Cox Automotive wields ax as it reviews Canadian operations
Cox Automotive is laying off 80 staff in Canada and closing its Manheim Edmonton auction operation as it re-evaluates its Canadian footprint following the sale of much of its software business in the country late last year.
Matt Trapp, Cox’s regional vice-president for the eastern United States and Canada, said the company has spent the past few months assessing its long-term strategy for Canada, and changes in the local wholesale market mean Manheim Edmonton no longer fits Cox’s growth plan .
“It’s never easy when we make these decisions. … Unfortunately, Edmonton is not going to be a part of…
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