ºÃÉ«tv

AutoCanada says its remaining U.S. dealerships are expected to be sold in 2026, expecting total proceeds from the U.S. exit to be toward the upper end of a previously disclosed range of $115 million to $130 million. 

Samuel Cochrane, the AutoCanada CEO, says that while the divestiture process has taken longer than expected, it has generated about $106 million in proceeds from the sale of U.S. dealerships. 

In April, AutoCanada announced it sold its Hyundai of Lincolnwood dealership in Illinois. 

AutoCanada has 64 auto dealerships across eight provinces in Canada and 36 collision centres in addition to the U.S. operations it is selling.    

This report by ºÃÉ«tvwas first published June 22, 2026.

Companies in this story: (TSX: ACQ)