07:10 AM EDT, 03/27/2026 (MT Newswires) -- AutoCanada ( AOCIF ) after markets closed on Thursday said that it completed the sale of Kia of Lincolnwood, in Lincolnwood, Illinois.

The company said that this dealership is part of the U.S. dealerships reclassified as discontinued operations at year-end 2024.

AutoCanada ( AOCIF ) said it received approximately C$13.4 million in cash on the sale, comprised of $7.1 million for goodwill and fixed assets, excluding inventory and net working capital, and $6.3 million for real estate.

It added that net proceeds will be directed toward reducing the outstanding balance of the company's revolving credit facility.