Category: General

AutoNation continues to expand

August 19, 2015

AutoNation has gotten even bigger. The largest automotive retailer in the U.S. has agreed to acquire 16 more stores, representing $600-million in combined annual revenue. The deal includes 13 stores in Georgia, Alabama and Tennessee from Carl Gregory Enterprises, and …

AutoCanada Q2 dealership revenue up 75%

August 12, 2015

Edmonton-based AutoCanada, the largest multi-location and first publicly traded franchise automobile dealership group in Canada, reported a big increase in its Q2 revenue and gross profit. Revenue from existing and new dealerships increased by 75.6 per cent or $351.8-million to …

Canadians keen on hydrogen fuel-cell vehicles

August 12, 2015

So far, Canadians haven’t warmed up to electric vehicles, but a new study found there’s a strong appetite for hydrogen fuel-cell electric and non gasoline-powered vehicles. Canadian research company Ipsos Reid conducted a poll on behalf of Hyundai Auto Canada, …