Cost Transformation Achievements
As of September 30, AutoCanada achieved approximately $100 million of the $115 million 2025 annual run rate savings target through headcount optimization, tighter expense and inventory management, and process improvements.
Collision Business Growth
Collision revenue grew 19% year-over-year, driven by higher demand, new OEM certifications, and increased insurance referral activity.
Progress on U.S. Dealership Sales
AutoCanada received approximately $37 million in proceeds from U.S. dealership sales, with another $12 million expected to close before year-end. Total anticipated proceeds are around $130 million, near the top end of the previously stated range.
Leadership Changes and Strategic Focus
The company announced leadership promotions to strengthen its operational foundation, with a focus on expanding gross profit across a leaner, more durable cost base.