Readers ask: What Is Lithia Motors?

What are Lithia Motors?

Lithia Motors, Inc. is one of the largest automotive group retailers in the United States and is among the fastest growing companies in the Fortune 500 with 260 stores in 24 states. We offer 38 brands of new vehicles and all brands of used cars in our stores and online at hundreds of websites.

Is Lithia a good company?

Lithia, overall, is a good company to work for. This location has poor management. With different management this would be a great place to work. While it is a large dealership you have a lot of good people there to help you succeed.

Where is Lithia Motors from?

Lithia Motors is a great place to work if your dedicated and want to earn a decent living. Very goal oriented and being a self starter is must. Overall the company has a great management team and plenty of room for growth.

How does Lithia Motors make money?

Additional revenues come from auto repair at the dealerships, financing, and insurance sales. In 2013 Lithia was named No. 9 on Automotive News’ list of the 125 largest U.S. dealership groups, with retail new-vehicle sales of 56,960 units in 2012. In used-vehicle sales it also ranks No.

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Who are Lithia Motors competitors?

Lithia Motors competitors include CarMax, Penske Automotive Group, AutoNation, Asbury Automotive Group and Staples.

How much did Lithia buy Suburban for?

That would make the value of the deal about $500 million. He said the company’s net investment includes retail operations, goodwill, some inventory and real estate. The deal also included eight used-only stores and three collision centers.

Who is the owner of Lithia?

Bryan DeBoer – CEO and President – Lithia Motors | LinkedIn.

Is Lithia Motors a buy?

Lithia Motors has received a consensus rating of Hold. The company’s average rating score is 2.38, and is based on 4 buy ratings, 3 hold ratings, and 1 sell rating.

What does Lithia stand for?

: a mineral water characterized by the presence of lithium salts (as lithium carbonate or lithium chloride)

Who is the CEO of Lithia Motors?

Bryan B Deboer (May 2012–)

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