under applicable law.
May 09, 2017 08:37 pm ET
AutoCanada Inc. Announces Voting Results
EDMONTON, May 9, 2017 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) is pleased to announce that all resolutions were passed at its Annual General Meeting on May 5, 2017 in Edmonton. A total of 16,363,637 common shares (representing 59.59% of the issued and outstanding common shares) were represented in person or by proxy at the meeting. Shareholders voted for the following seven nominees to be duly elected as directors of the Company for the ensuing year or until their successors are duly elected or appointed.
May 04, 2017 09:00 pm ET
AutoCanada Inc. Announces First Quarter 2017 Quarterly Results
EDMONTON, May 4, 2017 /CNW/ - AutoCanada Inc. (the "Company" or "AutoCanada") (TSX: ACQ) one of Canada's largest multi-location automobile dealership groups, today announced financial results for the three-month period ended March 31, 2017.
Apr 11, 2017 06:44 pm ET
AutoCanada Inc. Announces Expansion of Luxury Brand Portfolio with the Acquisition of Mercedes-Benz Rive-Sud
EDMONTON, April 11, 2017 /CNW/ - AutoCanada Inc., ("AutoCanada" or the "Company") (TSX: ACQ) one of Canada's largest multi-location automobile dealership groups, announced today that it has entered into an agreement to purchase all of the issued and outstanding shares of Mercedes-Benz Rive-Sud (the "Dealership") which has operated in the greater Montreal region for close to 50 years. The transaction is subject to customary closing conditions and approvals and is expected to close within 30 days.
Apr 06, 2017 09:00 pm ET
AutoCanada Inc. Announces Q1 2017 Earnings Release Date and Provides First Quarter Conference Call and 2016 AGM Webcast Details
EDMONTON, April 6, 2017 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) announces that it will release its financial results for the quarter ended March 31, 2017 on Thursday, May 4, 2017 after market close. The Company will hold a conference call and webcast to discuss the results on Friday, May 5, 2017 at 8:00am Mountain Time (10:00am Eastern).
Mar 21, 2017 09:00 pm ET
AutoCanada Inc. Announces Executive Appointment
EDMONTON, March 21, 2017 /CNW/ - AutoCanada Inc. (TSX:ACQ) today announced the appointment of Mr. Mark Warsaba to the position of Senior Vice-President & Chief Operations Officer effective April 1, 2017.  Mark Warsaba will report directly to Steven Landry, President & CEO.
Mar 16, 2017 10:22 pm ET
AutoCanada Inc. Announces 2016 Annual and Fourth Quarter Results
EDMONTON, March 16, 2017 /CNW/ - AutoCanada Inc. (the "Company" or "AutoCanada") (TSX: ACQ) one of Canada's largest multi-location automobile dealership groups, today announced financial results for the year ended December 31, 2016 and the three-month period ended December 31, 2016.
Mar 16, 2017 08:03 pm ET
AutoCanada Inc. Announces Executive Resignation
EDMONTON, March 16, 2017 /CNW/ - AutoCanada Inc. ("AutoCanada") (TSX: ACQ) announces that Thomas Orysiuk is resigning from his position as President and as a member of the Board of Directors of the Company.
Mar 16, 2017 07:45 pm ET
AutoCanada Inc. Announces the Extension of Credit Facility
EDMONTON, March 16, 2017 /CNW/ - AutoCanada Inc. ("AutoCanada") (TSX: ACQ) announced today that it has executed an agreement with its syndicated lending partners to amend and restate its $250 million revolving credit facility while extending the maturity date of the agreement by two years to May 2020. 
Feb 21, 2017 08:32 pm ET
AutoCanada Inc. Declares Quarterly Dividend
EDMONTON, Feb. 21, 2017 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) announced today that the Board of Directors has declared a quarterly eligible dividend of $0.10 per common share on AutoCanada's outstanding Class A common shares, payable on March 15, 2017 to shareholders of record at the close of business on February 28, 2017.
Jan 26, 2017 08:00 pm ET
AutoCanada Inc. Announces Release Date, Conference Call and Webcast for Fiscal 2016 Financial Results
EDMONTON, Jan. 26, 2017 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) will release its financial results for the year ended December 31, 2016 on Thursday, March 16, 2017 after market close.  The Company will hold a conference call and webcast to discuss the results on Friday, March 17, 2017 at 9:00am Mountain Time (11:00am Eastern).
Oct 07, 2016 06:00 pm ET
AUTOCANADA INC. Announces Release Date, Conference Call and Webcast for Q3, 2016 Financial Results
EDMONTON, Oct. 7, 2016 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) will release its financial results for the quarter ended September 30, 2016 on Thursday, November 3, 2016 after market close. The Company will hold a conference call and webcast to discuss the results on Friday, November 4, 2016 at 9:00am Mountain Time (11:00am Eastern).
Oct 04, 2016 07:00 am ET
AutoCanada Inc. Announces the Acquisition of Wellington Motors Limited
EDMONTON, Oct. 4, 2016 /CNW/ - AutoCanada Inc. ("AutoCanada") (TSX: ACQ) announced today that it has entered into an agreement to purchase all of the issued and outstanding shares of Wellington Motors Limited, which operates a Chrysler Dodge Jeep Ram Fiat dealership in Guelph, Ontario (the "Dealership"). The transaction is subject to customary closing conditions and approvals and is expected to close within 21 days.
Aug 04, 2016 09:00 pm ET
AutoCanada Inc. Announces Q2, 2016 Quarterly Earnings Per Share of $0.53
EDMONTON, Aug. 4, 2016 /CNW/ - AutoCanada Inc. (the "Company" or "AutoCanada") (TSX: ACQ) today announced financial results for the quarter ended June 30, 2016.
Jul 07, 2016 08:32 pm ET
AutoCanada Inc. Announces Release Date, Conference Call and Webcast for Q2, 2016 Financial Results
EDMONTON, July 7, 2016 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) will release its financial results for the quarter ended June 30, 2016 on Thursday, August 4, 2016 after market close.  The Company will hold a conference call and webcast to discuss the results on Friday, August 5, 2016 at 9:00am Mountain Time (11:00am Eastern).
May 10, 2016 03:54 pm ET
AutoCanada Inc. Announces Voting Results
EDMONTON, May 10, 2016 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) is pleased to announce that all resolutions were passed at its Annual and Special Meeting. A total of 11,407,832 common shares (representing 41.54% of the issued and outstanding common shares) were represented in person or by proxy at the meeting. On a vote conducted by ballot regarding the election of directors, it was declared that the following nominees were duly elected as directors of the Company for the ensuring year or until their successors are duly elected or appointed.
May 05, 2016 09:00 pm ET
AutoCanada Inc. Announces Q1, 2016 Quarterly Results
EDMONTON, May 5, 2016 /CNW/ - AutoCanada Inc. (the "Company" or "AutoCanada") (TSX: ACQ) today announced financial results for the quarter ended March 31, 2016.
Apr 25, 2016 07:00 am ET
AutoCanada Announces Financing Agreement
EDMONTON, April 25, 2016 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) announced today that it has entered into a financing arrangement with PPH Holdings Inc. ("PPH"), a corporation wholly owned and controlled by Mr. Patrick Priestner.
Apr 19, 2016 09:00 pm ET
AutoCanada Inc. Announces First Quarter Earnings Release Date and Provides First Quarter Conference Call and AGM Webcast Details
EDMONTON, April 19, 2016 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) announces that it will release its financial results for the quarter ended March 31, 2016 on Thursday, May 5, 2016 after market close. The Company will hold a conference call and webcast to discuss the results on Friday, May 6, 2016 at 8:00am Mountain Time (10:00am Eastern).
Mar 17, 2016 09:00 pm ET
AutoCanada Inc. Announces 2015 Annual Adjusted Net Earnings Per Share of $1.64
EDMONTON, March 18, 2016 /CNW/ - AutoCanada Inc. (the "Company" or "AutoCanada") (TSX: ACQ) today announced financial results for the year ended December 31, 2015 and the three month period ended December 31, 2015.
Mar 17, 2016 09:00 pm ET
AutoCanada Inc. Announces Executive Appointment and Management Succession Plan
EDMONTON, March 17, 2016 /CNW/ - AutoCanada Inc. (the "Company" or "AutoCanada") (TSX: ACQ) announces today senior management changes as part of its senior management succession plan.
Feb 23, 2016 08:00 pm ET
AutoCanada Inc. Announces the Sale of Newmarket Infiniti Nissan
EDMONTON, Feb. 23, 2016 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ) announced today that it has reached an agreement to sell the operating assets of Newmarket Infiniti Nissan in Newmarket, Ontario (collectively, the "Dealership") along with the real estate on which the Dealership is located. The sale is expected to close this week and net proceeds will be used reduce indebtedness under the Company's revolving credit facility by approximately $11,500,000.  Additionally, the Company will proceed to sell excess lands previously acquired to facilitate construction of a sep
Feb 19, 2016 07:00 pm ET
AutoCanada Inc. - Declares Quarterly Dividend
EDMONTON, Feb. 19, 2016 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) announced today that the Board of Directors has declared a quarterly eligible dividend of $0.25 per common share on AutoCanada's outstanding Class A common shares, payable on March 15, 2016 to shareholders of record at the close of business on February 29, 2016. The quarterly eligible dividend of $0.25 represents an annual dividend rate of $1.00 per common share.
Feb 16, 2016 08:00 pm ET
AutoCanada Inc. Announces Release Date, Conference Call and Webcast for Fiscal 2015 Financial Results
EDMONTON, Feb. 16, 2015 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) will release its financial results for the year ended December 31, 2015 on Thursday, March 17, 2016 after market close.  The Company will hold a conference call and webcast to discuss the results on Friday, March 18, 2016 at 9:00am Mountain Time (11:00am Eastern).
Jan 22, 2016 05:15 pm ET
S&P Dow Jones Indices Announces the Annual Review of S&P/TSX Canadian Dividend Aristocrats Index
TORONTO, Jan. 22, 2016 /CNW/ - S&P Dow Jones Indices Canadian Index Operations announces the following index changes as a result of the annual S&P/TSX Canadian Dividend Aristocrats Index Review.  These changes will be effective at the open on Monday, February 1, 2016.