Lithia Motors (NYSE:LAD), doing business as Lithia & Driveway (NYSE:LAD), is an automotive retailer that operates a network of franchised dealerships and other vehicle-sales businesses. The company sells new and used vehicles from a broad range of automobile manufacturers, including domestic, import and luxury brands.
In addition to vehicle sales, Lithia & Driveway provides automotive financing and insurance products, maintenance and repair services, replacement parts, collision services and other related offerings. Its Driveway platform supports online vehicle shopping, financing, trade-ins and delivery, complementing the company’s physical dealership network.
The company traces its history to 1946, when it began as a single dealership in Oregon. It has expanded through acquisitions and organic growth into one of the largest automotive retailers in North America, serving customers throughout the United States and Canada. The company has also expanded its automotive retail operations into the United Kingdom.
Lithia & Driveway is headquartered in Medford, Oregon. Bryan DeBoer has served as the company’s president and chief executive officer, overseeing its retail, digital and expansion initiatives.
