Copyright MarketBeat
Lithia Motors (NYSE:LAD) is an American automotive retailer headquartered in Medford, Oregon. Founded in 1946 as a small auto body and glass shop, the company has grown through organic expansion and strategic acquisitions to become one of the largest automotive retail networks in North America. Lithia operates dealerships across the United States and Canada, offering a broad portfolio of new and pre-owned vehicles from more than 40 different manufacturers. The company’s core business activities include vehicle sales, financing, insurance, parts and service. Lithia’s dealerships provide customers with in-house auto financing solutions and extended-warranty products, while its service centers handle maintenance, repairs and genuine manufacturer parts. In addition to retail operations, Lithia offers fleet management and commercial services through its subsidiary ARI Fleet, serving businesses that require vehicle leasing, maintenance and lifecycle support. Lithia Motors has pursued a growth strategy that combines regional dealership acquisitions with investments in digital retailing tools, enabling online vehicle shopping, home delivery options and streamlined financing approvals. The company’s leadership team is composed of industry veterans who oversee operations, technology integration and customer-experience initiatives. Lithia remains focused on enhancing its omnichannel capabilities and expanding its geographic footprint to meet evolving consumer expectations in the automotive sector.
