AutoCanada Inc. Corrects Typographical Error in MD&A

EDMONTON, Nov. 8, 2013 /CNW/ - AutoCanada Inc. ("AutoCanada") (TSX:ACQ) will correct its recently issued Management's Discussion and Analysis ("MD&A") dated November 7, 2013.  On page 22 of the MD&A, we noted, "…Management believes that it is well positioned to play the role that it has long sought as a consolidator and looks to add an additional three to six dealerships over the coming 18 months."  AutoCanada notes a typographical error and will replace "three to six dealerships" with "four to seven dealerships."

About AutoCanada

AutoCanada is one of Canada's largest multi-location automobile dealership groups, currently operating 32 franchised dealerships in six provinces and has over 1,500 employees.  AutoCanada currently sells Chrysler, Dodge, Jeep, Ram, FIAT, Chevrolet, GMC, Buick, Infiniti, Nissan, Hyundai, Subaru, Mitsubishi, Audi and Volkswagen branded vehicles.  In 2012, our dealerships sold approximately 30,000 vehicles and processed approximately 309,000 service and collision repair orders in our 333 service bays during that time.

Additional information about AutoCanada Inc. is available at www.sedar.com and the Company's website at www.autocan.ca.

SOURCE: AutoCanada Inc.

Jeff Christie, CA
Vice-President, Finance

Phone:  [phone]

Email: [email protected]