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Stock impact report

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

Lithia Motors, Inc. (LAD) 
Last lithia motors, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: lithiainvestorrelations.com
Company Research Source: Business Wire
MEDFORD, Ore.--(BUSINESS WIRE)-- Lithia Motors, Inc. (NYSE: LAD) announced today the addition of Ford Lincoln of Morgantown, West Virginia. The store, previously named Freedom Ford, is Lithia’s first dealership in West Virginia which marks the 19th state in Lithia’s expanding network. The Morgantown auto dealership is the most recent example of Lithia’s proven success strategy of acquiring stores with the potential to yield high returns. In 2018, Lithia increased revenue 17.2%, and climbed 29 spots to #265 on the Fortune 500. “Ford Lincoln of Morgantown is similar to our other stores in exclusive markets. They are a terrific team passionate about taking care of their local customer,” said Bryan DeBoer, Lithia Motors, Inc. President and CEO. He added, “We’re excited to help them grow their customer base and increase profitability by leveraging our internal performance data-including the resources Show less Read more
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