News Releases

AutoCanada Announces Conference Call and Webcast Details for Q1 2020 Financial Results and 2020 AGM

EDMONTON, May 25, 2020 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ), a multi-location North American automobile dealership group, announced on April 20, 2020 that it will release its financial results for the quarter ended March 31, 2020 on Wednesday, June 3, 2020 after the close of markets. The Company will hold a conference call and webcast to discuss the results on Thursday, June 4, 2020 at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time).

The conference call will include prepared remarks from AutoCanada's management team. After the prepared remarks, the Company will accept questions from analysts and institutional investors.

Date:

Thursday, June 4, 2020

Time:

9:00 a.m. MT (11:00 a.m. ET)

Call:

1.888.231.8191 (Canada and U.S.)

Participants are asked to call at least 10 minutes prior to the start of the call. For those unable to participate on the live call, a replay will be made available until Thursday, June 18, 2020 by dialing 1.855.859.2056 (Canada and U.S.), passcode 9588557. The public is invited to listen to the live conference call or the replay.

This conference call will be webcast live over the internet and can be accessed by all interested parties at the following URL: https://www.autocan.ca/investors/q12020-presentation

To listen to the live webcast, visit the weblink at least 10 minutes early to register, download and install any necessary audio software. For those unable to listen during the live webcast, an audio replay will be available shortly after the conclusion of the conference call for a period of 90 days.

In addition, the Company announced details for its Annual General Shareholders meeting ("AGM"). Due to the continuing public health impact of the COVID-19 pandemic, AutoCanada's 2020 AGM will be held in a virtual only meeting format on June 25, 2020, at 3:00 p.m. Eastern Time. Online access to the meeting will begin at 2:45 p.m. Eastern Time. You will not be able to attend the AGM in person.

We expect this modification in meeting format to be effective for this year only and to revert back to an in-person annual meeting in future years after public health conditions have improved.

Date:

Thursday, June 25, 2020

Time:

1:00 p.m. MT (3:00 p.m. ET)

Location:

Online at https://investors.autocan.ca/investor-information/presentation-events/

About AutoCanada

AutoCanada is a leading North American multi-location automobile dealership group currently operating 63 franchised dealerships, comprised of 26 brands, in eight provinces in Canada as well as a group in Illinois, U.S. AutoCanada currently sells Chrysler, Dodge, Jeep, Ram, FIAT, Alfa Romeo, Chevrolet, GMC, Buick, Cadillac, Ford, Infiniti, Nissan, Hyundai, Subaru, Audi, Volkswagen, Kia, Mazda, Mercedes-Benz, BMW, MINI, Volvo, Toyota, Lincoln, and Honda branded vehicles. In 2019, our dealerships sold approximately 71,000 vehicles and processed approximately 900,000 service and collision repair orders in our 1,047 service bays generating revenue in excess of $3 billion.

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

SOURCE AutoCanada Inc.

For further information: Mike Borys, Chief Financial Officer, Phone: 780.509.2808, Email: mborys@autocan.ca