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About the company
Lithia Motors, Inc. is a global automotive retailer. The Company is engaged in providing an array of products and services throughout the vehicle ownership lifecycle. The Company offers convenient experiences through its comprehensive network of physical locations, e-commerce platforms, captive finance solutions and other synergistic adjacencies. The Company operates through two segments: Vehicle Operations and Financing Operations. Its Vehicle Operations consist of all aspects of its auto merchandising and service operations, including its retail automotive, recreational vehicles, and motorcycle franchises that sell new vehicles, used vehicles, parts, repair and maintenance services, and vehicle finance and insurance products. Its Financing Operations segment provides financing to customers buying and leasing retail vehicles from its Vehicle Operations. The Company operates approximately 473 locations representing 52 brands across the United States, United Kingdom, and Canada.
- Revenue in USD (TTM)34.69bn
- Net income in USD799.40m
- Incorporated1968
- Employees27.45k
- LocationLithia Motors Inc150 N Bartlett StMEDFORD 97501United StatesUSA
- Phone+1 (541) 776-6401
- Fax+1 (541) 774-7617
- Websitehttps://www.lithia.com/
Mergers & acquisitions
Acquired company | LAD:NYQ since announced | Transaction value |
---|---|---|
Duval Motor Co-Stores,Jacksonville,FL(3) | 41.51% | -- |
Sunrise Wolfchase Buick GMC LLC | 50.41% | -- |
Sunrise Buick GMC Collierville LLC | 50.41% | -- |
Carousel Motor Group | 32.47% | -- |