Canada Drives has sold the last of its remaining inventory as the company’s used-vehicle segment winds down ahead of schedule.
The Vancouver-based company had about 1,250 used vehicles in stock at the time of its filing under the Companies’ Creditors Arrangement Act , according to an affidavit from company CEO Cody Green. The company’s inventory declined to 810 by March 24, and to 454 by April 2, according to the monitor. By April 4, Canada Drives had only 133 vehicles that remained unspoken for.
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