TSLA355.090-21.275%
GM87.105-0.115%
F14.4850.075%
RIVN15.685-0.225%
CYD37.7300.06%
HMC32.630-0.41%
TM197.350-2.52%
CVNA73.5350.105%
PAG219.255-0.365%
LAD378.090-0.89%
AN208.6201.44%
GPI290.9406.61%
ABG214.235-1.175%
SAH79.4200%
TSLA355.090-21.275%
GM87.105-0.115%
F14.4850.075%
RIVN15.685-0.225%
CYD37.7300.06%
HMC32.630-0.41%
TM197.350-2.52%
CVNA73.5350.105%
PAG219.255-0.365%
LAD378.090-0.89%
AN208.6201.44%
GPI290.9406.61%
ABG214.235-1.175%
SAH79.4200%
TSLA355.090-21.275%
GM87.105-0.115%
F14.4850.075%
RIVN15.685-0.225%
CYD37.7300.06%
HMC32.630-0.41%
TM197.350-2.52%
CVNA73.5350.105%
PAG219.255-0.365%
LAD378.090-0.89%
AN208.6201.44%
GPI290.9406.61%
ABG214.235-1.175%
SAH79.4200%

Lithia Motors acquires two luxury dealerships in Southern California

Lithia Motors expands Porsche dealership in California

Image Source | Cars.com

Lithia Motors expanded its luxury portfolio with the purchase of Porsche Beverly Hills and Santa Monica Audi in Southern California. The acquisition, closed on November 10, 2025, is expected to generate approximately $450 million in annual revenue and raise Lithia’s projected 2025 revenue from acquisitions to $2.1 billion.

Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox.

Deal Details:

  • Seller: Geoff Emery

  • Buyer: Lithia Motors Inc.

  • Transaction Date: November 10, 2025

  • Rebranded Dealerships:
    Porsche Beverly Hills → Porsche Beverly Hills (name retained)

    Santa Monica Audi → Santa Monica Audi (name retained)

  • Advisor/Facilitator: MD Johnson Inc. (Mark Johnson, Enumclaw, WA)

Read More

More from Daily Automotive News
Courtesy Automotive Group adds two Tucson dealerships

Courtesy Automotive Group adds two Tucson dealerships

- September 4, 2026
Pinnacle Mergers & Acquisitions has facilitated the sale of Watson Chevrolet and Infiniti of Tucson in Arizona to Scott Gruwell, President and CEO of Courtesy Automotive Group. The transaction expands...
Sonic Automotive acquires Porsche Walnut Creek from Fletcher Jones

Sonic Automotive acquires Porsche Walnut Creek from Fletcher Jones

- September 2, 2026
Sonic Automotive acquired Porsche Walnut Creek in Walnut Creek, California, from Fletcher Jones Automotive Group on August 25, 2026, in a transaction that also included the dealership’s related real estate....
When did fixing your own car become someone else's decision?

When did fixing your own car become someone else’s decision?

- September 2, 2026
You paid for the car. You insure it. You fill the tank. The title has your name on it. So why does fixing a broken sensor or updating a module...
Matthew Sanderson acquires Indiana Ford dealership

Matthew Sanderson acquires Indiana Ford dealership

- August 31, 2026
Tim Lamb Group facilitated the sale of Auto Park Ford of La Porte to first-time dealership owner Matthew Sanderson, marking his first dealership ownership opportunity. Sanderson will operate the store...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.