EDMONTON, April 4, 2018 /CNW/ - AutoCanada (TSX:ACQ) (or the "Company") will hold its Annual General Meeting of Shareholders on Friday, May 4, 2018 at 2:00pm Eastern Time (12:00pm Mountain Time) at the Toronto Stock Exchange (TMX Broadcast Centre), 130 King Street West, Toronto, Ontario, M5X 1J2 (the "Meeting"). The Meeting materials are available online on SEDAR at www.sedar.com and on AutoCanada's website at https://www.autocan.ca/investors.htm.

To view a live webcast of the Annual Meeting, please access the following URL:

http://www.autocan.ca/investors/2018agm/

At the Meeting, shareholders will be asked to elect the directors of the Company for the ensuing year and to appoint PricewaterhouseCoopers LLP as the independent auditor of the Company. Following the conclusion of the formal proceedings of AutoCanada's Annual General Meeting of Shareholders, Steven Landry, President & CEO, will address shareholders, provide a summary of 2017 results and discuss the current state of the Company and key initiatives.

The Company is also pleased to announce that Paul W. Antony, currently President & Chief Executive Officer of MAP Investco, formerly Founder & Chair of Carproof Corporation, has been nominated for election as a Director at the Meeting.

About AutoCanada

AutoCanada is Canada's largest multi-location automobile dealership group by volume, currently operating 54 franchised dealerships, comprised of 62 franchises, in eight provinces and has over 3,500 employees. AutoCanada currently sells Chrysler, Dodge, Jeep, Ram, FIAT, Alfa Romeo, Chevrolet, GMC, Buick, Cadillac, Infiniti, Nissan, Hyundai, Subaru, Mitsubishi, Audi, Volkswagen, Kia, Mazda, Mercedes-Benz, Smart, BMW and MINI branded vehicles. In 2017, our dealerships sold approximately 63,000 vehicles and processed approximately 870,000 service and collision repair orders in our 999 service bays generating revenue in excess of C$3 billion.

Additional information

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

SOURCE AutoCanada Inc.