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Announces Dividend of $0.50 per Share for Fourth Quarter MEDFORD, Ore. , Feb. 14, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest fourth quarter revenue in company history.
Lithia Motors is an integrated car retail company with multiple services and locations across the US, Canada, and the UK. This is a highly integrated business that sells many car-related products and services ranging from car parts to car insurance in addition to selling cars. The company has experienced market share growth in both new and used car markets through acquisitions, organic growth, ...
MEDFORD, Ore. , Feb. 1, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announces today that it has completed the transaction with Pendragon PLC ("Pendragon", to be renamed Pinewood Technologies Group PLC "Pinewood Technologies") acquiring the UK motor and fleet management divisions of Pendragon, the UK's third largest automotive dealership group and forming a strategic partnership with Pine...
MEDFORD, Ore. , Jan. 23, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD), one of the largest global automotive retailers, has promoted Adam Chamberlain to Chief Customer Officer (CCO).
MEDFORD, Ore. , Jan. 17, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its fourth quarter 2023 earnings will be released before the market opens on Wednesday, February 14, 2024.
Car dealerships, including Lithia Motors and Asbury Automotive, have fallen out of favor with investors due to pandemic-related issues in the automotive industry. Asbury Automotive is more profitable than Lithia Motors, while Lithia has been growing at a faster rate. Both companies are trading at significant discounts to historical valuations, presenting a buying opportunity for investors.
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