12:12 PM EST - AutoCanada Income Fund : has reported a 20 percent rise in annual sales but declining net income as it accounted for future taxes it will have to pay. The 19-dealer car retailer said Wednesday its 2007 revenue was $834.8 million, up from $693.7 million in 2006, as the number of vehicles sold rose to 23,296 from 19,350. But earnings fell to $3.8 million from $16.7 million as the trust recognized $17.4 million in future income taxes. AutoCanada Income Fund
units T.ACQ.UN are trading up 46 cents at $8.20.
