LAD - Lithia & Driveway adds Sisley Honda expands Canadian footprint
Lithia & Driveway (NYSE:LAD) and Pfaff Automotive Partners announced the first addition to their Canadian portfolio, Sisley Honda, based in Thornhill, Ontario utilizing its existing on-balance sheet capacity. Sisley Honda is one of the highest-volume Honda dealerships in Canada. The addition of Sisley Honda brings LAD's total expected annualized revenue acquired in 2022 to $1.2B+. The company is pacing to exceed its 2025 plan to reach $50B in revenue and more than $55 in EPS.
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Lithia & Driveway adds Sisley Honda, expands Canadian footprint