LAD News and Press, Lithia Motors Inc. From 01/13/23

Wells Fargo cut its rating on Lithia Motors ( NYSE: LAD ) to Equal Weight from Overweight on its view that the risk-reward profile on the auto supplier stock is now balanced. Analyst Colin Langan and team anticipate Lithia's gross margin rates will begin to fall from current record hi...

Summary Asbury Automotive Group continues to generate strong sales, earnings, and cash flow growth. This is impressive, but it's only due to acquisitions and favorable pricing. Even with that being the case, the company still is cheap and should make for an appealing long-term play....

Summary In this article, we start by discussing the increasingly depressing outlook for used and new car dealerships. Imploding affordability driven by high prices and high rates is causing sales to plummet and financing companies to become desperate. Lithia is suffering, too. Howev...

Lithia & Driveway ( NYSE: LAD ) announced on Tuesday it has purchased its first location in Kentucky to expand its retail footprint and presence in what it says is one of the strongest retail regions in the country. "With the addition of Glenn's Freedom CDJR, we continue ...

Lithia & Driveway's (LAD) Purchase of One of the Largest Stellantis Stores in Kentucky, Marks Entry into State Lithia & Driveway's (LAD) Purchase of One of the Largest Stellantis Stores in Kentucky, Marks Entry into State PR Newswire MEDFORD, Ore. , Dec. ...

Summary Lithia Motors continues to grow at a rapid pace, thanks to high prices and accretive acquisitions. The future for the company looks bright even though it has shown some signs of weakness. Add in how cheap shares are, and the company makes for an appealing prospect to conside...

Lithia & Driveway (LAD) Acquires First Ferrari Store, Representing the Rocky Mountain Region Lithia & Driveway (LAD) Acquires First Ferrari Store, Representing the Rocky Mountain Region PR Newswire MEDFORD, Ore. , Dec. 6, 2022 /PRNewswire/ -- Lithia &...

Lithia & Driveway (LAD) Expands in Texas, Adding over $200 Million in Annualized Revenue Lithia & Driveway (LAD) Expands in Texas, Adding over $200 Million in Annualized Revenue PR Newswire MEDFORD, Ore. , Nov. 29, 2022 /PRNewswire/ -- Li...

LITHIA & DRIVEWAY NAMES NEW REGIONAL PRESIDENT LITHIA & DRIVEWAY NAMES NEW REGIONAL PRESIDENT PR Newswire MEDFORD, Ore. , Nov. 22, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD), America's largest automotive new car retailer, has ...

Summary Group 1 Automotive continues to deliver, with sales, profits, and cash flows rising nicely year over year. The future is uncertain, but management continues to add value through acquisitions and share buybacks. Add on how cheap shares are, and I cannot help but be very...