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Press release from CNW Group

AutoCanada and Courtesy Chrysler Contribute $100,000 to Calgary Red Cross

Tuesday, July 02, 2013

AutoCanada and Courtesy Chrysler Contribute $100,000 to Calgary Red Cross

13:12 EDT Tuesday, July 02, 2013

EDMONTON, July 2, 2013 /CNW/ - AutoCanada Inc. ("AutoCanada" or "the Company") (TSX: ACQ) and Courtesy Chrysler, an AutoCanada dealership in Calgary, Alberta, announced today that they have contributed $100,000 to Calgary Red Cross in support of disaster relief efforts in the community.

Pat Priestner, CEO of AutoCanada Inc. stated, "Calgary has always been our neighbour and with the addition of Courtesy Chrysler Dodge Jeep Ram to the AutoCanada family, we are now a part of the community; a community that has suffered a devastating event and who are in need of assistance.  We are proud to be part of the Calgary community and have been very moved by the spirit of its citizens, and we are very happy to be in a position where we, together with our Courtesy Chrysler dealership partner, are in a position to honour the can-do character of this wonderful community, and contribute to the rebuilding efforts of this great City and its wonderful, and undaunted people."

About AutoCanada

AutoCanada is one of Canada's largest multi-location automobile dealership groups, currently operating 31 franchised dealerships in six provinces and has over 1,200 employees.  AutoCanada currently sells Chrysler, Dodge, Jeep, Ram, FIAT, Chevrolet, GMC, Buick, Infiniti, Nissan, Hyundai, Subaru, Mitsubishi, Audi, and Volkswagen branded vehicles.  In 2012, our dealerships sold approximately 30,000 vehicles and processed approximately 309,000 service and collision repair orders in our 333 service bays during that time.

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

Forward Looking Statements

Certain statements contained in this press release are forward-looking statements and information (collectively "forward-looking statements"), within the meaning of the applicable Canadian securities legislation.  We hereby provide cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in these forward-looking statements.  Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as "will likely result", "are expected to", "will continue", "is anticipated", "projection", "vision", "goals", "objective", "target", "schedules", "outlook", "anticipate", "expect", "estimate", "could", "should", "expect", "plan", "seek", "may", "intend", "likely", "will", "believe" and similar expressions are not historical facts and are forward-looking and may involve estimates and assumptions and are subject to risks, uncertainties and other factors some of which are beyond our control and difficult to predict.  Accordingly, these factors could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements.  Therefore, any such forward-looking statements are qualified in their entirety by reference to the factors discussed throughout this document.

The Company's Annual Information Form and other documents filed with securities regulatory authorities (accessible through the SEDAR website www.sedar.com describe the risks, material assumptions and other factors that could influence actual results and which are incorporated herein by reference.

Further, any forward-looking statement speaks only as of the date on which such statement is made, and, except as required by applicable law, we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events.  New factors emerge from time to time, and it is not possible for management to predict all of such factors and to assess in advance the impact of each such factor on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement.

SOURCE: AutoCanada Inc.

For further information:

Jeff Christie, CA
Vice-President, Finance

Phone:  (780) 732-7164

Email: jchristie@autocan.ca

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