AutoCanada Income Fund Announces Purchase of Volkswagen Dealership
AutoCanada Income Fund announced today that it has completed the purchase of the assets of Sport Volkswagen, a dealership located in Maple Ridge British Columbia, to be continued under the name Maple Ridge ...
Join the discussion below, or Read more at Canada NewsWire.
#1 Jan 9, 2009
what happened to Sport VW?
#2 Jan 19, 2009
AutoCanada is Canada's only publicly traded entity with interests
exclusively in the operation of franchised automobile dealerships. Through its
54% interest in AutoCanada LP, it presently owns or manages 22 franchised
automobile dealerships in six provinces and has over 1,070 employees. Through
its owned and managed dealerships, it currently sells Chrysler, Dodge,
Jeep(R), Infiniti, Nissan, Hyundai, Subaru, Mitsubishi and Volkswagen branded
vehicles. In 2007, its owned and managed dealerships sold approximately 23,300
vehicles, processed approximately 231,700 service and collision repair orders
in 260 service bays, and generated revenue of approximately $835 million.
Additional information about AutoCanada Income Fund is available at
www.sedar.com and the Fund's website at www.autocan.ca
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