Lithia Motors Inc (N:LAD)

Apr 24, 2024 05:00 am ET
Lithia & Driveway (LAD) Reports Record First Quarter Revenue of $8.6 billion, 23% Increase
Announces Dividend of $0.53 per Share for First Quarter
Apr 09, 2024 07:30 am ET
Lithia & Driveway (LAD) Schedules Release of First Quarter 2024 Results
MEDFORD, Ore., April 9, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its first quarter 2024 earnings will be released before the market opens on Wednesday, April 24, 2024. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Feb 27, 2024 06:15 am ET
Lithia & Driveway Expands in North Central Region with the Purchase of Carousel Motor Group
MEDFORD, Ore., Feb. 27, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today they have purchased Carousel Motor Group, growing their footprint in one of the largest markets in the North Central Region, Minneapolis-St. Paul. The group, comprised mainly of premium luxury brands, is projected to generate more than $900 million in annualized revenue.
Feb 14, 2024 04:00 am ET
Lithia & Driveway (LAD) Reports Record Fourth Quarter Revenue of $7.7 billion, 10% Increase
Announces Dividend of $0.50 per Share for Fourth Quarter
Feb 01, 2024 02:05 am ET
Lithia & Driveway Enters into a Strategic Partnership with Pinewood Technologies and Completes Acquisition for Pendragon PLCs Fleet Management and UK Motor Divisions
MEDFORD, Ore., Feb. 1, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announces today that it has completed the transaction with Pendragon PLC ("Pendragon", to be renamed Pinewood Technologies Group PLC "Pinewood Technologies") acquiring the UK motor and fleet management divisions of Pendragon, the UK's third largest automotive dealership group and forming a strategic partnership with Pinewood Technologies.
Jan 23, 2024 06:00 am ET
LITHIA & DRIVEWAY NAMES ADAM CHAMBERLAIN CHIEF CUSTOMER OFFICER
MEDFORD, Ore., Jan. 23, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD), one of the largest global automotive retailers, has promoted Adam Chamberlain to Chief Customer Officer (CCO).
Jan 17, 2024 06:00 am ET
Lithia & Driveway (LAD) Schedules Release of Fourth Quarter 2023 Results
MEDFORD, Ore., Jan. 17, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its fourth quarter 2023 earnings will be released before the market opens on Wednesday, February 14, 2024. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Oct 25, 2023 05:00 am ET
Lithia & Driveway (LAD) Reports Record Third Quarter Revenue of $8.3 Billion, 13% Increase
Announces Dividend of $0.50 per Share for Third Quarter
Oct 03, 2023 07:30 am ET
Lithia & Driveway (LAD) Schedules Release of Third Quarter 2023 Results
MEDFORD, Ore., Oct. 3, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its third quarter 2023 earnings will be released before the market opens on Wednesday, October 25, 2023. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time. 
Oct 02, 2023 11:06 am ET
Lithia & Driveway Improves Terms to 35.4p Per Pendragon Share with Significant Future Upside
Total cash consideration payable increased by 42%Expected dividend to Pendragon shareholders of 24.5 pence, a 49% increaseImplied total initial value to Pendragon shareholders of 35.4 pence per Pendragon sharePreliminary commitments to Lithia from multiple major UK automotive retailers to adopt the Pinewood DMSSignificant further upside from the strategic partnership including North American JVStrategic benefits for Lithia with delivery on longer-term growth objectivesPlanned investment will be financed using existing on-balance sheet capacityMEDFORD, Ore., Oct. 2, 2023 /PRNewswire/ -- Lithi
Sep 18, 2023 02:15 am ET
Lithia & Driveway to Form Strategic Partnership with Pinewood Technologies and Acquire Pendragon PLC's Fleet Management and UK Motor Divisions
MEDFORD, Ore., Sept. 18, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD, "Lithia") announced today that it intends to enter a strategic partnership with Pinewood Technologies and acquire the UK motor and fleet management divisions of Pendragon plc ("Pendragon"), the UK's third largest automotive dealership group. This acquisition will round out Lithia's presence in the UK market and is expected to generate over $4.5 billion USD in annual revenues.
Jul 26, 2023 09:31 am ET
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NEW YORK, July 26, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for LAD, SPCE, BITF, PGY, and TLRY.
Jul 26, 2023 05:00 am ET
Lithia & Driveway (LAD) Reports 12% Revenue Increase and Diluted EPS of $10.78
Announces Dividend to $0.50 per Share for Second Quarter
Jul 05, 2023 04:05 pm ET
Lithia & Driveway (LAD) Schedules Release of Second Quarter 2023 Results
MEDFORD, Ore., July 5, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its second quarter 2023 earnings will be released before the market opens on Wednesday, July 26, 2023. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time. 
Jun 21, 2023 07:00 am ET
LITHIA & DRIVEWAY (LAD) EXPANDS U.S. FOOTPRINT IN ATLANTA MARKET
MEDFORD, Ore., June 21, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced the purchase of Wade Ford in Smyrna, Georgia, expanding its reach in the Southeast Region and adding an estimated $285 million in annualized revenue.
Jun 13, 2023 07:00 am ET
Lithia & Driveway Welcomes Priority Automotive and Expands Revenue in the Mid-Atlantic Region by $1.2 Billion
MEDFORD, Ore., June 13, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced the purchase of 13 locations from the Priority Automotive Group in Virginia, expanding its footprint in the strong performing Mid-Atlantic Region. These exceptional stores are projected to generate more than $1.2 billion in annualized revenue.
Apr 19, 2023 05:00 am ET
Lithia & Driveway (LAD) Increases Revenue 4% and Reports Diluted EPS of $8.30
Increases Dividend to $0.50 per Share for First Quarter
Apr 03, 2023 07:30 am ET
Lithia & Driveway (LAD) Schedules Release of First Quarter 2023 Results
MEDFORD, Ore., April 3, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its first quarter 2023 earnings will be released before the market opens on Wednesday, April 19, 2023. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Mar 16, 2023 05:00 am ET
Lithia & Driveway (LAD) Expands into United Kingdom with Jardine Motors Group
MEDFORD, Ore., March 16, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today the company's expansion into United Kingdom with Jardine Motors Group. The group is one of the most successful automotive retailers in the UK, operating more than 50 premium luxury retail locations and is expected to generate over $2 billion USD in annualized revenues.
Jan 24, 2023 08:20 pm ET
Lithia & Driveway (LAD) Schedules Release of Fourth Quarter 2022 Results
MEDFORD, Ore., Jan. 24, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its fourth quarter 2022 earnings will be released before the market opens on Wednesday, February 15, 2023. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Dec 13, 2022 06:10 am ET
Lithia & Driveway's (LAD) Purchase of One of the Largest Stellantis Stores in Kentucky, Marks Entry into State
MEDFORD, Ore., Dec. 13, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today it has purchased its first location in Kentucky, expanding its retail footprint and presence in one of the strongest retail regions in the country.
Dec 06, 2022 06:10 am ET
Lithia & Driveway (LAD) Acquires First Ferrari Store, Representing the Rocky Mountain Region
MEDFORD, Ore., Dec. 6, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today they have expanded into Colorado, purchasing Ferrari of Denver, the Company's first Ferrari store.
Nov 29, 2022 06:10 am ET
Lithia & Driveway (LAD) Expands in Texas, Adding over $200 Million in Annualized Revenue
MEDFORD, Ore., Nov. 29, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today they have expanded their footprint in Texas with the purchase of Meador Chrysler, Dodge, Jeep, Ram (CDJR), the second largest CDJR store in the Dallas/Fort Worth area.
Nov 22, 2022 06:15 am ET
LITHIA & DRIVEWAY NAMES NEW REGIONAL PRESIDENT
MEDFORD, Ore., Nov. 22, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD), America's largest automotive new car retailer, has added to its executive team, appointing Adam Chamberlain as Regional President of Operations. Chamberlain will be responsible for executing the Company's consumer optionality strategy, supporting LAD's network development, and directly overseeing the operations teams in the East.  
Nov 02, 2022 07:00 am ET
Lithia & Driveway Celebrates Grand Opening of Its Driveway Store in Portland Tonight
Oregon-based automotive group with 75+ years of consumer focus, opens their first one-price store model in PortlandMEDFORD, Ore., Nov. 2, 2022 /PRNewswire/ -- Lithia & Driveway's (NYSE: LAD) convenient and transparent way for consumers to shop, finance, and sell vehicles online announced the grand opening of Driveway's first physical store in Portland, Oregon. The store establishes a physical presence for Driveway's traditional digital platform to further advance consumer optionality while modernizing the vehicle-ownership experience.
Nov 01, 2022 07:00 am ET
Lithia & Driveway (LAD) Increases Share Repurchase Authorization by $450 Million
MEDFORD, Ore., Nov. 1, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) announced today an increase of $450 million to its share repurchase authorization by its Board of Directors, bringing total funds available for future repurchases to approximately $500 million. 
Oct 20, 2022 10:00 am ET
Lithia & Driveway (LAD) Enters North American Luxury Recreation Vehicle Market with the Addition of Airstream Adventures, the Nation's Largest Airstream Dealer Group
Airstream Adventures adds new, high-value customers to LAD's portfolio of businessesLAD, the largest new automotive retailer in the U.S. with nationwide coverage, can now combine its innovative and technology-enhanced customer experience with the Airstream Adventures Total Guest ExperienceAirstream Adventures is consistent with LAD's vision to provide personal transportation solutions wherever, whenever, and however consumers desireMEDFORD, Ore., Oct. 20, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced it has acquired Airstream Adventures, the largest Airstream dealer
Oct 19, 2022 05:00 am ET
Lithia & Driveway (LAD) Increases Revenue 18%; Reports Diluted EPS of $11.92 and Shares Outstanding Reduced by 10%
Announces Dividend of $0.42 per Share for Third Quarter
Oct 18, 2022 07:00 am ET
LITHIA & DRIVEWAY (LAD) NAMES NEW SENIOR VICE PRESIDENT AND CHIEF PEOPLE OFFICER
MEDFORD, Ore., Oct. 18, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today that Gary Glandon has been named Senior Vice President and Chief People Officer. As CPO, Glandon will continue to be responsible for leading all human resources functions and ensuring the company continues to build a culture that attracts, engages, and develops the best teams to support their 2025 Plan to achieve $50 billion in revenue and more than $55 in EPS.
Oct 10, 2022 04:01 pm ET
Lithia & Driveway (LAD) Schedules Release of Third Quarter 2022 Results
MEDFORD, Ore., Oct. 10, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its third quarter 2022 earnings will be released before the market opens on Wednesday, October 19, 2022. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Sep 20, 2022 07:00 am ET
Lithia & Driveway (LAD) Expands in North Central Region, Completes Second Driveway Finance ABS Offering, and Debuts New Driveway Technology
MEDFORD, Ore., Sept. 20, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today they have expanded their north central footprint with the purchase of five stores from the Wilde Automotive Group in Wisconsin.
Jul 27, 2022 07:10 am ET
LITHIA & DRIVEWAY (LAD) NAMES NEW SENIOR VICE PRESIDENT OF DRIVEWAY & GREENCARS, AND RECOGNIZES "40 UNDER 40" HONOREES
MEDFORD, Ore., July 27, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today that Carol Deacon has been named Senior Vice President of Driveway & GreenCars. Carol will develop, and execute, the strategy of its ecommerce platforms in support of their 2025 Plan to achieve $50 billion in revenue and more than $55 in EPS.
Jul 20, 2022 08:00 am ET
Lithia & Driveway (LAD) Increases Revenue 20%; Driveway Finance Corp hits June Penetration Rate of 12.9%
Announces Dividend of $0.42 per Share for Second Quarter
Jun 28, 2022 10:05 am ET
HAIG PARTNERS SERVES AS EXCLUSIVE ADVISOR ON THE SALE OF LEHMAN AUTO WORLD TO LITHIA MOTORS, INC. (NYSE: LAD)
FORT LAUDERDALE, Fla. , June 28, 2022 /PRNewswire/ -- Haig Partners LLC, the leading buy-sell advisory firm to auto, heavy truck and RV dealers in the U.S., served as the exclusive sell-side advisor to Miami-based Lehman Auto World on the sale of its nine dealerships to Lithia Motors, Inc. (NYSE: LAD). Lehman Auto World consists of Largo Honda, Doral Hyundai, Doral Kia, Doral Genesis, Lehman Subaru, Lehman Hyundai, Lehman Buick-GMC, Lehman Genesis and Lehman Mitsubishi. As a part of this transaction, Lithia also acquired Esserman International which consists of Esserman Acura and Esserman VW
Jun 28, 2022 07:15 am ET
Lithia & Driveway (LAD) Expands Footprint in Florida and Nevada, Adding $950 Million in Annualized Revenue and Repurchases 1.9 Million Shares
MEDFORD, Ore., June 28, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today they have expanded their south Florida footprint with the purchase of nine Lehman Auto World stores and two Esserman International stores in Miami-Dade County. Together, these eleven stores are projected to generate $850 million in annualized revenue.
Jun 08, 2022 07:15 am ET
Driveway Eclipses Key Monthly Transaction and Unique Visitor Milestones
MEDFORD, Ore., June 8, 2022 /PRNewswire/ -- Driveway, LAD's convenient and transparent way for consumers to shop, finance, and sell vehicles online, achieved a monthly volume milestone of 1,050 shop transactions in May.  Driveway's monthly shop and sell transactions of 4,300 represents an over 51,000 transaction annual run-rate, considerably ahead of the 40,000 transactions originally targeted for 2022.
May 03, 2022 07:15 am ET
Lithia & Driveway (LAD) Continues Canadian Expansion with the Addition of Sisley Honda
MEDFORD, Ore., May 3, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) and Pfaff Automotive Partners today announced the first addition to their Canadian portfolio, Sisley Honda, based in Thornhill, Ontario. The addition of Sisley Honda, one of the highest-volume Honda dealerships in Canada, increases LAD's Canadian footprint with a strong, mainstream import brand.
Apr 20, 2022 05:00 am ET
LITHIA & DRIVEWAY (LAD) INCREASES REVENUE 54%, EPS 99%, AND ADJUSTED EPS 103%, RECORD FIRST QUARTER PERFORMANCE
INCREASES DIVIDEND TO $0.42 PER SHARE FOR FIRST QUARTER
Apr 06, 2022 05:00 am ET
Lithia & Driveway (LAD) Schedules Release of First Quarter 2022 Results
MEDFORD, Ore., Apr. 6, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced its first quarter 2022 earnings will be released before the market opens on Wednesday, April 20, 2022. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Mar 07, 2022 11:00 am ET
Pfaff Motorsports, Lithia & Driveway Establish Partnership for IMSA Sports Car Racing Program
Pfaff Motorsports and Lithia & Driveway (NYSE: LAD), a leading North American automotive retailer, today announced a partnership built around the team’s 2022 campaign in the IMSA WeatherTech SportsCar Championship GTD-Pro category. LAD’s online...
Feb 09, 2022 04:00 am ET
LITHIA & DRIVEWAY (LAD) INCREASES REVENUE 60%, EPS 36%, AND ADJUSTED EPS 109%, RECORD FOURTH QUARTER PERFORMANCE
MEDFORD, Ore., Feb. 9, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest fourth quarter revenue and earnings per share in company history.
Jan 26, 2022 04:00 am ET
Lithia & Driveway (LAD) Schedules Release of Fourth Quarter and Full Year 2021 Results
MEDFORD, Ore., Jan. 26, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced its fourth quarter and full year 2021 earnings will be released before the market opens on Wednesday, February 9, 2022. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Jan 05, 2022 06:15 am ET
Lithia & Driveway (LAD) Exceeds December Monthly Driveway Transaction Volume Target by 32%
MEDFORD, Ore., Jan. 5, 2022 /PRNewswire/ -- Driveway, LAD's reimagined way for consumers to shop, finance, and sell vehicles fully online, reported 1,650 transactions in the month of December, significantly exceeding the previously announced 1,250 transactions for December or 15,000 annual run-rate goal.
Dec 07, 2021 06:15 am ET
Lithia & Driveway (LAD) Expand Footprint in Florida and Michigan, their two most important growth regions
MEDFORD, Ore., Dec. 7, 2021 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) announced today the purchase of three Ford stores from the Elder Auto Group. Elder Ford of Tampa significantly increases LAD's domestic footprint in Florida, region 6 and Elder Ford of Troy and Elder Ford of Romeo add density to Michigan operations in region 3. Together these stores are expected to generate $425 million in annualized revenue.
Nov 30, 2021 06:15 am ET
Lithia & Driveway (LAD) Increases Share Repurchase Authorization by $750 Million and Completes Inaugural ABS Offering for Driveway Finance
MEDFORD, Ore., Nov. 30, 2021 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) announced today an increase of $750 million to its share repurchase authorization by its Board of Directors, bringing total funds available today for future repurchases to approximately $885 million.
Nov 16, 2021 10:01 am ET
The Presidio Group Advises on the Sale of Two Qvale Audi Dealerships in South Florida to Lithia Motors
The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and investments in the automotive retail and consumer mobility sectors, exclusively advised Qvale Auto Group on the strategic sale of two Audi dealerships located in Coral Springs and Ft. Lauderdale Florida to Lithia Motors (NYSE: LAD).
Nov 16, 2021 06:15 am ET
Lithia & Driveway (LAD) Enters South Florida with the Addition of Two Audi Stores
MEDFORD, Ore., Nov. 16, 2021 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today their entrance into South Florida with the addition of Audi Fort Lauderdale and Audi Coral Springs. The Florida stores dramatically increase LAD's luxury footprint in the Southeast Region and together are expected to generate $275 million in annualized revenue.
Nov 09, 2021 07:15 am ET
Lithia & Driveway (LAD) Enters North American Powersports Market with Addition of Pfaff Harley-Davidson Dealership
Lithia & Driveway (NYSE: LAD) today announced their entrance into North American powersports with the acquisition of Pfaff Harley-Davidson in Toronto, Canada. The location also becomes the first motorcycle dealership within the Lithia portfolio....
Nov 09, 2021 06:15 am ET
Lithia & Driveway (LAD) Enters North American Powersports Market with Addition of Pfaff Harley-Davidson Dealership
MEDFORD, Ore., Nov. 9, 2021 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced their entrance into North American powersports with the acquisition of Pfaff Harley-Davidson in Toronto, Canada. The location also becomes the first motorcycle dealership within the Lithia portfolio.
Oct 20, 2021 05:00 am ET
Lithia & Driveway (LAD) Increases Revenue 70%, EPS 47%, And Adjusted EPS 63%, Record Third Quarter Performance
MEDFORD, Ore., Oct. 20, 2021 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest third quarter revenue and earnings per share in company history.
Oct 06, 2021 07:00 am ET
Lithia & Driveway (LAD) Schedules Release of Third Quarter 2021 Results
MEDFORD, Ore., Oct. 6, 2021 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced its third quarter 2021 earnings will be released before the market opens on Wednesday, October 20, 2021.  A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Sep 24, 2021 08:00 pm ET
Lithia & Driveway Team With City Of Medford To Support Local Sports Park
MEDFORD, Ore., Sept. 24, 2021 /PRNewswire/ -- The city of Medford and Lithia & Driveway (NYSE: LAD) announced today they are joining forces in a five-year partnership for naming-rights opportunities for the multi-sports complex currently known as U.S. Cellular Community Park.
Sep 14, 2021 07:15 am ET
Lithia & Driveway (LAD) Enters Atlanta, and gains Top Automotive Leader, adding $320 Million in Annualized Revenue
MEDFORD, Ore., Sept. 14, 2021 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today the addition of one of the top Honda stores in the Southeast, Curry Honda located in Chamblee, Georgia. This is LAD's first dealership in Georgia and its strategic location in the top-ten Atlanta market. 
Aug 31, 2021 07:15 am ET
Lithia & Driveway (LAD) launch into Canada with Pfaff partnership
Lithia & Driveway (NYSE: LAD) and Pfaff Automotive Partners today announced a new partnership, the first step in LAD’s expansion into Canada. The deal marks the first entry of a U.S. public automotive retailer to the Canadian market and the next...
Aug 31, 2021 07:15 am ET
Lithia Motors & Driveway (LAD) Expand into Canada with Pfaff Automotive Partners
MEDFORD, Ore., Aug. 31, 2021 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today the company's expansion into Canada through a new partnership with Toronto-based Pfaff Automotive Partners. The transaction is LAD's first international acquisition and paves the way for growth and capital deployment beyond the 50/50 Plan's domestic network target of 500 locations. Pfaff's 11 locations in the Greater Toronto area, the largest market in Canada, as well as Vancouver and Calgary are expected to generate over $1 billion USD in annualized revenues. LAD is also acquiring Pfaff's leasing
Aug 24, 2021 07:15 am ET
Lithia & Driveway (LAD) Further Expands Network Adding $170 Million in Revenue
MEDFORD, Ore., Aug. 24, 2021 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced the acquisition of Rock Honda, a Top 20 Honda New Volume Dealer in the U.S. The purchase of this high-performing Honda dealership in the Inland Empire continues LAD's fast-paced growth trajectory and expands the reach of its omni-channel network.
Aug 10, 2021 07:15 am ET
Driveway Transacts 800 Units in July, a 45% increase month-over-month and LAD Expands Network with Open Points
MEDFORD, Ore., Aug. 10, 2021 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) reported transaction volume acceleration and are exceeding mid-year projections. Driveway reported 800 transactions in the month of July, compared to 550 in June, a 45% increase month-over-month. The company is now pacing nearly 10,000 annual transactions and one large step closer to the year-end run rate target of 15,000.
Aug 03, 2021 07:15 am ET
Lithia Motors' Evolving Customer-Centric Strategy Drives Marketing Leadership Changes
MEDFORD, Ore., Aug. 3, 2021 /PRNewswire/ -- Lithia & Driveway (LAD) announced today senior leadership expansion in its marketing team as part of its aggressive strategic omni-channel plan to achieve $50 billion in revenues and $50 in EPS over five years.
Jul 21, 2021 05:00 am ET
Lithia & Driveway (LAD) Reports Highest Second Quarter Earnings In Company History; Increases Revenue 118% And EPS 218%
MEDFORD, Ore., July 21, 2021 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest second quarter revenue and earnings per share in company history.
Jul 08, 2021 07:15 am ET
Lithia & Driveway (LAD) Schedules Release of Second Quarter 2021 Results
MEDFORD, Ore., July 8, 2021 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced its second quarter 2021 earnings will be released before the market opens on Wednesday, July 21, 2021.  A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Jul 06, 2021 07:15 am ET
Driveway Enhances Customer Shopping Experience with Affordability and AI Financing Guidance Features
MEDFORD, Ore., July 6, 2021 /PRNewswire/ -- Driveway, reimagining the way consumers shop for and finance vehicles online, announced today three powerful new features now live on driveway.com. Driveway's upgraded shopping experience enables customers to shop and filter vehicles by monthly payment, customize a payment with a new budget and payment calculator and achieve a higher likelihood of credit approval with an AI-based feedback tool.
Jun 29, 2021 07:15 am ET
Lithia & Driveway (LAD) Adds Largest Toyota Store in Washington State
MEDFORD, Ore., June 29, 2021 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced the acquisition of Michael's Toyota in Bellevue, Washington, expected to generate $235 million in annualized revenues.
Jun 22, 2021 07:15 am ET
Lithia & Driveway (LAD) Acquires Toyota of Jackson; Expands Network into Mississippi
MEDFORD, Ore., June 22, 2021 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced it has acquired Toyota of Jackson in Jackson, Mississippi. This location adds to LAD's growing Southeast region and is the first in the state of Mississippi. 
Jun 15, 2021 07:15 am ET
Lithia Motors & Driveway (LAD) Eclipses $2 Billion in May Sales and Adds $350 Million in Revenue in Texas
MEDFORD, Ore., June 15, 2021 /PRNewswire/ -- Lithia Motors & Driveway (NYSE: LAD) today reported record May revenues of $2.1 billion and the acquisition of five locations across Texas.
Jun 09, 2021 10:10 am ET
Center BMW Becomes BMW of Sherman Oaks
MEDFORD, Ore., June 9, 2021 /PRNewswire/ -- Lithia Motors & Driveway (NYSE: LAD) today announced that Center BMW, located at 5201 Van Nuys Boulevard in Sherman Oaks, California, is now BMW of Sherman Oaks. The name change comes from the dealership's parent company, LAD and from BMW corporate. The German automaker prefers its dealerships to reflect the name of the town they serve, promoting pride in the community.
Jun 08, 2021 07:15 am ET
Lithia Motors & Driveway (LAD) Adds $185 Million of Revenue
MEDFORD, Ore., June 8, 2021 /PRNewswire/ -- Lithia Motors & Driveway (NYSE: LAD) announced today the acquisition of two locations in Van Nuys, California, serving the greater Los Angeles area. BMW of Sherman Oaks and Acura of Sherman Oaks are expected to generate combined annualized revenues of $185 million.
Apr 13, 2021 10:02 am ET
The Presidio Group Advises on Sale of The Suburban Collection: Largest Number of Franchises Sold to Date in a Strategic Transaction
The Presidio Group LLC (“Presidio”), the leading investment bank specializing in retail automotive and related M&A transactions, exclusively advised The Suburban Collection on the sale of its 56 dealership franchises to Lithia Motors Inc. (NYSE: LAD). The Suburban Collection is the 12th largest privately-owned dealership group in the U.S. based on revenue.
Mar 02, 2021 10:02 am ET
The Presidio Group Advises on the Sale of Fink Automotive Group
The Presidio Group LLC (“Presidio”), a leading investment bank specializing in retail automotive and related M&A transactions, exclusively advised Scott Fink, President of Fink Automotive Group, on the sale of seven new vehicle dealership franchises in the greater Tampa market to Lithia Motors, Inc. (“Lithia”) [NYSE: LAD].
Mar 02, 2021 08:50 am ET
Lithia Motors & Driveway (LAD) Adds $430 Million of Revenue in Key Southeast Region
Lithia Motors & Driveway (NYSE: LAD) announced it has acquired five locations in Florida, all serving the greater Tampa market. The acquisition is expected to add $430 million in annualized revenue and includes Hyundai of New Port Richey, the largest-volume Hyundai location in the United States eight years in a row.
Mar 01, 2021 10:13 am ET
Lithia Motors & Driveway (LAD) to Host Virtual Investor and Analyst Day
Lithia Motors & Driveway (NYSE: LAD) today announced that it will host a virtual investor and analyst day on Wednesday, March 10, 2021. The event will feature presentations from Bryan DeBoer, President and CEO, along with George Hines, Chief Innovation and Technology Officer.
Feb 23, 2021 11:54 am ET
LAD and Sidney DeBoer Complete B-Share Stock Conversion Nearly Five Years Ahead of Schedule
Lithia Motors & Driveway (NYSE: LAD) today announced that nearly five years ahead of schedule, LAD and Sidney DeBoer have completed the conversion of Lithia’s Class B common stock into Class A common stock effective February 23, 2021. As a result, Lithia Motors & Driveway no longer have a dual-class structure and all outstanding shares have the same economic value and voting power.
Feb 09, 2021 07:00 am ET
LAD Adds $240 Million in Revenue, Expanding Reach in Key Southeast Region
Lithia Motors & Driveway (NYSE: LAD) today announced it has acquired two stores in Florida from Fields Auto Group. The transaction includes a Land Rover and a Chrysler Jeep Dodge Ram location, both located in the Greater Orlando, Florida market. In addition, LAD announced the opening of a previously awarded Infiniti location in the Downtown Los Angeles area.
Feb 03, 2021 05:00 am ET
LAD Reports Highest Fourth Quarter and Full Year Earnings in Company History
Lithia Motors & Driveway (NYSE: LAD) today reported the highest fourth quarter revenue and earnings per share in company history.
Jan 25, 2021 11:23 am ET
LAD Schedules Release of Fourth Quarter and Full Year 2020 Results
Lithia Motors & Driveway (NYSE: LAD) announced its fourth quarter and full year 2020 earnings will be released before the market opens on Wednesday, February 3, 2021. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Dec 10, 2020 06:00 am ET
Automotive News Recognizes Lithia Motors Dealers for Excellence
Lithia Motors & Driveway (NYSE: LAD) is proud to announce that ten of its stores have been recognized as the ‘Best Dealerships to Work For in 2020’ by Automotive News. The annual list is a survey and recognition program dedicated to finding and recognizing the best em
Dec 01, 2020 09:00 am ET
LAD Acquires $100 million in Revenue, Expanding Presence in North Central Region
Lithia Motors & Driveway (NYSE: LAD) today announced it has acquired Ramsey Subaru and Mazda, the highest-volume Subaru and Mazda dealers in Iowa. This purchase further increases Lithia’s footprint in the North Central Region of the United States.
Nov 17, 2020 09:00 am ET
LAD Acquires $210 million in Luxury Revenue in the Strategically Important Washington DC Area
Lithia & Driveway (NYSE: LAD), today announced it has acquired Sterling Luxury Group (Sterling Motorcars) in Loudoun County Virginia, one of the most affluent counties in the United States. The transaction includes BMW and Mini of Sterling, as well as Rolls-Royce Motor Cars, Lamborghini and McLaren brands, adding three new premium luxury brands to its portfolio. These additions further increase our brand selection and broadest national network in the industry, now reaching over 95% of the United States.
Nov 10, 2020 09:00 am ET
Lithia Motors Announces the Addition of $1.4 billion in Revenues from the Keyes Automotive Group in Southwest Region
Lithia Motors & Driveway (NYSE: LAD) today announced it has acquired $1.4 billion in revenue (9 locations) from the Keyes Automotive Group, consisting of some of the most coveted brands, Mercedes, Audi, Lexus, Toyota & Hyundai. The move rounds out the Company’s presence in Southern California, the largest car market in the country, while also entering Phoenix, Arizona, Lithia’s sixth top ten market in the United States.
Nov 09, 2020 12:02 pm ET
Lithia Motors CFO Recognized as a Leading Woman in the Auto Industry
Tina Miller, Senior Vice President, Chief Financial Officer of Lithia Motors, Inc. (NYSE: LAD) has been named to the 2020 list of Leading Women in the North American Auto Industry by Automotive News. Every five years, Automotive News compiles the list of 100 Leading Women in the North American Auto Industry, recognizing top female executives at automakers, suppliers, dealerships, and vendors.
Oct 21, 2020 07:00 am ET
Lithia Reports Highest Quarterly Net Income in Company History
Lithia Motors, Inc. (NYSE: LAD) today reported the highest third quarter revenue and earnings per share in company history.
Oct 13, 2020 07:00 am ET
Lithia Schedules Release of Third Quarter 2020 Results
Lithia Motors, Inc. (NYSE: LAD) announced its third quarter 2020 earnings will be released before the market opens on Wednesday, October 21, 2020. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Oct 06, 2020 07:00 am ET
Lithia Motors Adds Another $55 Million in Revenue to Growing Network
Lithia Motors, Inc. (NYSE: LAD) announced today the purchase of Latham Ford serving the Albany, NY, metropolitan area.
Sep 30, 2020 10:46 pm ET
Lithia Announces Pricing of Public Offering of Common Stock
Lithia Motors, Inc. (NYSE: LAD) today announced the pricing of its public offering (the “Offering”) of 3,181,819 shares of its Class A common stock (the “common stock”) at a price to the public of $220.00 per share. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 477,272 shares of common stock at the same public offering price, less underwriting discounts and commissions. The offering is expected to close on October 5, 2020, subject to the satisfaction of customary closing conditions.
Sep 30, 2020 10:44 pm ET
Lithia Announces Upsizing and Pricing of Senior Notes Offering
Lithia Motors, Inc. (NYSE: LAD) today announced the pricing of $550 million in aggregate principal amount of its 4.375% senior notes due 2031 (the "Notes") in a private offering (the "Private Offering"), which represents an increase of $50 million from the offering size previously announced. The Private Offering is expected to close on October 9, 2020, subject to customary closing conditions.
Sep 29, 2020 04:05 pm ET
Lithia Announces Proposed Public Offering of Common Stock
Lithia Motors, Inc. (NYSE: LAD) today announced that we intend to offer, subject to market and other conditions, $700 million of shares of our Class A common stock (the “common stock”) in a public offering (the “Offering”). In addition, we intend to grant the underwriters a 30-day option to purchase up to an additional $105 million of shares of common stock. Lithia intends to use the net proceeds of the Offering for general corporate purposes, which may include financing possible acquisitions, repaying or refinancing debt, working capital and capital expenditures.
Sep 29, 2020 04:05 pm ET
Lithia Announces Proposed Senior Notes Offering
Lithia Motors, Inc. (NYSE: LAD) today announced that we intend to offer, subject to market and other conditions, $500 million in aggregate principal amount of senior notes due 2031 (the "Notes") in a private offering (the "Private Offering") that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). Lithia intends to use the net proceeds of the Private Offering for general corporate purposes, which may include financing possible acquisitions, repaying or refinancing debt, working capital and capital expenditures.
Sep 29, 2020 04:05 pm ET
Lithia Motors Reports Preliminary Third Quarter 2020 Results
Lithia Motors, Inc. (NYSE: LAD) today reported preliminary financial results for the three months ending September 30, 2020. Based on preliminary information available today, Lithia expects third quarter 2020 net income per diluted share to be between $6.10 to $6.40 representing an increase of 68% and 76%, respectively, compared to $3.64 for the three months ended September 30, 2019, and representing an increase of 80% and 89%, respectively, compared to adjusted net income per diluted share of $3.39 for the three months ended September 30, 2019.
Sep 22, 2020 09:00 am ET
Lithia Motors Enters Tennessee Market Expanding Reach in the Southeast Region
Lithia Motors, Inc. (NYSE: LAD) announced today the purchase of Jim Cogdill CJDR in Knoxville, Tennessee.
Sep 01, 2020 10:03 am ET
The Presidio Group Advises on the Sale of John Eagle Dealerships in Houston Area
The Presidio Group LLC (“Presidio”), a leading investment bank specializing in retail automotive and related M&A transactions, exclusively advised John Eagle Dealerships on the sale of Honda Cars of Katy, Honda of Clear Lake, John Eagle Acura, John Eagle Honda Houston, Clearlake Infiniti and Southwest Infiniti to Lithia Motors, Inc. (NYSE: LAD).
Sep 01, 2020 09:00 am ET
Lithia Acquires $600 Million in Revenue Adding to Its Rapidly Growing Network
Lithia Motors, Inc. (NYSE: LAD) announced today the purchase of the remaining six John Eagle Dealerships located in Houston, Texas.
Aug 04, 2020 08:00 am ET
Lithia Adds $500 Million in Revenue with the Purchase of John Eagle of Dallas/Austin
Lithia Motors, Inc. (NYSE: LAD) announced today the addition of four John Eagle Dealerships located in Dallas and Austin, Texas.
Jul 29, 2020 07:00 am ET
BMW of San Francisco Adds $210 Million in Revenue to the Lithia Network
Lithia Motors, Inc. (NYSE: LAD) announced today the addition of BMW of San Francisco.
Jul 22, 2020 08:00 am ET
Lithia Reports Highest Second Quarter Net Income in Company History
Lithia Motors, Inc. (NYSE: LAD) today reported second quarter 2020 revenue of $2.8 billion.
Jul 15, 2020 08:00 am ET
Lithia Schedules Release of Second Quarter 2020 Results
Lithia Motors, Inc. (NYSE: LAD) announced its second quarter 2020 earnings will be released before the market opens on Wednesday, July 22, 2020. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Jul 14, 2020 08:00 am ET
Lithia Motors Welcomes DCH Subaru of Thousand Oaks, California
Lithia Motors, Inc. (NYSE: LAD) announced today the addition of DCH Subaru in Thousand Oaks, California.
Jul 07, 2020 08:00 am ET
Lithia Motors Reports Record June Used Vehicle Sales Increasing 23% and the Acquisition of Two Additional Locations Expanding National Network
Lithia Motors, Inc. (NYSE: LAD) today reported significant improvements across all business lines in June compared to the results previously reported for April and May.
Jun 02, 2020 08:00 am ET
Lithia Motors Reports Business Improvements With Sequential Increases Throughout April and May
Lithia Motors, Inc. (NYSE: LAD) today reported notable improvements across all business lines from the declines experienced in March and April as states begin to relax shelter-in-place policies and enter into the various phases of reopening.
Apr 22, 2020 07:00 am ET
Lithia Reports First Quarter 2020 Results
Lithia Motors, Inc. (NYSE: LAD) today reported first quarter 2020 revenue of $2.8 billion. First quarter 2020 net income per diluted share was $1.97, a 19% decrease from $2.42 per diluted share reported in the first quarter of 2019. Adjusted first quarter 2020 net income per diluted share was $2.01, an 18% decrease compared to adjusted net income of $2.44 per diluted share in the same period of 2019.
Apr 13, 2020 05:35 pm ET
Lithia Motors Reports Preliminary First Quarter 2020 Results
Lithia Motors, Inc. (NYSE: LAD) today reported preliminary financial results for the three months ended March 31, 2020. Based on preliminary information available today, Lithia expects first quarter 2020 net income to be in the range of $45.5 million to $47.0 million and net income per diluted share between $1.95 to $2.00.
Apr 09, 2020 10:00 am ET
Lithia Schedules Release of First Quarter 2020 Results
Lithia Motors, Inc. (NYSE: LAD) announced its first quarter 2020 earnings will be released before the market opens on Wednesday, April 22, 2020. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Apr 03, 2020 05:03 pm ET
Lithia Motors Announces Move to Virtual-Only Annual Shareholder Meeting for 2020
Lithia Motors, Inc. (NYSE: LAD) (the “Company”) today announced that due to the emerging public health impact of COVID-19, the Board of Directors has authorized participation via remote communication and moved to a virtual-only format for the Company’s 2020 Annual Meeting of Shareholders (the "Annual Meeting").
Feb 26, 2020 07:00 am ET
28 Lithia Motors Stores Awarded Dealer of the Year
Twenty-eight Lithia Motors Inc. (NYSE: LAD) stores have been awarded 2020 Dealer of the Year by DealerRater, recognizing them as the best dealership for their brand in their respective states.
Feb 19, 2020 07:00 am ET
Lithia Motors Welcomes Lexus Stores in Sacramento and Roseville
Lithia Motors Inc. (NYSE: LAD) announced today the acquisition of two Lexus stores in Sacramento and Roseville, California.
Feb 12, 2020 07:00 am ET
Lithia Reports Record Full Year 2019 Revenues and Earnings Per Share
Lithia Motors, Inc. (NYSE: LAD) today reported the highest full year revenue and earnings per share in company history.
Jan 16, 2020 07:00 am ET
Lithia Schedules Release of Fourth Quarter and Full Year 2019 Results
Lithia Motors Inc. (NYSE: LAD) announced its fourth quarter and full year 2019 earnings will be released before the market opens on Wednesday, February 12, 2020. A conference call to discuss the earnings results is scheduled for the same day at 10 a.m. EST.
Dec 13, 2019 07:00 am ET
Lithia Motors Amends and Extends Revolving Credit Facility to $2.8 Billion, Completes Senior Notes Offering
Lithia Motors Inc. (NYSE: LAD), a leading provider of personal transportation solutions, announced today that it completed an amendment and extension of its existing syndicated credit facility, increasing the total financing commitment to $2.8 billion, and extending the maturity date to January 1, 2025. The syndicated credit facility can be expanded to $3.2 billion in total availability, subject to lender approval.
Dec 02, 2019 05:49 pm ET
Lithia Announces Pricing of Senior Notes Offering
Lithia Motors, Inc. (NYSE: LAD) today announced the pricing of its previously announced offer of $400 million in aggregate principal amount of its 4.625% senior notes due 2027 (the "Notes") in a private offering (the "Private Offering") that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The Private Offering is expected to close on December 9, 2019, subject to customary closing conditions.
Dec 02, 2019 07:49 am ET
Lithia Announces Proposed Senior Notes Offering
Lithia Motors, Inc. (NYSE: LAD) today announced that we intend to offer, subject to market and other conditions, $400 million in aggregate principal amount of senior notes due 2027 (the "Notes") in a private offering (the "Private Offering") that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). Lithia intends to use the net proceeds of the Private Offering to repay all amounts then outstanding under the revolving line of credit under its credit facility and the remainder for general corporate purposes, which may include funding acqu
Nov 18, 2019 07:00 am ET
Lithia Motors Promotes Chris Holzshu to Chief Operating Officer
Lithia Motors Inc. (NYSE: LAD) announced today that Chris Holzshu, Executive Vice President, has been promoted to Chief Operating Officer (COO).
Nov 04, 2019 07:00 am ET
Lithia Motors Welcomes Florida Stores, Expands Reach to 92% of U.S.
Lithia Motors Inc. (NYSE: LAD) announced today the acquisition of Williams Automotive Group’s Honda and Toyota stores located in the desirable Greater Tampa, Florida market. The partnership between the two companies establishes a base of people and stores for Lithia to grow from in the Southeastern United States.
Oct 23, 2019 07:00 am ET
Lithia Reports Record Third Quarter 2019 Results and Solid Same Store Growth in All Business Lines
Lithia Motors, Inc. (NYSE: LAD) today reported the highest third quarter revenue in company history.
Oct 15, 2019 07:00 am ET
Lithia Motors Activates Sell-From-Home Technology
Lithia Motors Inc. (NYSE: LAD) has activated a convenient sell-from-home customer experience powered by a proprietary technology.
Oct 09, 2019 10:00 am ET
Lithia Schedules Release of Third Quarter 2019 Results
Lithia Motors, Inc. (NYSE: LAD) announced its third quarter 2019 earnings will be released before the market opens on Wednesday, October 23, 2019. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Oct 08, 2019 07:00 am ET
Lithia Motors Welcomes New Stores in Morgantown, West Virginia
Lithia Motors, Inc. (NYSE: LAD) announced today the addition of Chrysler Dodge Jeep Ram Fiat and Subaru stores in Morgantown, West Virginia.
Sep 23, 2019 01:00 pm ET
Island Honda in Kahului Named One of “Best Dealerships to Work For” by Automotive News
Island Honda in Kahului has been named one of the 2019 “Best Dealerships to Work For” by Automotive News.
Sep 23, 2019 10:00 am ET
California DCH Auto Stores Named “Best Dealerships to Work For” by Automotive News
Three DCH auto stores in Southern California have been named “Best Dealerships to Work For” by Automotive News.
Sep 23, 2019 10:00 am ET
Lithia Hyundai of Reno Named One of “Best Dealerships to Work For” by Automotive News
Lithia Hyundai of Reno has been named one of the 2019 “Best Dealerships to Work For” by Automotive News.
Sep 23, 2019 08:00 am ET
Audi Des Moines Named One of “Best Dealerships to Work For” by Automotive News
Audi Des Moines has been named one of the 2019 “Best Dealerships to Work For” by Automotive News.
Sep 23, 2019 08:00 am ET
Lithia Chrysler Dodge Jeep Ram of Corpus Christi Named One of “Best Dealerships to Work For” by Automotive News
Lithia Chrysler Dodge Jeep Ram of Corpus Christi has been named one of the 2019 “Best Dealerships to Work For” by Automotive News.
Sep 23, 2019 07:00 am ET
Lithia Motors, Inc. Stores Named “Best Dealerships to Work For” by Automotive News
Eleven Lithia Motors, Inc. (NYSE: LAD) stores have been named “Best Dealerships to Work For” by Automotive News.
Sep 23, 2019 07:00 am ET
New Jersey DCH Auto Stores Named “Best Dealerships to Work For” by Automotive News
Four DCH auto stores in Northern New Jersey have been named “Best Dealerships to Work For” by Automotive News.
Aug 27, 2019 10:00 am ET
Lithia Motors Welcomes Hazleton Honda in Hazleton, Pennsylvania to the Lithia Network
Lithia Motors, Inc. (NYSE: LAD) announced today the addition of Hazleton Honda in Hazleton, Pennsylvania. The team joins Lithia's nationwide family and extends the store network into Eastern Pennsylvania.
Jul 24, 2019 07:00 am ET
Lithia Reports Record Second Quarter 2019 Results and Same Store Increases in All Business Lines
Lithia Motors, Inc. (NYSE: LAD) today reported the highest second quarter revenue and earnings per share in company history.
Jul 16, 2019 10:00 am ET
Lithia Motors Promotes Tina Miller to Chief Financial Officer
Lithia Motors, Inc. (NYSE: LAD) one of the nation's largest providers of personal transportation solutions, announced today that Tina Miller has been promoted to Senior Vice-President, Chief Financial Officer.
Jul 10, 2019 10:00 am ET
Lithia Motors Elevates George Hines, Chief Innovation & Technology Officer
Lithia Motors, Inc. (NYSE: LAD), one of the nation’s largest providers of personal transportation solutions, announced today that George Hines has been promoted to Senior Vice-President, Chief Innovation and Technology Officer.
Jul 09, 2019 01:22 pm ET
Lithia Schedules Release of Second Quarter 2019 Results
Lithia Motors, Inc. (NYSE: LAD) announced its second quarter 2019 earnings will be released before the market opens on Wednesday, July 24, 2019. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Jul 02, 2019 03:01 am ET
Lithia Motors Welcomes Jaguar Land Rover Mission Viejo, CA
Lithia Motors, Inc. (NYSE: LAD) announced today the addition of Jaguar and Land Rover in Mission Viejo, California. The team joins Lithia's nationwide family and represents the first Jaguar Land Rover location in the growing network.
Jun 05, 2019 07:00 am ET
Lithia Motors Welcomes Ford Lincoln of Morgantown, West Virginia to the Lithia Network
Lithia Motors, Inc. (NYSE: LAD) announced today the addition of Ford Lincoln of Morgantown, West Virginia. The store, previously named Freedom Ford, is Lithia’s first dealership in West Virginia which marks the 19th state in Lithia’s expanding network.
May 14, 2019 07:00 am ET
Lithia Motors Welcomes Hamilton Honda, New Jersey to the Lithia Network
Lithia Motors, Inc. (NYSE: LAD) announced today the addition of Hamilton Honda in Hamilton Township, New Jersey. The team joins Lithia’s nationwide family of stores and expands the reach of Lithia’s network in New Jersey and toward Eastern Pennsylvania.
May 06, 2019 07:00 am ET
Lithia Motors Adds Shauna McIntyre, of Google Automotive Services, to Board of Directors
Lithia Motors, Inc. (NYSE:LAD), one of the nation’s largest providers of personal transportation solutions, announced today that Shauna McIntyre joined their Board of Directors.
Apr 24, 2019 07:00 am ET
Lithia Reports Record First Quarter 2019 Results; Increases Earnings Per Share 17 %
Lithia Motors, Inc. (NYSE: LAD) today reported the highest first quarter revenue and earnings per share in company history.
Apr 23, 2019 09:00 am ET
Shift Experiences Major Growth; Expands into New Markets
SAN FRANCISCO, April 23, 2019 /PRNewswire/ -- Shift Technologies "Shift," an e-commerce platform on a mission to make car-buying convenient, fair, and accessible, today announced it has launched operations in Portland, Oregon, as well as Sacramento, California as it continues to experience strong growth.
Apr 15, 2019 08:15 am ET
Recent Analysis Shows Waste Management, Rayonier Advanced Materials, Triumph Group, Lithia Motors, SolarEdge Technologies, and Insight Enterprises Market Influences — Renewed Outlook, Key Drivers of G
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Waste Management, Inc. (NYSE:WM), Rayonier Advanced Materials Inc....
Apr 09, 2019 07:00 am ET
Lithia Schedules Release of First Quarter 2019 Results
Lithia Motors, Inc. (NYSE: LAD) announced its first quarter earnings will be released before the market opens on Wednesday, April 24, 2019. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Mar 27, 2019 12:05 pm ET
Shift and Lithia Motors Partnering On Data
SAN FRANCISCO, March 27, 2019 /PRNewswire/ -- Shift and Lithia Motors Inc. (NYSE:LAD) announced today that they will continue their ongoing partnership by launching a data-sharing collaboration that will improve decision-making capabilities for both companies.
Mar 27, 2019 12:00 pm ET
Lithia Motors and Shift Announce National Data Partnership
Lithia Motors, Inc. (NYSE: LAD) and Shift, a San Francisco-based e-commerce retailer, announced today the beginning of their national data sharing partnership. The larger data set and combined analytical capabilities will help both companies improve their business decisioning as they expand their collaboration.
Mar 01, 2019 07:00 am ET
Lithia Names Chief Accounting Officer and Interim Principal Financial Officer
Lithia Motors, Inc. (NYSE:LAD) announced that it has promoted Tina Miller to Chief Accounting Officer effective March 1, 2019.
Feb 15, 2019 07:55 am ET
Research Report Identifies Becton, Dickinson, MUELLER WATER PRODUCTS, Spartan Motors, The Providence Service, Heska, and Lithia Motors with Renewed Outlook — Fundamental Analysis, Calculating Forward
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Becton, Dickinson and Company (NYSE:BDX), MUELLER WATER PRODUCTS...
Feb 13, 2019 07:00 am ET
Lithia Reports Record Full Year 2018 Revenues and Earnings Per Share
Lithia Motors, Inc. (NYSE: LAD) today reported the highest full year revenue and earnings per share in company history.
Jan 17, 2019 07:00 am ET
Lithia Motors, Inc. Names First Chief Legal Officer
Lithia Motors (NYSE:LAD) has announced David Stork will join the company as its first Chief Legal Officer. David has worked most of his career at JELD-WEN, Inc., most recently serving as General Counsel.
Jan 14, 2019 07:00 am ET
Lithia Schedules Release of Fourth Quarter and Full Year 2018 Results
Lithia Motors, Inc. (NYSE: LAD) announced its fourth quarter and full year 2018 earnings will be released before the market opens on Wednesday, February 13, 2019. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Dec 20, 2018 12:58 pm ET
Lithia And Shift Expand Partnership; Utilize Lithia For Growth
MEDFORD, Ore., Dec. 20, 2018 /PRNewswire/ -- Lithia Motors, Inc. (NYSE: LAD) and Shift, a San Francisco-based ecommerce retailer, announced the initial union of Lithia's physical infrastructure with Shift's digital sales process in northern California. This operational partnership provides Shift with capacity to store, recondition and deliver vehicles leveraging Lithia's nationwide fulfillment network. As a result of the milestone, Lithia has increased its ownership in Shift.
Oct 31, 2018 07:30 am ET
Detailed Research: Economic Perspectives on Corporate Office Properties Trust, Pentair plc, Axis Capital, Lithia Motors, CubeSmart, and Brown & Brown — What Drives Growth in Today's Competitive Landsc
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Corporate Office Properties Trust (NYSE:OFC), Pentair plc (NYSE:PNR), Axis...
Oct 24, 2018 07:00 am ET
Lithia Reports Record Third Quarter 2018 Results, Increases Revenue 15%
Lithia Motors, Inc. (NYSE: LAD) today reported the highest third quarter revenue and earnings per share in company history.
Oct 15, 2018 07:00 am ET
Ten Lithia Motors, Inc. Stores Named “Best Dealerships to Work For” by Automotive News
“It feels good to know our employees are happy to work here,” said Steve Handler, General Manager at Audi of Oxnard, one of ten Lithia Motors, Inc. (NYSE: LAD) stores being recognized and awarded as the “Best Dealerships to Work For” in 2018.
Oct 11, 2018 07:00 am ET
Lithia and Shift Expand Partnership; Secure Floor Plan for Growth
Lithia Motors, Inc. (NYSE: LAD) and Shift, a San Francisco-based ecommerce retailer, announced Shift has secured a credit line for acquiring used vehicle inventory. The floor plan facility will enable Shift to grow more quickly while reducing interest expense.
Oct 08, 2018 11:05 am ET
Lithia Schedules Release of Third Quarter 2018 Results
Lithia Motors, Inc. (NYSE: LAD) announced its third quarter 2018 earnings will be released before the market opens on Wednesday, October 24, 2018. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Oct 02, 2018 07:00 am ET
Lithia Motors Launches Apple Business Chat
Lithia Motors, Inc. (NYSE: LAD) today announced it is available to customers on 
Sep 25, 2018 08:20 am ET
Report: Developing Opportunities within Crocs, NetApp, Gannett Co., Atossa Genetics, Omega Flex, and Lithia Motors — Future Expectations, Projections Moving into 2018
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Crocs, Inc. (NASDAQ:CROX), NetApp, Inc. (NASDAQ:NTAP), Gannett Co., Inc....
Sep 13, 2018 06:55 am ET
Lithia Announces Strategic Partnership with Shift Technologies
Lithia Motors, Inc. (NYSE: LAD) announced we have entered into a strategic partnership with Shift, a San Francisco-based ecommerce retailer using technology to simplify the car purchasing and ownership experience. In addition, Lithia will lead Shift’s Series D fundraising round, investing $54 million, and become the largest shareholder. Since inception, Shift has raised over $265 million in debt and equity.
Jul 25, 2018 07:00 am ET
Lithia Reports Record Second Quarter 2018 Results, Increases Revenue 26%
Lithia Motors, Inc. (NYSE: LAD) today reported the highest second quarter revenue and earnings per share in company history.
Jul 23, 2018 07:00 am ET
Lithia Selects New Chief Human Resources Officer
Lithia Motors, Inc. (NYSE: LAD) is pleased to announce Erik Lewis as Senior Vice President and Chief Human Resources Officer. “We welcome Erik as our first executive dedicated to supercharging our mission of Growth Powered by People,” said Bryan DeBoer, President and CEO.
Jul 16, 2018 07:00 am ET
Lithia Welcomes First Chief Technology & Innovation Officer
Lithia Motors, Inc. (NYSE: LAD) is pleased to announce George Hines has joined us as our Chief Technology & Innovation Officer. “We’re excited to have George’s digital expertise to improve our customer and team member experiences, drive innovation and expand our revenue base,” said Bryan DeBoer, President and CEO.
Jul 12, 2018 07:00 am ET
Lithia Schedules Release of Second Quarter 2018 Results
Lithia Motors, Inc. (NYSE: LAD) announced its second quarter 2018 earnings will be released before the market opens on Wednesday, July 25, 2018. A conference call to discuss the earnings results is scheduled for the same day at 11:00 a.m. Eastern Time.
May 29, 2018 07:40 am ET
Report: Exploring Fundamental Drivers Behind Vivint Solar, Peapack-Gladstone Financial, Madrigal Pharmaceuticals, Univest Corporation of Pennsylvania, Amtech, and Lithia Motors — New Horizons, Emergin
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Vivint Solar, Inc. (NYSE:VSLR), Peapack-Gladstone Financial Corporation...
Apr 25, 2018 07:00 am ET
Lithia Reports Record First Quarter 2018 Results, Increases Revenue 19%
Lithia Motors, Inc. (NYSE: LAD) today reported the highest first quarter revenue and earnings per share in company history and the 30th consecutive quarter of record results.
Apr 10, 2018 07:30 am ET
Lithia Schedules Release of First Quarter 2018 Results
Lithia Motors, Inc. (NYSE: LAD) announced its first quarter 2018 earnings will be released before the market opens on Wednesday, April 25, 2018. A conference call to discuss the earnings results is scheduled for the same day at 11:00 a.m. Eastern Time.
Apr 04, 2018 08:00 am ET
Report: Developing Opportunities within Assembly Biosciences, Guaranty, Noble Midstream Partners LP, Lithia Motors, Vectrus, and Kforce — Future Expectations, Projections Moving into 2018
NEW YORK, April 04, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Assembly Biosciences, Inc. (NASDAQ:ASMB), Guaranty Bancorp...
Mar 06, 2018 12:22 pm ET
Haig Partners Advises Prestige Family Of Fine Cars On Sale To Lithia Motors, Inc.
RAMSEY, N.J., March 6, 2018 /PRNewswire/ -- Haig Partners LLC is pleased to have represented the owners of Prestige Family of Fine Cars ("Prestige") in the sale of six of their dealerships to Lithia Motors, Inc. (NYSE: LAD), including one BMW, two Lexus, one Mercedes, one Mini, and one Toyota dealership.
Mar 01, 2018 08:00 am ET
Lithia Adds $900 Million in Revenue; Acquires Prestige Auto Stores
Lithia Motors, Inc. (NYSE: LAD) has acquired six marquee stores from Prestige Family of Fine Cars in Bergen County, New Jersey, including a BMW, Mini, Mercedes, Toyota and two Lexus stores. The group is estimated to generate $900 million in steady state annual revenue.
Feb 27, 2018 08:00 am ET
Day Automotive Group Joins Lithia
Lithia Motors, Inc. (NYSE: LAD) has acquired Day Automotive Group in Monroeville, Pennsylvania, a suburb of Pittsburgh. The Day group is estimated to generate $340 million in steady state annual revenue.
Feb 14, 2018 08:30 am ET
Lithia Motors, Inc. Class A to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 14, 2018 / Lithia Motors, Inc. Class A (NYSE: LAD) will be discussing their earnings results in their Q4 Earnings Call to be held on February 14, 2018 at 10:00 AM Eastern Time.
Feb 14, 2018 07:00 am ET
Lithia Reports Record Fourth Quarter and Full Year 2017 Results
Lithia Motors, Inc. (NYSE: LAD) today reported the highest fourth quarter and full year revenue and earnings per share in company history and the 29th consecutive quarter of record results.
Feb 06, 2018 08:10 am ET
New Research: Key Drivers of Growth for Tallgrass Energy GP, LP, Lithia Motors, Akcea Therapeutics, Meridian Bioscience, Myomo, and Liberty Media — Factors of Influence, Major Initiatives and Sustaine
NEW YORK, Feb. 06, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Tallgrass Energy GP, LP (NYSE:TEGP), Lithia...
Jan 25, 2018 06:00 am ET
Lithia Schedules Release of Fourth Quarter and Full Year 2017 Results
Lithia Motors, Inc. (NYSE: LAD) announced its fourth quarter and full year 2017 earnings will be released before the market opens on Wednesday, February 14, 2018. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Oct 25, 2017 07:00 am ET
Lithia Reports Record Third Quarter 2017 Results, Increases Revenue 19%
Lithia Motors, Inc. (NYSE: LAD) today reported the highest third quarter revenue in company history and the 28th consecutive quarter of record results.
Oct 11, 2017 07:00 am ET
Lithia Schedules Release of Third Quarter 2017 Results
Lithia Motors, Inc. (NYSE: LAD) announced its third quarter 2017 earnings will be released before the market opens on Wednesday, October 25, 2017. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Feb 27, 2017 06:37 pm ET
Shau-wai Lam stepping down from Lithia Board of Directors
On February 23, 2017, Shau-wai Lam announced that he would be retiring from Lithia's (NYSE: LAD) Board of Directors at the completion of his term in April. Mr. Lam was formerly the Chairman of DCH Auto Group, and joined Lithia's Board when DCH was acquired in October 2014. Bryan DeBoer, President and CEO, stated, "We thank Shau-wai for providing two years of valuable contributions during the transformational combination of our companies."
Feb 15, 2017 07:00 am ET
Lithia Reports Record Fourth Quarter and Full Year 2016 Results
Lithia Motors, Inc. (NYSE: LAD) today reported the highest fourth quarter and full year revenue and earnings per share in company history.
Jan 24, 2017 07:01 am ET
Lithia Schedules Release of Fourth Quarter and Full Year 2016 Results
Lithia Motors, Inc. (NYSE: LAD) announced its fourth quarter and full year 2016 earnings will be released before the market opens on Wednesday, February 15, 2017. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Nov 22, 2016 07:00 am ET
Lithia Announces Acquisition of Ford Store
Lithia Motors, Inc. (NYSE: LAD) has acquired Honolulu Ford in Honolulu, Hawaii. The store will add an additional $90 million in estimated annual revenues.
Oct 20, 2016 06:59 am ET
Lithia Reports Record Third Quarter Results
Lithia Motors, Inc. (NYSE: LAD) today reported the highest third quarter revenue and earnings per share in company history.
Oct 07, 2016 02:23 pm ET
Lithia Schedules Release of Third Quarter 2016 Results
Lithia Motors, Inc. (NYSE: LAD) announced its third quarter 2016 earnings will be released before the market opens on Thursday, October 20, 2016. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Oct 06, 2016 07:00 am ET
Lithia Announces Acquisition of Audi Store
Lithia Motors, Inc. (NYSE: LAD) has acquired Audi Auto Gallery in Woodland Hills, California. The store will be relocated to Calabasas, California and named Audi Calabasas. It will add an additional $120 million in estimated annual revenues.
Sep 29, 2016 07:00 am ET
Lithia Announces Acquisition of Ford Store; Enters Wyoming
Lithia Motors, Inc. (NYSE: LAD) has acquired Greiner Ford Lincoln of Casper, Wyoming. The store will add an additional $75 million in estimated annual revenues.
Sep 13, 2016 07:00 am ET
Carbone Auto Group Joins Lithia to Expand in Northeast
Lithia Motors, Inc. (NYSE: LAD) has acquired the assets of the Carbone Auto Group, a nine store platform based in New York and Vermont. Carbone is estimated to generate over $600 million in annual revenue through a strong exclusive market strategy. After optimizing the current franchises and operations, the group will consist of 13 stores: two stores each of Honda, Subaru and Ford and one store each of Toyota, Chevrolet, GMC Buick Cadillac, Chrysler Jeep Dodge Ram, Nissan, Hyundai and BMW. Carbone is estimated to provide approximately $0.20 to $0.25 in earnings per share in 2017.
Sep 01, 2016 07:03 am ET
Lithia Announces Grand Opening of Volkswagen Store
Lithia Motors, Inc. (NYSE: LAD) has been awarded a Volkswagen franchise in Freehold, New Jersey. The store is open and operating as DCH Volkswagen of Freehold and will add $35 million in estimated annual revenues.
Aug 11, 2016 02:37 pm ET
Lithia Announces Acquisition of Ford Store
Lithia Motors, Inc. (NYSE: LAD) has acquired Kemp Ford in Thousand Oaks, California. The store will be renamed DCH Ford of Thousand Oaks and will add $65 million in estimated annual revenues.
Jul 28, 2016 06:55 am ET
Lithia Reports Record Second Quarter Results and Increases 2016 Guidance
Lithia Motors, Inc. (NYSE: LAD) reported the highest second quarter adjusted net income in company history, an increase of 2% over the prior year period.
Jul 07, 2016 02:19 pm ET
Lithia Schedules Release of Second Quarter 2016 Results
Lithia Motors, Inc. (NYSE: LAD) announced its second quarter 2016 earnings will be released before the market opens on Thursday, July 28, 2016. A conference call to discuss the earnings results is scheduled for the same day at 11:00 a.m. Eastern Time.
Apr 21, 2016 06:59 am ET
Lithia Reports Adjusted EPS of $1.55 for First Quarter 2016
Lithia Motors, Inc. (NYSE: LAD) reported the highest first quarter adjusted net income in company history and increased adjusted net income 9% for the first quarter 2016 over the prior year period. 2016 first quarter adjusted net income was $40.4 million, or $1.55 per diluted share, compared to 2015 first quarter adjusted net income of $36.9 million, or $1.39 per diluted share.
Apr 13, 2016 01:20 pm ET
Lithia Schedules Release of First Quarter 2016 Results
Lithia Motors, Inc. (NYSE: LAD) announced its first quarter 2016 earnings will be released before the market opens on Thursday, April 21, 2016. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
Mar 03, 2016 07:25 am ET
Lithia Announces $250 Million Authorization for Share Repurchase; Announces David Robino Appointed to Board of Directors
Lithia Motors, Inc. (NYSE: LAD) announced that its Board of Directors has authorized the repurchase of up to $250 million of Lithia Class A common stock. This modifies the existing authorization, increasing the total and establishing a maximum dollar rather than share amount. Lithia had approximately 26 million shares of Class A common stock outstanding as of March 1, 2016.

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