EDMONTON, March 25, 2020 /PRNewswire/ - AutoCanada Inc.
("AutoCanada" or the "Company") (TSX: ACQ) announced that it has
temporarily suspended certain operations at its dealerships in
New Brunswick, Quebec and Illinois in response to the orders of
applicable governments to close non-essential businesses as a
result of COVID-19.
The essential businesses that are permitted to continue
operations differ by province or state:
- In our New Brunswick
dealership and eight dealerships in Illinois, we will continue with service
operations and limited sales operations.
- In Quebec, our four
dealerships continue with limited service operations.
- In Ontario, although the
provincial government has also ordered the closure of non-essential
businesses, our seven dealerships are considered essential
businesses and will continue to fully operate.
AutoCanada will continue to support customers with their vehicle
servicing and purchasing requirements in this rapidly evolving
environment, and customers are encouraged to contact their local
dealership as needed.
Since the outset of the COVID-19 situation, the Company has
carefully followed the most current direction of government and
related health agencies in our operating policies and procedures to
ensure the safety and well-being of our customers and employees.
AutoCanada will actively monitor developments in respect of
COVID-19 and governmental requirements and take actions as
AutoCanada is a leading North American multi-location automobile
dealership group currently operating 63 franchised dealerships,
comprised of 26 brands, in eight provinces in Canada as well as a group in Illinois, USA and has over 4,200 employees.
AutoCanada currently sells Chrysler, Dodge, Jeep, Ram, FIAT, Alfa
Romeo, Chevrolet, GMC, Buick,
Cadillac, Ford, Infiniti, Nissan, Hyundai, Subaru, Audi,
Volkswagen, Kia, Mazda, Mercedes-Benz, BMW, MINI, Volvo, Toyota,
Lincoln, and Honda branded
vehicles. In 2019, our dealerships sold approximately 71,000
vehicles and processed approximately 900,000 service and collision
repair orders in our 1,047 service bays generating revenue in
excess of $3 billion.
Additional information about AutoCanada is available at the
Company's website at www.autocan.ca and at www.sedar.com.
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SOURCE AutoCanada Inc.