Richmond, B.C., May 14, 2024 — For the 12th year, OpenRoad Group(OpenRoad), B.C.’s largest automotive dealership group, has been honoured with the prestigious Canada’s Best Managed Companies award, underscoring its industry-leading performance, sustained growth, and dedication to excellence. OpenRoad also retained its Platinum Club status, an exclusive designation for businesses who have retained Best Managed status for at least seven years in a row.
For more than 30 years, Canada’s Best Managed Companies program has awarded excellence in private Canadian-owned companies with revenues of $50 million or greater. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture and commitment, capabilities, and innovation, governance and financial performance.
“Being named one of Canada’s Best Managed Companies for more than a decade highlights the exceptional talent and dedication of our entire OpenRoad Group team,” said Christian Chia, CEO of OpenRoad Auto Group, who founded the company in 2000. “OpenRoad Group continues to stand shoulder to shoulder with many of our nation’s top businesses, and this accolade inspires us to strive for even greater excellence in our commitment to redefining the automotive experience and beyond.”
OpenRoad owns and operates 36 locations in B.C., Ontario, and Washington, including 31 automotive retailers and five collision repair centres. The OpenRoad family includes more than 1,700 employees and 20 quality automotive brands including Acura, Audi, BMW, Porsche, Jaguar, Land Rover, Lexus, Volkswagen, Hyundai, Mazda, Honda, Subaru, Toyota, Genesis, Mercedes-Benz, MINI, McLaren, Lamborghini, Bentley, and Rolls-Royce.
In 2023, OpenRoad Group highlights include: The opening of Honda Burnaby in a new 64,000 square foot state-of-the-art facility; the official grand opening of OpenRoad Northwest’s Lamborghini showroom; and the launch of several ESG (environmental, social and governance) initiatives. Its non-profit arm, the OpenRoad Foundation, donated more than $225,000 to charity partners focused on three key pillars: Environment, Community, and Education.
“Best Managed is a prestigious award that recognizes the significant and ongoing contributions within Canada’s business landscape,” said Lorrie King, Partner, Deloitte Private, Global Best Managed Leader and Co-Leader, Canada’s Best Managed Companies program. “Companies such as OpenRoad who attain this high standard of excellence demonstrate consistent adaptability, versatility, and strategic acuity. Year after year, they thrive in a competitive, rapidly changing market and should be proud of their growth.”
Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing innovative and world-class businesses. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent evaluation process.
Applicants are evaluated by an independent panel of judges with representation from program sponsors and special guests.
The 2024 cohort of Best Managed companies share common themes such as having a people- centric culture, targeting effective ESG strategies, and accelerating operational digitization.
For more information about Canada’s Best Managed Companies, please visit bestmanagedcompanies.ca.
For more information about OpenRoad Auto Group, please visit openroadautogroup.com.
