Lithia Motors
Public dealership groups still see potential in used vehicles
Mon, 29, May 2017Publicly traded dealership groups are proceeding with used-only store plans in the face of declining new-vehicle sales, despite shrinking first-quarter used profits.
Lithia's $4 million service-pay settlement ends lawsuit against DCH
Tue, 30, May 2017Lithia has finally wrapped up lawsuits filed against DCH, which it acquired in 2014, over service technicians' wage-and-hour issues.
Lithia expands into new markets
Mon, 08, May 2017Lithia Motors' strategy of growing through acquisitions continues to broaden the dealership group's geographic footprint. It just added Pennsylvania to the list of states where it sells cars.
Lithia buys Baierl Auto Group, enters Pittsburgh market
Mon, 01, May 2017Lithia Motors acquired Baierl Auto Group in Pittsburgh, giving the Oregon dealership group its first retail foothold in Pennsylvania.
Acquisitions fuel 1st-quarter revenue gains for Lithia
Mon, 24, Apr 2017Lithia Motors' net income rose 26 percent in the first quarter, on acquisition-powered volume gains in all departments.
Lithia net jumps 26% in Q1 on strong sales by all departments
Wed, 19, Apr 2017Lithia Motors said net income increased 26 percent to $50.7 million in the first quarter from the year-earlier period, on volume gains in all aspects of the dealership group's business.
Lam, Lithia partner on dealer academy
Fri, 10, Mar 2017DCH Auto Group lost its minority-owned status when it was acquired by Lithia Motors in 2014, but in a new partnership with Lithia, former DCH Chairman Shau-wai Lam plans to develop a new generation of minority dealers
Lithia wants FCA stores
Mon, 20, Feb 2017Lithia Motors Inc. is in talks with Fiat Chrysler Automobiles to win a chance to open new stores as the automaker expands its dealership network.
Lithia posts 7.5% increase in Q4 net income
Wed, 15, Feb 2017Lithia Motors' net income rose 7.5 percent to $51.3 million in the fourth quarter on strong used-car sales and record finance and insurance gains, the retailer said.
FTC sued over sale of certified used cars
Tue, 07, Feb 2017The Center for Auto Safety and five other groups filed a lawsuit against the Federal Trade Commission for allowing used cars to be advertised as "certified" or safe despite being the target of an outstanding safety recall.
CEO expects Lithia to maintain growth pace
Mon, 06, Feb 2017After acquiring 18 stores last year, Lithia Motors CEO Bryan DeBoer said the dealership group plans to grow at the same pace in 2017.
First Shift: Lithia growth hope; Sonic dream team
Fri, 27, Jan 2017At NADA: Lithia's hope for growth, Sonic's journey from 'Wild Wild West' to single team; Honda's all-American defense strategy?; Audi and the Trump effect.
