Popular car dealership sells off most US locations for $60.3 million
2 Articles
2 Articles
‘An acquisition gone wrong’: AutoCanada Inc. to exit U.S. market for $82.7 million
An Alberta-based automotive dealership company plans to turn over a new leaf by selling its U.S. locations as it focuses on the Canadian market amidst tariffs from U.S. President Donald Trump's administration.
Popular car dealership sells off most US locations for $60.3 million
A WELL-KNOWN car dealership has announced that it will sell a majority of its franchises located in the United States. The dealership is selling its new-vehicle franchises for roughly $60 million. GettyAn auto dealership decided to pull away from the American market after massive loss in sales (stock image)[/caption] AlamyAutoCanada is selling 13 of its 17 US locations for roughly $60 million[/caption] The company has agreed to sell 13 of its 17…
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