pThe acquisition pushes the Cambridge, Ont.-based group out of its “comfort zone,” marking its first purchase outside of Ontario as well as its first dedicated to used vehicles. Financial terms were not disclosed. /p
The 401 Group of Companies has purchased Winnipeg used-vehicle dealership Auto Show Sales and Finance.
“It’s an opportunity to expand our subprime business, get us out of the comfort zone of Ontario and really start to grow outside of the province,” he told Automotive News Canada. Auto Show, located on McGillivray Boulevard southwest of downtown, opened its doors in 2016. It’s racked up numerous Customer Satisfaction and Consumer’s Choice awards since. The facility covers about 20,000 square-feet on 26 acres of land.
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