AutoCanada Appoints Michael Rawluk as President

EDMONTON, July 3, 2018 /PRNewswire/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) today announced the appointment of Michael Rawluk as President. Mr. Rawluk will assume full responsibility over dealership operations, as well as associated functions including business intelligence, marketing and human resources. He was recently the Chief Operating Officer of the Birchwood Automotive Group's 22 dealerships in Winnipeg, where he began his automotive career more than 15 years ago.

"We are delighted to welcome Michael to AutoCanada," said Paul Antony, Chairman of the Board of Directors. "AutoCanada has rapidly grown since its founding and we will continue to selectively acquire stores that fit our criteria for excellent performance and enable us to further diversify our brand portfolio and geographic reach. However, the Company has yet to attain its goals for superior operational performance and Michael will help us build out the operational muscle within AutoCanada. We look forward to seeing Michael's proven track record in managing a large and diversified group of dealerships translate into operational excellence for AutoCanada."

"We are very excited to have Michael join AutoCanada," said Steven Landry, Chief Executive Officer. "Michael's unique operational experience and skill-set will be invaluable as we work towards fully integrating our stores to unlock the value within each store as well as that associated with our scale."

The Company also announced the resignation of Mark Warsaba as Senior Vice President and Chief Operations Officer. The Company thanks Mr. Warsaba for his dedicated years of service.

About AutoCanada

AutoCanada, a leading North American multi-location automobile dealership group currently operating 68 franchised dealerships, comprised of 27 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, Infiniti, Nissan, Hyundai, Subaru, Mitsubishi, Audi, Volkswagen, Kia, Mazda, Mercedes-Benz, Smart, BMW, MINI, Volvo, Toyota, Lincoln and Honda branded vehicles. In 2017, our dealerships sold approximately 63,000 vehicles and processed approximately 870,000 service and collision repair orders in our 999 service bays generating revenue in excess of C$3 billion.

Additional Information

Additional information about AutoCanada Inc. is available at www.sedar.com and the Company's website at www.autocan.ca.

SOURCE AutoCanada Inc.

Related Links

www.autocan.ca

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED