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Who is the owner of Lithia?

Who owns Pfaff Automotive?

Lithia Motors Inc., in another transaction supporting its aggressive expansion plan, said Tuesday it acquired Canadian dealership group Pfaff Automotive Partners. The announcement confirms the imminent deal first reported by Automotive News in July.Aug 31, 2021

How many cars does Lithia sell a year?

It owns and operates more than 300 locations in the U.S. Its vehicle sales through the first half of the year were up 32% to 298,894, including 146,525 new vehicles. That compares with Lithia's 260 locations. Its sales through the first half of the year were up 65% to 258,321, including 129,040 new vehicles.Aug 5, 2021

Who owns DCH Auto?

NEW YORK (Reuters) - Lithia Motors Inc said on Sunday it has agreed to buy DCH Auto Group Inc for $362.5 million, giving the automotive retailer a presence in the eastern United States for the first time.Jun 15, 2014

How much did Lithia Motors pay for the Suburban Collection?

But Lithia CEO Bryan DeBoer, in an interview, said the price Lithia has paid for recent acquisitions has been equal to 15 to 25 percent of a dealership group's annual revenue, and that the Suburban deal fell in the middle of that range. That would make the value of the deal about $500 million.Apr 13, 2021

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Who bought Suburban Ford?

Lithia Motors buys Troy-based Suburban Collection dealerships. Lithia Motors Inc. on Tuesday said it has acquired the Troy-based Suburban Collection dealerships, connecting its 56 franchises to one of the largest auto retail networks in the country.Apr 13, 2021

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Is Lithia Motors a good company to work for?

Great place to work

Supportive management, great culture and great benefits. They are high performing company and they value hard working people. I recommend working for Lithia motors.

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Who is the owner of Lithia?

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

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How many dealerships does Lithia own?

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 266 stores in 24 states.

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How much did Lithia buy Suburban for?

But Lithia CEO Bryan DeBoer, in an interview, said the price Lithia has paid for recent acquisitions has been equal to 15 to 25 percent of a dealership group's annual revenue, and that the Suburban deal fell in the middle of that range. That would make the value of the deal about $500 million.Apr 13, 2021

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What does Lithia stand for?

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

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What is Lithia Motors known for?

Lithia Motors, Inc. is an American nationwide automotive retailer headquartered in Medford, Oregon. It is the third largest automotive retailer in the United States. In 2015, Lithia Motors broke into the Fortune 500 list at #482, making it one of only three Oregon-based companies in the Fortune 500.

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Is Lithia Motors a buy?

Lithia Motors has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 1 hold rating, and 1 sell rating.

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Who is buying the Suburban Collection?

"The Suburban Collection is a leader in the Midwest automotive retailing sector and a respected fixture in its local communities for more than 70 years," Lithia president and chief executive officer Bryan DeBoer said in a news release. "David Fischer, Jr. and his father, David T.Apr 13, 2021

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Who owns Suburban Motors?

Lithia Motors buys Troy-based Suburban Collection dealerships. Lithia Motors Inc. on Tuesday said it has acquired the Troy-based Suburban Collection dealerships, connecting its 56 franchises to one of the largest auto retail networks in the country.Apr 13, 2021

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Did suburban group sell?

Lithia Motors & Driveway today announced it has acquired The Suburban Collection in Troy. The acquisition is Lithia's first major platform in its North Central region and is expected to add $2.4 billion in annualized revenue.Apr 13, 2021

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