EDMONTON, July 30, 2013 /CNW/ - AutoCanada Inc. ("AutoCanada" or the
"Company") (TSX: ACQ) announced today that it has obtained approval
from Chrysler Canada to purchase the operating assets and real estate
of Eastern Chrysler Plymouth Inc. ("Eastern Chrysler"), which owns and
operates a Chrysler Dodge Jeep Ram dealership located in Winnipeg,
Manitoba. The dealership operates out of a single facility with a
total building size of approximately 42,500 square feet, including a
service department consisting of 18 service bays, a body shop
consisting of 20 service bays and a six car showroom. The dealership
has been in operation for over 66 years and in 2012 retailed 660 new
vehicles and 470 used vehicles. The targeted closing date for the
transaction is September 9, 2013.
"Eastern Chrysler is a very well-run store located in Winnipeg,
Manitoba, proudly owned and operated by the Rewucki family since the
store's inception in 1946, which has a very strong customer focused
business with a proud heritage." stated Pat Priestner, Chief Executive
Officer of AutoCanada. "We would like to thank the Rewucki family for
the opportunity to welcome the employees of Eastern Chrysler to the
AutoCanada family, and to reconfirm our commitment to continue to
operate the Dealership with a strong customer focus and to build on the
very fine reputation that the owners and the dealership staff have
worked diligently to achieve over the years."
AutoCanada is one of Canada's largest multi-location automobile
dealership groups, currently operating 31 franchised dealerships in six
provinces and has over 1,500 employees. AutoCanada currently sells
Chrysler, Dodge, Jeep, Ram, FIAT, Chevrolet, GMC, Buick, Infiniti,
Nissan, Hyundai, Subaru, Mitsubishi, Audi and Volkswagen branded
vehicles. In 2012, our dealerships sold approximately 30,000 vehicles
and processed approximately 309,000 service and collision repair orders
in our 333 service bays during that time.
Additional information about AutoCanada Inc. is available at www.sedar.com and the Company's website at www.autocan.ca.
SOURCE: AutoCanada Inc.
For further information:
Jeff Christie, CA
Phone: (780) 732-7164