This article may have been created or edited in return for undisclosed payments, a violation of Wikipedia's terms of use. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. (July 2023)
Lithia Motors, Inc.
Lithia's headquarters in Medford, Oregon
Company type
Public
Traded as
NYSE: LAD
S&P 400 component
Industry
Automotive dealerships
Founded
1946; 78 years ago (1946) in Ashland, Oregon, U.S.
Founder
Walt DeBoer
Sidney DeBoer
Headquarters
Medford, Oregon, U.S.
Key people
Bryan DeBoer (President & CEO)
Sidney DeBoer (chairman)
Revenue
US$22.9 billion (2021)
Operating income
US$1.7 billion (2021)
Net income
US$1.1 billion (2021)
Total assets
US$11.2 billion (2021)
Total equity
US$4.6 billion (2021)
Number of employees
21,150 (2022)
Divisions
Driveway
Subsidiaries
DCH Auto Group
Carbone Auto Group
Baierl Auto Group
Downtown LA Auto Group[1]
Day Auto Group[2]
Prestige Auto Stores[3]
Website
lithiamotors.com
Footnotes / references [4][5][6]
Lithia Motors, Inc. is an American nationwide automotive dealership group headquartered in Medford, Oregon.[7] It is the third largest new vehicle automotive dealership group in the United States, below AutoNation and Penske Automotive Group.[8] As of May, 2024, Lithia operates 298 stores in the United States, 14 stores in Canada and 170 in the United Kingdom.[9] Lithia Motors employs approximately 21,150 people.[10]
In 2015, Lithia Motors broke into the Fortune 500 list at #482,[11] making it one of only three Oregon-based companies in the Fortune 500.[12] This followed a year that saw the acquisition of the DCH Auto Group, one of the 10 largest dealer groups in the country, with 27 dealerships, before being purchased by Lithia Motors.[13] In 2016, Lithia climbed to #346 and that same year made the Fortune 500 List of Top Ten Companies with the biggest jump in rank on the Fortune 500.[14] As of 2018, Lithia is ranked #294 on the Fortune 500.[15] As of 2022 Lithia is ranked #158 on the Fortune 500.
^"Lithia purchases LA auto group". 8 August 2017.
^"Day Automotive Group Joins Lithia". 27 February 2018.
^"Lithia buys New Jersey stores from Prestige". March 2018.
^"Lithia Motors, Inc. Financials". Nasdaq. Retrieved 2022-04-13.
^"Lithia Motors Total Assets 2006–2021 | LAD".
^"Lithia Motors, Inc". Google Finance. Retrieved February 23, 2016.
^"Home". lithiamotors.com.
^"Top 150 Dealership Groups" (PDF). Automotive News. December 27, 2021.
^"Lithia Auto Stores". Retrieved 18 May 2024.
^"FAQ - Lithia & Driveway". Retrieved 22 May 2022.
^2022 Fortune 500
^Rogoway, Mike (January 30, 2016) [first published online January 29]. "Precision Castparts' $37B sale finalized". The Oregonian. p. C8. Retrieved 2016-02-02.
LithiaMotors, Inc. is an American nationwide automotive dealership group headquartered in Medford, Oregon. It is the third largest new vehicle automotive...
Tampa, Florida Lithia, Virginia "Lithia" (The Outer Limits), an episode of the television series Litha, a solstice festival LithiaMotors, Inc., an automobile...
several brands. Medford is also home to the national headquarters of LithiaMotors. Portland is home to one of the West's largest trade book publishing...
stats AutoNation, 249,654 units Penske Automotive Group, 178,437 units LithiaMotors, 171,168 units Group 1 Automotive, 140,221 units Hendrick Automotive...
less money." Between 2017 & 2018 BMW iVentures, Alliance Ventures, and LithiaMotors participated in multiple rounds of investment (Series C & D) which brought...
several brands. Medford is also home to the national headquarters of LithiaMotors. Portland is home to one of the West's largest trade book publishing...
consignment model. As a private company, Shift received funding from LithiaMotors Inc., Goldman Sachs Investment Partners (GSIP), Draper Fisher Jurvetson...
months. Following the sale of its motor dealerships (Stratstone, Evans Halshaw, California and Car Store) to LithiaMotors, the company changed its name from...
Lattice Semiconductor Leatherman Leupold & Stevens Leverage Factory LithiaMotors Little Big Burger Made in Oregon Mentor Graphics MetroPaint Miller Paint...
Manchester Academy North America July 19 Central Point United States LithiaMotors Amphitheater — July 20 Turlock Budweiser Variety Free Stage July 22...
collaboration project by the Medford Urban Renewal Agency (MURA) and LithiaMotors. The park has hosted the Art in Bloom Festival, Easter egg hunts, the...
Fresno Yosemite International Airport terminal expansion, Fresno, CA LithiaMotors, Idaho, Texas, Alaska, South Dakota Idaho State Capitol renovation,...
the Mark Antony Motor Hotel or the Lithia Springs Hotel. It was listed on the National Register of Historic Places in 1978 as "Lithia Springs Hotel"....
Porsche, Lithia, Group One, and others. Dealers are able to implement the software and sell cars directly from the dealership website. "Drive Motors Lets...
leave from her position at General Motors Corporation to work on The Manhattan Project, later returnining to General Motors and remained there until she retired...
targa top. Another car that mimicked the looks of the Bradley GT was the Lithia GT. This car had a body and roof structure that closely resembled the GT's...
spring sources on the property: Black Sulphur, White Sulphur, Soda, and Lithia. It was claimed that drinking the water had health benefits. Advertisements...
Global Information
US$22.9 billion (2021)