Lithia wants FCA storesMon, 20, Feb 2017
Lithia posts 7.5% increase in Q4 net incomeWed, 15, Feb 2017
CEO expects Lithia to maintain growth paceMon, 06, Feb 2017
Lithia CEO: Growth will keep paceThu, 26, Jan 2017
After acquiring 18 stores last year, Lithia Motors CEO Bryan DeBoer said the dealership group plans to grow at the same pace in 2017. "There's a fair amount of supply of available deals right now, so prices have, to some extent, subsided," he said at the Automotive News Retail Forum on Thursday.
DeBoer, Sewell in retail forum lineupMon, 12, Dec 2016
Bryan DeBoerMon, 28, Nov 2016
Hard choices for public retailersMon, 31, Oct 2016
Several public auto-retailer CEOs noted, in remarks following third-quarter earnings releases, the difficulty of balancing volume against profit amid sometimes unrealistic stair-step incentive targets set by automakers. Relief, a few said, may be coming in the form of production cuts which will reduce inventories.
Stop-sales punish publics' profitsMon, 01, Aug 2016
Loving or leaving VW? Public retailers splitMon, 06, Jun 2016
Why Lithia plans to ratchet up tech hiresMon, 02, May 2016
Stop-sale backlog hits public groups' earningsMon, 02, May 2016
Several publicly traded dealership groups noted that cars and truck languishing for months on their lots under stop-sale orders due to recalls hurt their first-quarter earnings. The problem could linger into 2017.