Lithia Motors

Automotive stocks lag other indexes in tough 3rd quarter

12:01 am U.S. ET | Oct. 26, 2015

Global automotive stocks took a pounding in the third quarter, part of a broad downturn in financial markets....
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Lithia gears up acquisitions to meet new profit goal

11:07 am U.S. ET | Oct. 21, 2015

Lithia Motors is ramping up its store acquisition strategy after setting aggressive new earnings goals. “We are looking at approximately 30 deals in the New Jersey and L.A. markets,” Lithia CEO Bryan DeBoer said today after reporting strong gains during the third quarter....
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Lithia founder takes a pay cut -- for life

12:01 am U.S. ET | Sept. 28, 2015

Lithia Motors Inc. founder Sid DeBoer is stepping down as an executive officer of the company and will take a massive pay cut -- for life....
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Lithia prepares for next acquisition

1:41 pm U.S. ET | July 22, 2015

Lithia Motors expects its DCH Auto Group division to acquire more stores in a major coastal market in the next few months....
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Lithia's Q2 net jumps 34% on DCH purchase

9:19 am U.S. ET | July 22, 2015

Lithia Motors' second-quarter profit and revenue soared, largely because of its acquisition last year of DCH Auto Group along with improving new- and used-vehicle sales volumes....
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Scarola, former DCH exec, to leave Lithia

12:01 am U.S. ET | June 15, 2015

Susan Scarola, the former vice chairman of DCH Auto Group and one of the most high-profile women in auto retailing, is leaving Lithia Motors. A difference in management strategy between DCH and Lithia is influencing her next move....
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Former DCH executive Susan Scarola departs Lithia

4:15 pm U.S. ET | June 9, 2015

Susan Scarola, the former vice chairman of DCH Auto Group and one of the most high-profile women in auto retailing, is leaving Lithia Motors, effective July 1....
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BLOG: Lithia reaches out to women in step toward industry evolution

12:13 pm U.S. ET | May 6, 2015

Lithia has about 10,000 employees -- a quarter of them are women. But Lithia wants to hire more women at every level and it's doing something about it....
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Public dealerships plan for growth

12:01 am U.S. ET | April 27, 2015

AutoNation, Sonic, Asbury and Lithia gave updates on their new projects as they reported generally robust first-quarter earnings. Here's what they said....
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Lithia's Q1 net income soars 64% on broad gains, DCH integration

11:03 am U.S. ET | April 22, 2015

Lithia Motors' net income surged 64 percent to $41 million in the first quarter from a year earlier, on strong sales across all divisions and the continued integration of its purchase last year of DCH Auto Group, the dealership group said today....
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Lithia refocuses on customer-pay work

12:01 am U.S. ET | March 9, 2015

A surge of warranty business largely accounted for Lithia Motors Inc.'s gain in service and parts revenue last year. That's prompting the group to urge store managers to emphasize winning more customer-pay work....
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Lithia Q4 net income jumps 50% as it makes acquisitions top priority

9:38 am U.S. ET | Feb. 25, 2015

Strong sales across all divisions and the integration of its purchase last year of DCH Auto Group pushed Lithia Motors' net income up 50 percent during the fourth quarter....
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Lithia launches pay plan to retain top store managers

12:01 am U.S. ET | Feb. 23, 2015

Lithia Motors Inc. has started a new program that identifies top managers and gives them increased stock ownership in lieu of cash. The goal is to retain top talent and improve store performance, says Lithia CEO Bryan DeBoer....
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Lithia, DCH build on the other's strengths

12:01 am U.S. ET | Feb. 16, 2015

Just over four months after Lithia Motors closed on its deal to buy DCH Auto Group's 27 dealerships, the two groups are busy sharing best practices and instituting a new culture at DCH....
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