Company Announcements

MEDFORD, Ore. , Sept. 9, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced that In addition to achieving position #124 on the Fortune 500 list of US Companies, holding the No. 1 spot in the Automotive Retail category for the second year in a row, it has also achieved position #434 on the Fortune Global 500 list, of the world's largest companies by Revenue. This marks the company's first appearance on the prestigious list.

Lithia & Driveway has demonstrated consistent growth, steadily advancing its standing as a leader in the automotive retail industry, while expanding its network of dealerships across North America and the UK and continuing to innovate in digital retail and customer experiences.

"Our debut on the Fortune Global 500 list is a meaningful milestone for Lithia & Driveway and reflects the dedication of our nearly 30,000 team members worldwide," said Bryan DeBoer, President and CEO. "Our growth has been fueled by our unique ecosystem and expanding footprint, innovation in digital retail and delivery of exceptional experiences to meet customers wherever they are. As we continue to grow, we remain focused on innovation, a people-first culture and generating lasting value for all who rely on us."

Southeast Regional Expansion
Lithia & Driveway today announced the acquisition of Palm Beach Acura, West Palm Beach Hyundai, and West Palm Beach Genesis. These strategic acquisitions increase density and brand mix of luxury and import in the highly profitable Southeast region and have the potential to become among the highest volume stores in the country.

"These high-opportunity stores expand our presence in the growing Southeast region, increasing the density of our omnichannel platform and improving the diversity of our brands. We're welcoming high-performing teams that will deepen customer relationships and accelerate growth across our ecosystem," said Bryan DeBoer, President and CEO, Lithia & Driveway. "These acquisitions reflect our continued focus on strategic growth powered by our disciplined approach to deploying capital and maximizing shareholder return."

This addition brings LAD's total year-to-date expected annualized revenue acquired to $620 million. This acquisition was financed using existing on-balance sheet capacity.

About Lithia & Driveway (LAD)
Lithia & Driveway (NYSE: LAD) is the largest global automotive retailer 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, e-commerce platforms, captive finance solutions, fleet management offerings, and other synergistic adjacencies. We deliver consistent, profitable growth in a massive and unconsolidated 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.

Sites
www.lithia.com
www.investors.lithiadriveway.com
www.lithiacareers.com
www.driveway.com
www.greencars.com
www.drivewayfinancecorp.com

Lithia & Driveway on Facebook
https://www.facebook.com/LithiaMotors
https://www.facebook.com/DrivewayHQ

Lithia & Driveway on X
https://x.com/lithiamotors
https://x.com/DrivewayHQ
https://x.com/GreenCarsHQ

Lithia & Driveway on LinkedIn
https://www.linkedin.com/company/lithia-motors/

Lithia & Driveway on YouTube
https://www.youtube.com/@Lithia_Motors/featured

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SOURCE Lithia Motors, Inc.