LITHIA & DRIVEWAY EXPANDS RETAIL NETWORK IN US SOUTHEAST REGION
Lithia Motors(LAD) Prnewswire·2024-06-11 19:00
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. Combined, these newly acquired stores are projected to generate over $240 million in annualized revenue. The dominant Sunrise stores in Tennessee mark LAD's debut in the Memphis market, ...