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Lithia & Driveway Welcomes Priority Automotive and Expands Revenue in the Mid-Atlantic Region by $1.2 Billion

Retrieved on:

Tuesday, June 13, 2023

Lithia, Ford, Toyota, Lithia & Driveway Fields, Acquisition, Hyundai, Chevrolet, Growth, Environment, NYSE, Priority, Driveway, Lists of United States Congress

MEDFORD, Ore., June 13, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced the purchase of 13 locations from the Priority Automotive Group in Virginia, expanding its footprint in the strong performing Mid-Atlantic Region.

Key Points:

MEDFORD, Ore., June 13, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced the purchase of 13 locations from the Priority Automotive Group in Virginia, expanding its footprint in the strong performing Mid-Atlantic Region.
These exceptional stores are projected to generate more than $1.2 billion in annualized revenue.
Lithia & Driveway expands its footprint in Mid-Atlantic and is projected to generate more than $1.2 billion.
"All of us at Priority are pleased and excited to join forces with Lithia & Driveway.

KIA AMERICA DROPS LATEST DIGITAL COLLECTIBLE AS PART OF "LEGENDS OF THE DRIVEWAY" CAMPAIGN FOR THE NEW TELLURIDE

Retrieved on:

Tuesday, November 29, 2022

Powered by the Sweet platform, collectors can begin minting " Legends of the Driveway " starting November 29, for $49.99 per collectible.

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Powered by the Sweet platform, collectors can begin minting " Legends of the Driveway " starting November 29, for $49.99 per collectible.
In the creative campaign, Kia reflects on the place many basketball fans and players first fall in love with the game: the driveway.
This new collection from Kia America will be minted on the carbon-neutral Polygon blockchain and sold on the Sweet marketplace.
"With each NFT collection, Kia America is leveraging its strengths and partnerships along with well-executed marketing campaigns to drive toward mass adoption of digital collectibles."

LITHIA & DRIVEWAY (LAD) NAMES NEW SENIOR VICE PRESIDENT OF DRIVEWAY & GREENCARS, AND RECOGNIZES "40 UNDER 40" HONOREES

Retrieved on:

Wednesday, July 27, 2022

People, Acquisition, Deacon, LAD, McKinsey & Company, Industry, CEO, NYSE, Solution, Growth, Senior, Company, Transport, Harry DeBoer, EPS, Management, Retail, Canadian Tire, Driveway

MEDFORD, Ore., July 27, 2022 /PRNewswire/ --Lithia & Driveway (NYSE: LAD) announced today that Carol Deacon has been named Senior Vice President of Driveway & GreenCars.

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MEDFORD, Ore., July 27, 2022 /PRNewswire/ --Lithia & Driveway (NYSE: LAD) announced today that Carol Deacon has been named Senior Vice President of Driveway & GreenCars.
Carol will develop, and execute, the strategy of its ecommerce platforms in support of their 2025 Plan to achieve $50 billion in revenue and more than $55 in EPS.
Deacon joined LAD as part of its 2021 acquisition of the Toronto-based Pfaff Automotive Group, where she served as Chief Operating Officer.
Previously, Deacon worked in corporate strategy and change management at McKinsey & Company, and in digital retail and consumer loyalty transformation at Canadian Tire.

U.S. Bank, Driveway Deliver Payments Instantly to Online Car Sellers

Retrieved on:

Wednesday, March 23, 2022

U.S. Bank and Driveway have collaborated to pay car sellers immediately with real-time payments, making Driveway the first online car dealership to pay customers over the RTP network.

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U.S. Bank and Driveway have collaborated to pay car sellers immediately with real-time payments, making Driveway the first online car dealership to pay customers over the RTP network.
Customers selling a car on Driveway.com can now have the payment deposited instantly into their bank account after a sale is complete and before the vehicle even leaves their driveway.
In 2021, Driveway approached U.S. Bank to develop a payment solution that would be nearly frictionless and reduce the amount of time it took for online car sellers to receive their payment.
Following an in-person inspection by a Driveway Valet and finalized sale, the payment is instantly deposited into the car sellers bank account via the RTP network.

Pfaff Motorsports, Lithia & Driveway Establish Partnership for IMSA Sports Car Racing Program

Retrieved on:

Monday, March 7, 2022

Were delighted to welcome Lithia & Driveway to our 2022 program, said Chris Pfaff, Team Principal of Pfaff Motorsports and President and CEO of Pfaff Automotive Partners.

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Were delighted to welcome Lithia & Driveway to our 2022 program, said Chris Pfaff, Team Principal of Pfaff Motorsports and President and CEO of Pfaff Automotive Partners.
As Pfaff Motorsports looks to defend its title at the 12 Hours of Sebring, the Driveway brand will be prominent on Pfaff Motorsports No.
In Pfaff Motorsports, weve found the perfect partner to introduce our Driveway brand to passionate and loyal race fans, said Bryan DeBoer, President and CEO, Lithia & Driveway.
Added Pfaff Motorsports General Manager Steve Bortolotti, Lithia & Driveways support of IMSA with Pfaff Motorsports is their first racing partnership, so we are looking forward to providing passion-filled and memorable experiences.

The Driveway Company Pursues Expansion in Colorado

Retrieved on:

Thursday, November 18, 2021

TDC, Maintenance, Concrete, Weather, Lifting, Life, Driveway, Water, Road

WACO, Texas, Nov. 18, 2021 /PRNewswire/ -- The Driveway Company, a leading franchise for concrete driveway repair and maintenance, is looking to expand its presence in Colorado by opening three new locations by the end of 2022. The Driveway company is set to open its first location in Colorado by the end of the year. "Concrete driveways in Colorado are more susceptible to peeling, chipping, and cracking due to the state's fluctuating weather conditions, which makes The Driveway Company's services important in this market, "said Courtney Harmon, president of The Driveway Company. "TDC franchisees have had a fantastic year pushing the concrete repair industry to new heights. We are excited to see what the coming year has in store for us as we continue to grow and expand into new territories."The Driveway Company currently operates in 24 locations and is rapidly expanding into new markets across the country. In the next three years, the company intends to expand to 125 locations.

Key Points:

The Driveway company is set to open its first location in Colorado by the end of the year.
"Concrete driveways in Colorado are more susceptible to peeling, chipping, and cracking due to the state's fluctuating weather conditions, which makes The Driveway Company's services important in this market, "said Courtney Harmon, president of The Driveway Company.
Based in Waco, Texas, The Driveway Company has been involved in driveway repair and maintenance for over 30 years.
The Driveway Company has been involved in driveway repair and maintenance for over 30 years.

The Worldwide Decorative Concrete Industry is Expected to Grow to $20.5 Billion by 2025

Retrieved on:

Friday, January 29, 2021

Construction, Architecture, Building materials, Pavements, Decorative concrete, Composite materials, Floors, Stamped concrete, Concrete, Polished concrete, Sidewalk, Driveway

DUBLIN, Jan. 29, 2021 /PRNewswire/ -- The "Decorative Concrete Market by Type (Stamped Concrete, Stained Concrete, Colored Concrete, Polished Concrete, Epoxy Concrete, Concrete Overlays), Application, End-use Sector, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points:

DUBLIN, Jan. 29, 2021 /PRNewswire/ -- The "Decorative Concrete Market by Type (Stamped Concrete, Stained Concrete, Colored Concrete, Polished Concrete, Epoxy Concrete, Concrete Overlays), Application, End-use Sector, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global decorative concrete market size is projected to grow from USD 15.4 billion in 2020 to USD 20.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.9%.
The global decorative concrete industry has witnessed high growth primarily because of the increasing demand for durable and low-maintenance construction products worldwide.
Decorative concrete has become one the popular choices in driveways and sidewalks; stamped or stained type of decorative concrete is often used in driveways and sidewalks.

Decorative Concrete Market by Type, Application, End-use Sector and Region - Global Forecast to 2025 - ResearchAndMarkets.com

Retrieved on:

Thursday, January 28, 2021

Construction & Property, Other Construction & Property, Construction, Architecture, Building materials, Floors, Pavements, Decorative concrete, Stamped concrete, Polished concrete, Concrete, Sidewalk, Flooring, Driveway

The "Decorative Concrete Market by Type (Stamped Concrete, Stained Concrete, Colored Concrete, Polished Concrete, Epoxy Concrete, Concrete Overlays), Application, End-use Sector, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Decorative Concrete Market by Type (Stamped Concrete, Stained Concrete, Colored Concrete, Polished Concrete, Epoxy Concrete, Concrete Overlays), Application, End-use Sector, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global decorative concrete industry has witnessed high growth primarily because of the increasing demand for durable and low-maintenance construction products worldwide.
Demand for appealing & decorative, cost-effective, and durable flooring applications is another key factor contributing to the increasing growth of the decorative concrete market over the next few years.
Decorative concrete has become one the popular choices in driveways and sidewalks; stamped or stained type of decorative concrete is often used in driveways and sidewalks.

Prevent Slips, Trips, Falls And Potential Lawsuits With On Demand Snow Removal

Retrieved on:

Tuesday, January 26, 2021

Weather, Snow removal, Nature, Weather hazards, Phases of matter, Snow, Parking, Driveway, GreenPal

Winter is here and property owners need to diligent, keeping their sidewalks, driveways and parking lots free of snow and ice to prevent accidents.

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Winter is here and property owners need to diligent, keeping their sidewalks, driveways and parking lots free of snow and ice to prevent accidents.
To help prevent injuries, property owners can now book snow removal on demand with GreenPal, the "Uber" of snow removal.
To help prevent injuries, property owners can now book snow removal on demand with GreenPal.
GreenPal , the largest snow removal app, services 78 major cities affected by snow making it fast for anyone to book.

Netradyne Passes 1 Billion Miles Mapped and Captures and Analyzes Nearly 3 Billion Minutes of Vision Based Driving Data

Retrieved on:

Tuesday, July 21, 2020

Road transport, Land transport, Types of roads, Transport, Frontage road, Driveway, Road, Automotive safety

The Driveri system leverages a 4-camera system looking both within and outside the vehicle, continuously analyzing driving scenes and road data while monitoring drivers for driving behavior using AI embedded directly into the edge computing device.

Key Points:

The Driveri system leverages a 4-camera system looking both within and outside the vehicle, continuously analyzing driving scenes and road data while monitoring drivers for driving behavior using AI embedded directly into the edge computing device.
It captures diverse roads and traffic scenarios such as commercial driveways, temporary road closures, frontage roads, school zones and more.
Founded in 2015, Netradyne leverages global technology centers in San Diego and Bangalore to push the boundaries of intelligent connectivity.
For more information about Driveri or to inquire about commercial vehicle safety tools, please visit www.netradyne.com .