Lithia Motors Announces the Addition of $1.4 billion in Revenues from the Keyes Automotive Group in Southwest Region
Keyes Automotive is among the largest and most successful dealer groups in the country with 21,600 new vehicles and 10,350 used units sold in 2019.
- Keyes Automotive is among the largest and most successful dealer groups in the country with 21,600 new vehicles and 10,350 used units sold in 2019.
- Lithia has the broadest coast-to-coast automotive retail network in the nation, reaching over 92% of the United States.
- Lithia Motors financed this transaction using capital recently raised in concurrent equity and debt offerings that closed in early October.
- We are delighted to welcome this exceptional group to the Lithia Motors team and look forward to tremendous success together in the coming years.