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AutoCanada Sells Chicago Toyota Dealership as Part of U.S. Exit Strategy

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AutoCanada Sells Chicago Toyota Dealership as Part of U.S. Exit Strategy

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An update from AutoCanada ( (TSE:ACQ) ) is now available.

AutoCanada has completed the sale of Toyota of Lincoln Park in Chicago, one of the U.S. dealerships it has designated as discontinued operations, as part of its strategic exit from its U.S. Operations segment. The store generated approximately $64.7 million in sales and $1.0 million in net income in the 12 months ended September 30, 2025, and the company received about $11.2 million in cash for goodwill and fixed assets, excluding inventory and working capital, with the proceeds used to pay down its revolving credit facility, advancing its plan to deleverage and strengthen its balance sheet.

The most recent analyst rating on (TSE:ACQ) stock is a Hold with a C$26.00 price target. To see the full list of analyst forecasts on AutoCanada stock, see the TSE:ACQ Stock Forecast page.

Spark’s Take on TSE:ACQ Stock

According to Spark, TipRanks’ AI Analyst, TSE:ACQ is a Underperform.

AutoCanada’s overall stock score is primarily impacted by its weak financial performance, characterized by declining revenue, negative profitability, and high leverage. Technical analysis suggests a bearish trend with limited momentum, while valuation metrics highlight the company’s unprofitability. Despite some positive developments in cost management and the Collision business, significant challenges remain.

To see Spark’s full report on TSE:ACQ stock, click here.

More about AutoCanada

AutoCanada Inc. is a leading multi-location Canadian automobile dealership and collision repair group, operating 64 franchised dealerships across eight provinces and three independent used dealerships, representing 23 brands including Acura, Audi, BMW, Ford, Honda, Hyundai, Mercedes-Benz, Porsche and Volkswagen. Its Canadian operations also include 33 collision centres and one calibration centre with extensive OEM certifications, while its 12 franchised U.S. dealerships in Illinois are classified as held for sale and reported as discontinued operations.

Average Trading Volume: 75,139

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$617.6M

Learn more about ACQ stock on TipRanks’ Stock Analysis page.

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