Rose City Ford Sold
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Rose City Ford has been sold.
The 65,000 square foot facility, an 11-vehicle showroom, 28 service bays and a collision centre has been acquired by AutoCanada Inc.
“We are very excited to acquire our first Ford dealership, an acquisition that will advance our strategy of diversifying the brand and geographic mix in our portfolio of dealerships,” said Paul Antony, Executive Chairman of AutoCanada. “We would like to thank Rose City Ford and Ford of Canada for their confidence in AutoCanada and we look forward to building a strong partnership with Ford.”
AutoCanada is a multi-location automobile dealership group currently operating 69 franchised dealerships, comprised of 27 brands, in eight provinces in Canada as well as a group in Illinois, USA and has over 4,200 employees.
“We can’t wait to welcome the Rose City Ford team to AutoCanada and we look forward to continuing to build the Ford brand in Windsor with them,” stated Michael Rawluk, President of AutoCanada.
Ford Motor Company of Canada, Limited and AutoCanada have signed a letter of intent with respect to the future operation of Rose City Ford.
The pending acquisition of Rose City Ford by AutoCanada remains subject to customary closing conditions. The acquisition is expected to close in December 2018.