AutoCanada strategy tied to selling more used vehicles faster, with less inventory

With revenues climbing from a year ago, AutoCanada chairman Paul Antony and his team dove deep on how various operational initiatives have pushed the publicly traded dealer group.

These initiatives, including selling more pre-owned cars while keeping less inventory in stock, were supported by “robust market conditions,” said Antony during a call to announce and analyze AutoCanada’s second-quarter operating results.

"New light inventories have begun to replenish, and this coupled with high demand following the pandemic supply constraints has resulted in