Lithia & Driveway (LAD) Debuts on Fortune's Global 500 List and Expands Retail Network in Southeast Region

Core Insights - Lithia & Driveway has achieved position 124 on the Fortune 500 list and 434 on the Fortune Global 500 list, marking its first appearance on the latter [1][2] - The company continues to expand its dealership network across North America and the UK while innovating in digital retail and customer experiences [2][3] Company Growth and Strategy - The company reported a total year-to-date expected annualized revenue from acquisitions of $620 million, financed through existing on-balance sheet capacity [4] - Recent acquisitions include Palm Beach Acura, West Palm Beach Hyundai, and West Palm Beach Genesis, aimed at increasing brand mix and density in the Southeast region [3][4] - The focus remains on strategic growth, capital deployment, and maximizing shareholder return [4] Leadership and Vision - Bryan DeBoer, President and CEO, emphasized the importance of innovation, a people-first culture, and delivering exceptional customer experiences as key drivers of growth [3][4] - The company aims to modernize personal transportation solutions through a diversified and competitively differentiated approach [5]