Lithia Motors, Inc.
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Website
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Code
LAD
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Address
150 N Bartlett St
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Industries
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Competitors
Acquisitive Lithia Motors is a big hungry fish among US auto retailers. The company operates about 140 stores in select markets in more than a dozen states. The firm sells some 30 brands of new domestic and imported vehicles, and all brands of used cars and trucks, through its stores and online. Chrysler (Dodge, Jeep) and GM (Chevrolet, Cadillac, Saab) are the top sellers. It also offers financing and replacement parts, and operates 17 collision-repair centers. Unlike most consolidators, it prefers to pay cash (rather than stock) for dealerships in smaller markets. It also offers financing, vehicle protection products and credit insurance. Chairman Sidney DeBoer controls Lithia Motors through Lithia Holding Co.