Lithia Motors barrels on with more dealership acquisitions

Lithia Motors barrels on with more dealership acquisitions

Other prospective acquisitions are in perform. In April, Lithia experienced dealerships under agreement really worth $1.9 billion in once-a-year revenue. Tom Dobry, vice president of advertising for Lithia, stated he couldn’t remark on how several dealerships Lithia now has less than contract to buy, nor how significantly in yearly revenue they would deliver. He also

Hello Auto, Sewell Automotive Cos. buy dealerships; Lithia sells Nissan store

Hello Auto, Sewell Automotive Cos. buy dealerships; Lithia sells Nissan store

Two dealership groups expanded in California and Texas, respectively, with Oct transactions, although publicly traded vehicle retailer Lithia Motors Inc. bought a Nissan keep this thirty day period. This is a glimpse at the promotions involving import and luxury dealerships. Lithia dealership divestitureLithia Motors Inc. has divested another dealership from the Carbone Car Group, which