TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


Lithia Motors

mergers and acquisitions

Dealership mergers and acquisitions keep going strong in July

- August 5, 2022
Profit levels are rising even with high inflation and increasing interest rates. This has prompted many dealerships to merge or completely acquire others. July was a hot month for dealership...
Lithia Motors

Lithia Motors Q2 earnings miss estimates, used vehicle revenues increase 39%

- July 25, 2022
Leading automotive retailer Lithia Motors reported its second-quarter earnings late last week, just missing the estimates from Zack's Investment Research. New vehicle revenue reached just over $3.25 million, a 3.3%...
Suburban - George Karolis

What motivated The Suburban Collection to make the decision to sell to Lithia? – George Karolis, The Presidio Group

- April 27, 2021
As first reported by CBT News, Lithia Motors has acquired Michigan's Suburban Collection. This transaction marks one of the largest dealership acquisitions in the past decade. Although details of the...
Lithia

CBT News Update: Lithia completes transaction to acquire The Suburban Collection

- April 12, 2021
Lithia Motors Inc. is preparing to close a deal to acquire The Suburban Collection. As first reported by CBT News, plans for the transaction were made public on January 30,...
Lithia Motors

Lithia Motors & Driveway (LAD) Adds $430 Million of Revenue in Key Southeast Region

- March 2, 2021
MEDFORD, Ore.--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...

Will the record breaking automotive M&A activity continue throughout 2021? – Ryan Kerrigan

- February 10, 2021
Automotive M&A deals have been very active over the last 12 months as major retailers expand their footprint into new markets. Lithia Motors has been one of the most aggressive...

Lithia acquires two stores from Fields Auto Group

- February 10, 2021
Lithia Motors has acquired two stores in Florida, expanding its presence in the Southeast Region. The growing retailer announced the transaction in a press release, saying it had reached a...

Buy/sell expert Dave Cantin discusses the current state of industry consolidation and dealership valuations

- February 8, 2021
Automotive M&A transactions have been extremely active even in the throes of a global pandemic. Lithia Motors has made major headlines as it continues to acquire robust dealership groups across...
Keyes Automotive

Erin Kerrigan discusses representing Keyes Automotive Group with its monumental sale to Lithia Motors

- November 18, 2020
Lithia Motors is growing! They have now acquired nine Keyes Automotive Group dealerships, which is $1.4 billion in revenue for Lithia. This sale encompasses some of the highest volume auto...
Lithia

Lithia Motorspurchases remaining John Eagle dealerships

- September 4, 2020
Last month, Lithia Motors announced it had purchased four John Eagle dealerships including John Eagle Honda of Dallas, Honda Cars of Rockwall, Howdy Honda of Austin, and John Eagle Sports...


CBT News
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