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Announces Dividend of $0.53 per Share for Second Quarter MEDFORD, Ore. , Aug. 1, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest second quarter revenue in company history and the first profitable quarter for Financing Operations, which includes Driveway Finance Corporation.
Lithia Motors (LAD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MEDFORD, Ore. , July 16, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its second quarter 2024 earnings will be released before the market opens on Thursday, August 1, 2024.
Investors need to pay close attention to Lithia Motors (LAD) stock based on the movements in the options market lately.
Lithia (LAD) and Marubeni make a notable minority investment in Wheels to help it innovate its top-tier product offerings for corporate clients.
DES PLAINES, Illinois and TOKYO and MEDFORD, Ore. and NEW YORK , June 27, 2024 /PRNewswire/ -- Wheels, a leading fleet management company in North America, announced that it received a significant minority investment from Marubeni Corporation ("Marubeni") and Lithia & Driveway ("Lithia").
DES PLAINES, Ill. and TOKYO and MEDFORD, Ore. and NEW YORK, June 27, 2024 (GLOBE NEWSWIRE) -- Wheels, a leading fleet management company in North America, announced that it received a significant minority investment from Marubeni Corporation (“Marubeni”) and Lithia & Driveway (“Lithia”). The strategic investment aligns Wheels with notable players in the mobility space as it continues to innovate, building upon its best-in-class product offerings to corporate clients. As the pioneer in fleet leasing and services, Wheels recognizes that the automotive industry is constantly evolving and welcomes the deep industry knowledge that Marubeni and Lithia collectively contribute to our business.
Lithia (LAD) expands its presence in the U.S. Southeast Region by acquiring two dealerships in Memphis, TN, and one in the greater Toronto area.
MEMPHIS, Tenn.--(BUSINESS WIRE)-- #autoindustry--Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Memphis, Tennessee-based Sunrise Auto Group in the sale of Sunrise Wolfchase Buick GMC, the #1 Buick GMC dealership in Memphis, and Sunrise Buick GMC Collierville to Medford, Oregon-based Lithia Motors (NYSE:LAD). With the completion of this transaction, Kerrigan Advisors has represented on the sale of more than 80 franchises in the Southeast since 2020,.
MEDFORD, Ore. , June 11, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today it has expanded its footprint in the U.S. Southeast Region with the purchase of Sunrise Chevrolet Buick GMC at Collierville and Sunrise Buick GMC at Wolfchase in Memphis, Tennessee, and Woodbridge Hyundai in the greater Toronto area.