Lithia Motors, Inc.

Lithia Motors, Inc. is a Fortune 500 automotive retailer that operates in the United States, Canada and Brazil. Founded in 1946 and headquartered in Medford, Oregon, Lithia dealerships offer new and used vehicles, vehicle financing services, warranties, insurance contracts and vehicle and theft protection services. As of February 18, 2021, the company operated through 278 stores in the United States, 44 stores in Canada and 13 stores in Brazil.

In addition to its brick and mortar stores, Lithia Motors Inc. also offers its automotive products, services and vehicle body and parts online through over 300 websites. The company’s major brands include Driveway, DCH, Lithia Auto Stores and GreenCars. As of 2021, Lithia Motors is the 7th largest automotive retailer in the US and Canada.

The company is also expanding its automotive-related services, including parts distribution, vehicle maintenance, and vehicle services such as oil changes, tires, brakes and alignment. In 2021, Lithia Motors acquired the assets of Performance Plus Tire, a leading independent tire retailer with over 60 locations in California, Arizona and Nevada.

Lithia Motors Inc. is committed to best-in-class customer service and support. The company offers a variety of incentives and programs to ensure the highest customer satisfaction, such as the True Blue Rewards program, the Customer Referral Program and the Lithia Motors Dealer Guarantee.

In addition to being a publicly traded company and listed on the NASDAQ stock exchange, Lithia Motors Inc. is a part of the S&P 500, Russell 1000, and Russell 2000 indices. In 2021, Lithia Motors Inc. had a market capitalization of over 8.5 billion dollars. The company has consistently recorded positive year-over-year revenue growth for the past 10 years, with total revenues of more than 15 billion dollars in 2021.