TSLA423.7407.86%
GM81.730-0.95%
F16.165-0.465%
RIVN17.2900.34%
CYD58.9001.11%
HMC26.4800.24%
TM180.490-2.43%
CVNA65.602-5.3985%
PAG172.3601.92%
LAD295.5001.98%
AN191.0902.07%
GPI308.320-3.19%
ABG189.9603.34%
SAH84.8000.93%
TSLA423.7407.86%
GM81.730-0.95%
F16.165-0.465%
RIVN17.2900.34%
CYD58.9001.11%
HMC26.4800.24%
TM180.490-2.43%
CVNA65.602-5.3985%
PAG172.3601.92%
LAD295.5001.98%
AN191.0902.07%
GPI308.320-3.19%
ABG189.9603.34%
SAH84.8000.93%
TSLA423.7407.86%
GM81.730-0.95%
F16.165-0.465%
RIVN17.2900.34%
CYD58.9001.11%
HMC26.4800.24%
TM180.490-2.43%
CVNA65.602-5.3985%
PAG172.3601.92%
LAD295.5001.98%
AN191.0902.07%
GPI308.320-3.19%
ABG189.9603.34%
SAH84.8000.93%

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
Tariff panic is overblown: Why American car buyers aren't the real target

Tariff panic is overblown: Why American car buyers aren’t the real target

- June 2, 2026
Turn on the mainstream media and you’d think a 25% tariff on European vehicles is about to crush American car buyers overnight. Higher prices, fewer choices, economic fallout, the usual...
SBA will host its second 2026 Supplier Matchmaking Expo June 5 in Detroit, connecting small suppliers with major buyers.

SBA, General Motors to co-host Supplier Matchmaking Expo in Detroit [registrations open]

- June 1, 2026
DETROIT, Mich. — Today, the U.S. Small Business Administration (SBA) announced that its second 2026 Supplier Matchmaking Expo will take place on June 5, 2026, at the MotorCity Casino in Detroit, Michigan. The event,...
Woodhouse Auto Family acquires Ferrari of Denver in Colorado

Woodhouse Auto Family acquires Ferrari of Denver in Colorado

- May 29, 2026
Jason Pittack of the Woodhouse Auto Family has acquired Ferrari of Denver in Colorado from Lithia Motors in a transaction facilitated by Pinnacle Mergers & Acquisitions. The dealership will continue...
Honda's Racing spirit is driving the future of hybrid vehicles

Honda’s Racing Spirit is driving the future of hybrid vehicles

- May 29, 2026
The Indianapolis 500 is still one of the greatest spectacles in motorsports, 500 miles of precision, pressure, and speeds approaching 240 mph. But for Honda, the Indy 500 is more...
```html ```