Strong Collision Performance: AutoCanada reports Q2 results, gross profit up 14.1 percent
Edmonton, Alberta — AutoCanada reported its Q2 financials last Thursday, where it stated its parts, services and collision repair operations had a “robust performance.” Consolidated gross profit increased to $318.7 million, up 14.1 percent. The primary drivers of gross profit were higher new vehicle sales volumes and strong performances from AutoCanada’s used retail vehicle division; […]
Welcome of the Week: AutoCanada welcomes Kavia Auto Body
Saskatoon, Saskatchewan – Kavia Auto Body, a Saskatoon-based collision centre has been acquired by, North American automobile dealership group, AutoCanada Inc. Kavia Autobody has served Saskatoon and surrounding areas for nearly 40 years, maintaining certifications with Tesla, GM, Ford, Kia, Stellantis, Nissan, Infiniti, Genesis, Honda, Acura, Subaru, and Hyundai. The business is located close to […]
Tuesday Ticker: May 10, 2022
Toronto, Ontario — In this weekly Tuesday Ticker, AutoCanada picks up two luxury dealerships in Ontario, teasing the potential to expand its collision services; Uni-Select reports a “strong start” to the year with its Q1 2022 financial results, and a Toronto-based parts maker sees big drops in net profits. Leaning on luxury AutoCanada added two […]
