Company Announcements

MEDFORD, Ore. , Oct. 14, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced the acquisition of Stivers Decatur Subaru in the Atlanta market. This strategic move increases network density in the Southeast region and strengthens LAD's import mix, bringing in an estimated $100 million in annualized revenue.

"We are pleased to welcome Stivers Decatur Subaru to the Lithia & Driveway family. The Atlanta metro is a dynamic, growth market, and Subaru's loyal customer base aligns with our focus on lifetime ownership experiences," said Bryan DeBoer, Lithia & Driveway President and CEO. "This addition deepens our Southeast footprint and enhances our ability to deliver convenient, in-network sales and service, online and in-store, while advancing our disciplined growth strategy." 

This addition brings LAD's total year-to-date annualized U.S. revenue acquired to $720 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.