Lithia & Driveway Celebrates Grand Opening of Its Driveway Store in Portland Tonight

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The store establishes a physical presence for Driveway's traditional digital platform to further advance consumer optionality while modernizing the vehicle-ownership experience.

Metadata

Provider:

PR Newswire

Retrieved on:

Wednesday, November 2, 2022

Information

Tags:

LAD, NYSE, Solution, CEO, Lithia, Transport, Satellite navigation device

Geotags:

OREGON, NORTH AMERICA

⚠ partially generated by AI ↴

Organisation:

LITHIA MOTORS, LITHIA MOTORS, INC., LITHIA & DRIVEWAY (LAD)

Stock Symbol:

NYSE:LAD

Summary

Key Points:

The store establishes a physical presence for Driveway's traditional digital platform to further advance consumer optionality while modernizing the vehicle-ownership experience.
Driveway Chrysler Dodge Jeep Ram of Portland allows consumers to experience a new way to purchase a vehicle and have some fun in the process.
"Our Driveway Chrysler Dodge Jeep Ram store is the physical embodiment of our omni-channel solution," said Bryan DeBoer, President and CEO of Lithia & Driveway.
Driveway Chrysler Dodge Jeep Ram of Portland is located at 633 NE 12th Ave, Portland, OR 97232.

Lithia & Driveway Celebrates Grand Opening of Its Driveway Store in Portland Tonight

Oregon-based automotive group with 75+ years of consumer focus, opens their first one-price store model in Portland

MEDFORD, Ore., Nov. 2, 2022 /PRNewswire/ -- Lithia & Driveway's (NYSE: LAD) convenient and transparent way for consumers to shop, finance, and sell vehicles online announced the grand opening of Driveway's first physical store in Portland, Oregon. The store establishes a physical presence for Driveway's traditional digital platform to further advance consumer optionality while modernizing the vehicle-ownership experience.

Driveway Chrysler Dodge Jeep Ram of Portland allows consumers to experience a new way to purchase a vehicle and have some fun in the process. Through an innovative and newly remodeled showroom, consumers can comfortably browse for vehicles independently with knowledgeable experts close by. Driveway's consumer-centric strategy prioritizes the customer experience through a hassle-free, one-price model.

"Our Driveway Chrysler Dodge Jeep Ram store is the physical embodiment of our omni-channel solution," said Bryan DeBoer, President and CEO of Lithia & Driveway. "This new store model provides consumer optionality with a transparent and empowering experience—whether it's online, in person, or a combination of both."

Driveway Chrysler Dodge Jeep Ram of Portland is located at 633 NE 12th Ave, Portland, OR 97232.

About Lithia & Driveway (LAD):

LAD is a growth company focused on profitably consolidating the largest retail sector in North America through providing personal transportation solutions wherever, whenever, and however consumers desire.

Sites
www.lithia.com
www.drivewaycdjrportland.com
www.investors.lithiadriveway.com
www.lithiacareers.com
www.driveway.com
www.greencars.com
www.drivewayfinancecorp.com

Lithia & Driveway on Facebook
https://www.facebook.com/LithiaMotors
https://www.facebook.com/DrivewayHQ

Lithia & Driveway on Twitter
https://twitter.com/lithiamotors

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SOURCE Lithia Motors, Inc.