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Lithia & Driveway (LAD) Rises to Number 124 on 2025 Fortune 500
LADLithia Motors(LAD) Prnewswire·2025-06-03 09:30

Core Insights - Lithia & Driveway has risen to 124 on the 2025 Fortune 500 list, improving 16 positions from 140 in 2024, and maintains its status as the largest automotive retailer globally for the second consecutive year [1][2][3] Company Performance - Lithia & Driveway first appeared on the Fortune 500 list in 2015 at 482 with a revenue of 7.9billion,andhasshownconsistentgrowth,achieving7.9 billion, and has shown consistent growth, achieving 36.2 billion in revenue in 2024 [2][3] - The company's growth is attributed to a combination of organic growth, strategic acquisitions, digital innovation, and an expanding network of dealerships [3] Business Strategy - The advancement in ranking and leadership in automotive retail highlights the effectiveness of the company's long-term growth strategy and disciplined business model execution [3] - Lithia & Driveway aims to drive operational excellence, accelerate growth, and enhance customer experiences through a comprehensive network of physical locations and e-commerce platforms [4]