AutoCanada Inc. Announces the Purchase of Volkswagen Dealership

EDMONTON, Jan. 7, 2013 /CNW/ - AutoCanada Inc. ("AutoCanada") (TSX:ACQ) 
announced today that it has completed the purchase of the assets of a 
Volkswagen dealership known as People's Automotive Ltd, located in Grande 
Prairie, Alberta, to be continued under the name of Grande Prairie Volkswagen. 
The dealership facility is an approximately 12,000 sq. ft. facility which 
includes eight service bays and a six car showroom. The dealership has been in 
operation for over 30 years and in 2011 retailed approximately 110 new and 50 
used vehicles. 
"We are very pleased to acquire a Volkswagen dealership and expand our 
presence in Grande Prairie, Alberta, one of our strongest dealership 
platforms. The acquisition complements our 'tuck-in' strategy of adding 
quality franchises in markets with existing platforms. The management team 
at AutoCanada and the Grande Prairie Auto Group would like to extend a warm 
welcome to the employees of People's Automotive and its valued customers," 
stated Pat Priestner, CEO of AutoCanada. 
Mr. Priestner further commented, "The Volkswagen brand has been gaining 
significant momentum in Canada over the past few years. We are very proud to 
strengthen our partnership with Volkswagen Canada and share in the continued 
growth and success of the brand." 
About AutoCanada 
AutoCanada is one of Canada's largest multi-location automobile dealership 
groups, currently operating 27 franchised dealerships in six provinces and has 
over 1,100 employees. AutoCanada currently sells Chrysler, Dodge, Jeep, Ram, 
FIAT, Chevrolet, GMC, Buick, Infiniti, Nissan, Hyundai, Subaru, Mitsubishi, 
and Volkswagen branded vehicles. In 2011, our dealerships sold approximately 
28,000 vehicles and processed approximately 300,000service and collision 
repair orders in our 333 service bays during that time. 
Additional information about AutoCanada Inc. is available at and 
the Company's website at 
About Grande Prairie Auto Group 
The Grande Prairie Auto Group is a group of dealerships owned and operated by 
AutoCanada serving the Grande Prairie and surrounding region. Since its 
inception in 1998, the Grande Prairie Auto Group has grown to represent nine 
brands at its six locations under the leadership of Wes Kaban, Managing 
Partner, and the dealership management teams in Grande Prairie. The group is 
widely known in the Peace Country area for providing a quality selection of 
vehicles, excellent prices, and exceptional customer service. 
Additional information on the Grande Prairie Auto Group is available at 
Jeff Christie, CA Vice-President, Finance Phone: (780) 732-7164 
SOURCE: AutoCanada Inc. 
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CO: AutoCanada Inc.
ST: Alberta
-0- Jan/07/2013 19:07 GMT
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