Lithia Motors Welcomes Hazleton Honda in Hazleton, Pennsylvania to the Lithia Network
Lithia Motors, Inc. (LAD)
Last lithia motors, inc. earnings: 4/22 07:00 am
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Source: Business Wire
MEDFORD, Ore.--(BUSINESS WIRE)--Lithia Motors, Inc. (NYSE: LAD) announced today the addition of Hazleton Honda in Hazleton, Pennsylvania. The team joins Lithia's nationwide family and extends the store network into Eastern Pennsylvania.Lithia anticipates that Hazleton Honda will generate approximately $50 million in annual revenue. The store is an example of Lithia’s strategy of acquiring a strong brand with considerable earnings potential.“We’re excited to welcome the existing team and their expertise to expand our customer offerings and market share,” said Bryan DeBoer, Lithia Motors, Inc. President and CEO. He added, “Located between our store groupings in Western Pennsylvania and the Tri-State area, this location is strategically positioned to provide customers with experiences wherever, whenever, and however they desire.”Lithia is on pace for another solid year of acquisition growth. "The acquisition market remains robust as we expand beyond our current national reach of 82%.
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Earnings
- 10/23/24 - Beat
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Sec Filings
- 12/10/24 - Form 4
- 12/10/24 - Form 144
- 11/27/24 - Form 4
- LAD's page on the SEC website