Investment Update | Review + Outlook
​We believe the company is uniquely positioned to take advantage of consolidation opportunities in the Canadian auto dealer market. AutoCanada’s 5-point strategy is expected to help the company address the difficult operating environment. However, we expect the market will remain cautious on the stock given the company’s heavy exposure to the Alberta auto market, which is expected to see negative growth continue in 2016.
AutoCanada is an automobile dealership group. As of Mar 17 2016, Co. operated 53 dealerships, including 60 franchises, in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick and Nova Scotia. Co. is authorized to sell through its dealerships the following vehicle brands: Chrysler, Dodge, Jeep, Ram, Fiat, Chevrolet, GMC, Buick, Cadillac, Hyundai, Kia, Nissan, Infiniti, Volkswagen, Audi, BMW, MINI, Mitsubishi and Subaru. Co. also providesr a range of parts, service and collision repair services and facilitates the sale of third party finance and insurance products, extended warranties and replacement and aftermarket automotive products.
Independent equity research focused on the North American market that leverages ARC’s unparalleled expertise in applying proprietary forensic accounting knowledge to investment analysis.
The ARC process is focused on avoiding financial reporting and accounting risks while identifying companies with superior adjusted cash flow metrics.
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