Lithia Motors Adds Another $55 Million in Revenue to Growing Network
Retrieved on:
Tuesday, October 6, 2020
We are pleased to add Latham Ford to the Lithia Family, further strengthening our ability to serve our communities in the Northeastern United States, said Bryan DeBoer, Lithia Motors President and CEO.
Key Points:
- We are pleased to add Latham Ford to the Lithia Family, further strengthening our ability to serve our communities in the Northeastern United States, said Bryan DeBoer, Lithia Motors President and CEO.
- Latham Ford is expected to add $55 million in annualized revenue, bringing Lithia's total network expansion to over $1.75 billion in revenue thus far in 2020.
- Lithia has built the broadest coast-to-coast automotive retail network, reaching over 92% of the United States and creating the fulfillment foundation of its omni-channel offerings.
- Lithia Motors continues to pragmatically and profitably modernize the industry through its mission of Growth Powered by People.