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Bisa Nitip Bisa Dititp: AutoCanada considers selling U.S. stores, reports data breach and $33M Q2 loss
Wednesday, August 14, 2024
AutoCanada considers selling U.S. stores, reports data breach and $33M Q2 loss
AutoCanada Inc. is exploring the sale of its U.S. dealerships and other "non-profitable and non-core assets," as the company swung to a loss for the second quarter amid falling sales, a significant used-vehicle inventory writedown and fallout from the CDK Global cyberattack.
AutoCanada Inc. is exploring the sale of its U.S. dealerships and other "non-profitable and non-core assets," as the company swung to a loss for the second quarter amid falling sales, a significant used-vehicle inventory writedown and fallout from the CDK Global cyberattack.
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