Lithia

Lithia Motors Elevates George Hines, Chief Innovation & Technology Officer

Retrieved on: 
Wednesday, July 10, 2019

Lithia Motors, Inc. (NYSE: LAD), one of the nations largest providers of personal transportation solutions, announced today that George Hines has been promoted to Senior Vice-President, Chief Innovation and Technology Officer.

Key Points: 
  • Lithia Motors, Inc. (NYSE: LAD), one of the nations largest providers of personal transportation solutions, announced today that George Hines has been promoted to Senior Vice-President, Chief Innovation and Technology Officer.
  • Mr. Hines proactive leadership to activate the Lithia store network with digital solutions to reach 80% of consumers nationwide has been tremendous.
  • Our internal investments and strategic partnerships are expanding our suite of convenient and affordable offerings for our customers, said Bryan DeBoer, President and CEO of Lithia Motors.
  • Lithia Motors, Inc. is one of the largest providers of personal transportation solutions in the United States and is among the fastest-growing companies in the Fortune 500 (#265-2019).

Lithia Schedules Release of Second Quarter 2019 Results

Retrieved on: 
Tuesday, July 9, 2019

Lithia Motors, Inc. (NYSE: LAD) announced its second quarter 2019 earnings will be released before the market opens on Wednesday, July 24, 2019.

Key Points: 
  • Lithia Motors, Inc. (NYSE: LAD) announced its second quarter 2019 earnings will be released before the market opens on Wednesday, July 24, 2019.
  • A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
  • Lithia Motors, Inc. is one of the largest providers of personal transportation solutions in the United States and is among the fastest-growing companies in the Fortune 500 (#265-2019).
  • By purchasing and building strong businesses that have yet to realize their potential, Lithia generates significant cash flows while maintaining low leverage.

Lithia Motors Welcomes Jaguar Land Rover Mission Viejo, CA

Retrieved on: 
Tuesday, July 2, 2019

Lithia Motors, Inc. (NYSE: LAD) announced today the addition of Jaguar and Land Rover in Mission Viejo, California.

Key Points: 
  • Lithia Motors, Inc. (NYSE: LAD) announced today the addition of Jaguar and Land Rover in Mission Viejo, California.
  • The team joins Lithia's nationwide family and represents the first Jaguar Land Rover location in the growing network.
  • "We're excited to welcome the existing Jaguar Land Rover team and we thank the Pendragon organization for choosing Lithia to follow in their footsteps.
  • He added, "These are our first Jaguar and Land Rover franchises and we look forward to becoming a top performer with our new partner.

Lithia Motors Welcomes Ford Lincoln of Morgantown, West Virginia to the Lithia Network

Retrieved on: 
Wednesday, June 5, 2019

Lithia Motors, Inc. (NYSE: LAD) announced today the addition of Ford Lincoln of Morgantown, West Virginia.

Key Points: 
  • Lithia Motors, Inc. (NYSE: LAD) announced today the addition of Ford Lincoln of Morgantown, West Virginia.
  • The store, previously named Freedom Ford, is Lithias first dealership in West Virginia which marks the 19th state in Lithias expanding network.
  • In 2018, Lithia increased revenue 17.2%, and climbed 29 spots to #265 on the Fortune 500.
  • They are a terrific team passionate about taking care of their local customer, said Bryan DeBoer, Lithia Motors, Inc. President and CEO.

Lithia Motors Welcomes Hamilton Honda, New Jersey to the Lithia Network

Retrieved on: 
Tuesday, May 14, 2019

Lithia Motors, Inc. (NYSE: LAD) announced today the addition of Hamilton Honda in Hamilton Township, New Jersey.

Key Points: 
  • Lithia Motors, Inc. (NYSE: LAD) announced today the addition of Hamilton Honda in Hamilton Township, New Jersey.
  • The team joins Lithias nationwide family of stores and expands the reach of Lithias network in New Jersey and toward Eastern Pennsylvania.
  • Hamilton Honda is the most recent example of Lithias proven success strategy of acquiring strong stores that are underperforming relative to their potential.
  • They built strong market share with a very customer focused strategy, said Bryan DeBoer, Lithia Motors, Inc. President and CEO.

Lithia Motors Adds Shauna McIntyre, of Google Automotive Services, to Board of Directors

Retrieved on: 
Monday, May 6, 2019

Lithia Motors, Inc. (NYSE:LAD), one of the nations largest providers of personal transportation solutions, announced today that Shauna McIntyre joined their Board of Directors.

Key Points: 
  • Lithia Motors, Inc. (NYSE:LAD), one of the nations largest providers of personal transportation solutions, announced today that Shauna McIntyre joined their Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20190506005283/en/
    Ms. McIntyre currently works at Alphabet, Inc. as the Program Lead for Google Automotive Services.
  • She brings a wealth of knowledge regarding the future of automotive technology and personal transportation.
  • Our mission, Growth Powered by People drives us to grow and serve our customers wherever, whenever, and however they choose.

Lithia Schedules Release of First Quarter 2019 Results

Retrieved on: 
Tuesday, April 9, 2019

Lithia Motors, Inc. (NYSE: LAD) announced its first quarter earnings will be released before the market opens on Wednesday, April 24, 2019.

Key Points: 
  • Lithia Motors, Inc. (NYSE: LAD) announced its first quarter earnings will be released before the market opens on Wednesday, April 24, 2019.
  • A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
  • Lithia Motors, Inc. is one of the largest providers of personal transportation solutions in the United States and is among the fastest-growing companies in the Fortune 500 (#294-2018).
  • Our mission, Growth Powered by People drives us to grow and serve our customers wherever, whenever, and however they choose.

Shift and Lithia Motors Partnering On Data

Retrieved on: 
Wednesday, March 27, 2019

The data-sharing process will consist of pooling Lithia's transactional data and Shift's data analytics to better anticipate market demand, set pricing and manage inventory.

Key Points: 
  • The data-sharing process will consist of pooling Lithia's transactional data and Shift's data analytics to better anticipate market demand, set pricing and manage inventory.
  • Lithia Motors is one of the largest automotive retailers in the U.S., buying, selling, and servicing vehicles digitally and through their 182 dealership locations.
  • "This creates unique abilities for Shift and Lithia to provide customers with a great experience using the power of machine learning."
  • "We are pleased that our partnership with Shift continues to strengthen," said Bryan DeBoer, President and CEO of Lithia Motors.

Lithia Motors and Shift Announce National Data Partnership

Retrieved on: 
Wednesday, March 27, 2019

Lithia Motors, Inc. (NYSE: LAD) and Shift, a San Francisco-based e-commerce retailer, announced today the beginning of their national data sharing partnership.

Key Points: 
  • Lithia Motors, Inc. (NYSE: LAD) and Shift, a San Francisco-based e-commerce retailer, announced today the beginning of their national data sharing partnership.
  • The larger data set and combined analytical capabilities will help both companies improve their business decisioning as they expand their collaboration.
  • Harnessing big data is the third milestone weve achieved together and further leverages the strengths of each organization, said Bryan DeBoer, Lithia President and CEO.
  • This agreement, the previously established flooring facility, and the storage and reconditioning space for Shift within Lithias nationwide network paves the way for both Shift and Lithia to grow.

Lithia Motors, Inc. Names First Chief Legal Officer

Retrieved on: 
Thursday, January 17, 2019

Lithia Motors (NYSE:LAD) has announced David Stork will join the company as its first Chief Legal Officer.

Key Points: 
  • Lithia Motors (NYSE:LAD) has announced David Stork will join the company as its first Chief Legal Officer.
  • David has worked most of his career at JELD-WEN, Inc., most recently serving as General Counsel.
  • Davids unique understanding and proactive approach to the legal discipline as a business partner, is a perfect fit with our team and culture, said Bryan DeBoer, President and CEO of Lithia Motors.
  • Our mission, Growth Powered by People drives us to grow and serve our customers wherever, whenever, and however they choose.