Lithia (LAD) Expands Footprint in the US Southeast Region

Lithia Motors, Inc. (LAD) has expanded its presence in the U.S. Southeast Region by acquiring Sunrise Chevrolet Buick GMC at Collierville and Sunrise Buick GMC at Wolfchase in Memphis, TN, and Woodbridge Hyundai in the greater Toronto area. These new acquisitions are expected to generate more than $240 million in annualized revenues. Per Bryan DeBoer, president and CEO of Lithia, the company offers an exceptional retail experience, emphasizing ease, convenience and optionality throughout the vehicle ownersh ...