Lithia & Driveway Expands in North Central Region with the Purchase of Carousel Motor Group
"We are excited to expand into
The group comprises nine stores, both premier luxury and domestic brands, and is in the greater
These additions bring Lithia & Driveway's total year-to-date expected annualized revenue acquired to over
About Lithia & Driveway (LAD)
Lithia & Driveway (NYSE: LAD) is one of the largest global automotive retailers providing a wide array of products and services throughout the vehicle ownership lifecycle. Simple, convenient, and transparent experiences are offered through our comprehensive network of physical locations, ecommerce platforms, captive finance solutions and other synergistic adjacencies. We deliver consistent, low-risk, and profitable growth in a massive and unsolicited industry. Our highly diversified and competitively differentiated design provides us the flexibility and scale to pursue our vision to modernize personal transportation solutions wherever, whenever, and however consumers desire.
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