AutoCanada Completes Sale of Toyota of Lincoln Park

January 27, 2026

AutoCanada Inc. has completed the sale of its Toyota of Lincoln Park dealership in Chicago, Illinois as part of its previously announced plan to exit its U.S. operations and strengthen its balance sheet. AutoCanada received approximately CAD $11.2 million in cash for goodwill and fixed assets (excluding inventory and net working capital), with proceeds used to reduce its revolving credit facility.

Targets
Toyota of Lincoln Park
Sellers
AutoCanada Inc.
Industry
Transportation
Location
Illinois, United States
Transaction Type
Divestiture

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