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Lithia Motors, Inc. is an American nationwide automotive dealership group headquartered in Medford, Oregon. [7] It is the third largest new vehicle automotive dealership group in the United States , below AutoNation and Penske Automotive Group . [ 8 ]
Lithia Motors; Long Automotive Group; M. Mel Farr Auto Group; N. National Independent Automobile Dealers Association; Nickey Chevrolet; P. Penske Automotive Group;
In the United States, most aspects of operating a car dealership are regulated at the state level. Car titles are issued and transferred by the individual states through their respective Departments of Motor Vehicles. The purchase price of a vehicle usually includes various fees which the dealer forwards to the state DMV to transfer the vehicle ...
Lithia Motors owns 290 dealerships in the United States as well as 40 in the United Kingdom and 14 in Canada. LIithia will report its fourth quarter results on Feb. 14.
Apr. 13—Lithia Motors Inc. on Tuesday said it has acquired the Troy-based Suburban Collection dealerships, connecting its 56 franchises to one of the largest auto retail networks in the country.
Lithia Motor's (LAD) domestic footprint in Texas is set to be augmented by the acquisition of six Texas-based John Eagle dealerships.
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Margins matter. The more Lithia Motors (NYS: LAD) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.