TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%
TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%
TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%


Lithia Motors

Lithia Motors acquires Toyota of Gallatin in Tennessee

Lithia Motors acquires Toyota of Gallatin in Tennessee

- March 12, 2026
Lithia Motors acquired Toyota of Gallatin in Gallatin, Tennessee, from Dave Stumbo in a transaction that closed in March 2026. The dealership will continue operating under its existing name and...
Mergers & Acquisitions Tracker Daily Automotive News
Lithia Motors

Lithia Motors to pay $300k in Alaska settlement over car pricing allegations

- January 8, 2026
On the Dash: Lithia Motors agreed to pay $300,000 and provide restitution in a pricing settlement with Alaska regulators. The state alleged dealerships failed to include dealer fees in advertised...
Industry News Articles
Lithia & Driveway

Lithia & Driveway posts record $9.6B Q2 revenue, earnings surge

- July 29, 2025
Lithia & Driveway (LAD) reported on Tuesday a record second-quarter revenue of $9.6 billion, 4% year-over-year increase, marking the highest in the company's history. Total gross profits increased 4.3% over...
Articles Headlines
Lithia Motors successfully reduced expenses and anticipates saving an additional $100 million in 2025, increasing the total savings.

Lithia Motors surpasses cost-cutting target, achieves $200M in savings

- October 24, 2024
According to COO Adam Chamberlain, Lithia Motors successfully reduced expenses by $200 million by the end of the third quarter, surpassing its original cost-cutting target by $50 million. The initiative,...
Headlines Articles
Lithia Motors expanded its U.S. dealership portfolio by entering the North Florida market by acquiring three dealerships.

Lithia Motors expands into North Florida, adding $200 million in revenue

- September 11, 2024
Lithia Motors has expanded its U.S. dealership portfolio by entering the North Florida market by acquiring three dealerships expected to generate more than $200 million in annual revenue. On September...
Headlines Articles
AutoNation and Sonic Automotive are expected to be affected the most by the recent CDK Global outage in their second-quarter earnings.

CDK Global outage set to hit AutoNation and Sonic Automotive hardest in Q2 earnings

- July 18, 2024
According to analysts, AutoNation and Sonic Automotive are expected to be the most affected by the recent CDK Global outage in their second-quarter earnings. Both dealership groups, ranked second and...
Headlines Articles
lithia motors

Lithia Motors aims for $150 million in annual savings through targeted layoffs and cost reductions

- June 6, 2024
Lithia Motors is set to achieve an annual savings of $150 million through strategic layoffs and other employee cost reductions this quarter, as confirmed by Jardon Jaramillo, senior director of...
Headlines Articles
The acquisition by Lithia Motors, set to close within the next six to eight weeks, represents a pivotal moment for Carousel Motor Group.

Lithia Motors buys Carousel Motor Group in 9-store deal

- February 27, 2024
The Pohlad family has decided to part ways with Carousel Motor Group, a company it founded 15 years ago. Lithia Motors will scoop up the dealerships and expand its footprint...
Daily Automotive News Articles
Lithia Motors (LAD) recently revealed a record-breaking revenue of over $31 billion for the year, with $7.7 billion achieved in Q4.

Lithia Motors drives towards $50 billion revenue goal, achieves record-breaking Q4

- February 15, 2024
Lithia Motors (LAD) recently revealed a record-breaking revenue of over $31 billion for the year, with $7.7 billion achieved in the fourth quarter alone, representing an 11% growth from the...
Headlines Articles
Dealership groups continued to build on their early-year successes in the third quarter but struggled to sustain profits from 2022.

Dealer groups show resilience in Q3 despite profitability pressures

- October 27, 2023
Dealership groups across the U.S. broke multiple performance records in the third quarter, highlighting retail automotive's unanticipated resilience in the post-pandemic era. Lithia & Driveway posted a third-quarter revenue of $8.3...
Articles Headlines

Latest Articles

GM leans on global production to supply U.S. market amid cost pressures
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Volkswagen ends U.S. EV output, triggering $600 million financial hit 
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March sales surge tightens inventory, affordability gaps persist
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2026 Genesis G90 black edition: Luxury with a performance edge
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$99M John Deere settlement accelerates high-stakes right to repair movement
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$99M John Deere settlement accelerates high-stakes right to repair movement

TrueCar achieves profitability and calls for a new standard in automotive pricing
Latest Articles 04/16/26

TrueCar achieves profitability and calls for a new standard in automotive pricing

Stellantis, Microsoft deepen alliance to supercharge AI and cybersecurity capabilities 
Latest Articles 04/16/26

Stellantis, Microsoft deepen alliance to supercharge AI and cybersecurity capabilities 
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Pentagon boosts weapons production with automakers, Ford unifies EV strategy, Tesla outlook improves

Pentagon taps automakers to boost weapons production capacity
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Pentagon taps automakers to boost weapons production capacity

Ford creates unified product organization to accelerate EV, software rollout and margin goals
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Ford creates unified product organization to accelerate EV, software rollout


CBT News
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