LITHIA & DRIVEWAY EXPANDS RETAIL NETWORK IN FLORIDA MARKET
LADLithia Motors(LAD) Prnewswire·2024-09-10 20:30

MEDFORD, Ore., Sept. 10, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today it has continued to expand its footprint in the highly profitable U.S. Southeast Region with the purchase of three stores from the Duval Motor Company in Jacksonville and Gainesville, Florida. Combined, these newly acquired Acura, Honda, and Subaru stores are projected to generate over $200 million in annualized revenue.These high-performing Duval stores mark LAD's debut in these markets. These additions will strengt ...