Wednesday, August 12, 2020

AutoCanada Q2 earnings bit by pandemic, but recovery underway, exec chairman says

The dealership group reported a net loss of $20.1 million (CDN) in the second quarter as the COVID-19 pandemic sent the retail sales plummeting in April and May, offsetting gains made in Canada in June as stores reopened. The company's U.S. unit reduced its net loss from a year ago.



from Section Page News - Automotive News https://ift.tt/2XQUJzy

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