Lithia Motors Inc - Company Profile
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Lithia Motors Inc (Lithia) is an automotive retailer. The primary activity of the company includes providing products and services related to new and used vehicles. The company’s product portfolio includes economy and luxury cars; sport utility vehicles (SUVs); convertibles; coupes; cargo vans; hatchbacks; multi-purpose vehicles (MPV); sedans; wagons; minivans; electric and hybrids; and trucks. It also provides other automotive-related after-sales services through its auto repair centers such as vehicle maintenance, warranty, paint and repair, and vehicle protection products. The company also presents car financing and insurance services through its dealer stores. It offers products and services through franchises, retail networks, and stores, in the US. Lithia is headquartered in Medford, Oregon, the US.
Lithia Motors Inc premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
New and Used Vehicles: | Insurance Service Contracts | Lithia |
Economy and Luxury Cars | Paint And Repair | Driveway |
Sport Utility Vehicles (su Vs) | Vehicle Maintenance | GreenCars |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Acquisitions/Mergers/Takeovers | In February, the company acquired the UK motor and fleet management divisions of Pendragon. |
2024 | Acquisitions/Mergers/Takeovers | In February, Lithia & Driveway acquired Carousel Motor Group. |
2023 | Asset Purchase | In August, the company acquired a Honda store in Texas, the US. |
Competitor Comparison
Key Parameters | Lithia Motors Inc | Penske Automotive Group Inc | AutoNation Inc | CarMax Inc | Group 1 Automotive Inc |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Medford | Bloomfield Hills | Fort Lauderdale | Richmond | Houston |
State/Province | Oregon | Michigan | Florida | Virginia | Texas |
No. of Employees | 27,446 | 28,000 | 25,300 | 30,621 | 16,011 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Sidney B. DeBoer | Chairman | Executive Board | 2015 | 80 |
Bryan B. DeBoer | President; Chief Executive Officer; Director | Executive Board | 2012 | 57 |
Tina Miller | Senior Vice President; Chief Financial Officer | Senior Management | 2019 | 43 |
Christopher S. Holzshu | Chief Operating Officer; Executive Vice President | Senior Management | 2019 | 50 |
David G. Stork | Senior Vice President; Chief Administrative Officer | Senior Management | 2021 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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