Lithia & Driveway Diversifies Portfolio with Two Strategic Acquisitions

MEDFORD, Ore., March 03, 2026 (GLOBE NEWSWIRE) -- Lithia & Driveway (NYSE: LAD) today announced the acquisition of Toyota of Gallatin in Gallatin, Tenn. and Mercedes-Benz of Medford in Medford, Ore., strengthening its portfolio across both luxury and core volume brands while expanding its presence in its hometown. "We are proud to welcome Toyota of Gallatin and Mercedes-Benz of Medford to the Lithia & Driveway family," said Bryan DeBoer, President and CEO. "Toyota of Gallatin marks our entry in the fast-gro ...