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CarGurus has Leapfrogged Autotrader to become traffic leader. - Yahoo
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In 2023, the Company generated revenue in excess of $6 billion and our dealerships sold over 100,000 retail vehicles. [1] [2] AutoCanada is a publicly-traded company on the Toronto Stock Exchange, traded as TSX: ACQ and headquartered in Edmonton, Alberta. [3]
Green has stated that Canada Drives’ mission is “to be the easiest place to buy or sell your car in Canada.” [9] Co-CEO Michael Galpin joined the company in 2011. [3] In 2014, Canada Drives moved from Saskatoon to Vancouver to be closer to the growing tech sector there. At the time, Canada Drives had six employees. [10]
Stocking a large inventory of both new and used vehicles, they service the Fraser Valley and Lower Mainland areas of British Columbia. In 2010, 2011 and 2012, the dealership was given first place balloting in the Abbotsford Times Readers Choice Award as Abbotsford's Best New Car/Truck Dealership's. [3]
New cars make up 49% of retail auto sales, with used cars making up the other 51%. [36] Additional revenues come from auto repair at the dealerships, financing, and insurance sales. [37] In 2013 Lithia was named No. 9 on Automotive News' list of the 125 largest U.S. dealership groups, with retail new-vehicle sales of 56,960 units in 2012.
The company's flagship product is AutoTrader, an online marketplace for buying and selling new and used vehicles. The company is owned by private equity firm Thoma Bravo. The company was originally a part of Trader Classified Media, which was founded in 1987 by John MacBain. Trader Corporation’s current CEO and President is Sebastian Baldwin.
A separate Calgary-based Rent-a-Wreck was founded in 1976 in Prince George, BC and was not affiliated with the US based firm. [1] This Canadian operation has been known as PractiCar since 2008. [2] As of October 2024, PractiCar offers car and truck rentals in six provinces and the Yukon Territory. [3]
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related to: used car dealer in calgary- 130 Glendeer Circle Southeast, Calgary, AB · Directions · (403) 243-8344
CarGurus has Leapfrogged Autotrader to become traffic leader. - Yahoo