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LAD News and Press, Lithia Motors Inc. From 12/09/20

Stock Information

Company Name: Lithia Motors Inc.
Stock Symbol: LAD
Market: NYSE
Website: lithiainvestorrelations.com

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LAD - JPMorgan sees favorable setup for Carvana, Vroom and Lithia Motors

In a deep dive into the auto retail sector, JPMorgan says it expects digital retailers to benefit from a continued uptick in on-line penetration of used vehicles. The firm names Carvana (CVNA) and Lithia Motors (LAD) as core picks and calls Vroom (VRM) compelling. CarMax (KMX) is downgraded t...

LAD - Lithia Motors: A Great Company At A Fair Price

Lithia Motors has proven itself to be an interesting company in recent years, with a strong record for growth behind it. The company continues to generate attractive cash flows, even during the pandemic. A return to normal is more or less priced in and the company looks to be abou...

LAD - Lithia Motors: Share Market Mispricing - Take Profits Now

Lithia Motors has had a very good 2020 so far. Initial concerns the COVID-19 pandemic would be financially damaging have turned out to be unwarranted. In just the first nine months of 2020, Lithia Motors' earnings already have exceeded earnings for the 2019 full year. The shares o...

LAD - LAD Acquires $100 million in Revenue, Expanding Presence in North Central Region

Lithia Motors & Driveway (NYSE: LAD) today announced it has acquired Ramsey Subaru and Mazda, the highest-volume Subaru and Mazda dealers in Iowa. This purchase further increases Lithia’s footprint in the North Central Region of the United States. “We are delighted...

LAD - Tracking David Abrams' Abrams Capital Management Portfolio - Q3 2020 Update

David Abrams’ 13F portfolio value increased this quarter from $3.09B to $3.16B. The number of positions decreased from 20 to 19. Abrams Capital Management increased Energy Transfer LP during the quarter. The top three positions are Lithia Motors, Facebook, and TransDigm Gro...

LAD - Dividend Champion And Contender Highlights: Week Of November 22

A weekly summary of dividend activity for Dividend Champions and Contenders. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Champion And Contender Highlights: We...

LAD - LAD Acquires $210 million in Luxury Revenue in the Strategically Important Washington DC Area

Lithia & Driveway (NYSE: LAD), today announced it has acquired Sterling Luxury Group (Sterling Motorcars) in Loudoun County Virginia, one of the most affluent counties in the United States. The transaction includes BMW and Mini of Sterling, as well as Rolls-Royce Motor Cars, Lamborg...

LAD - Lithia Motors bags nine dealership, marking highest volume auto dealerships in the US

Lithia Motors ([[LAD]] +0.9%) acquires nine Keyes Automotive Group dealerships in one of the industry’s largest transactions.The sale encompassed some of the highest volume auto dealerships in the US.The transaction includes Keyes Toyota, Keyes European (Mercedes-Benz and Sprinter...

LAD - Lithia Motors Announces the Addition of $1.4 billion in Revenues from the Keyes Automotive Group in Southwest Region

Lithia Motors & Driveway (NYSE: LAD) today announced it has acquired $1.4 billion in revenue (9 locations) from the Keyes Automotive Group, consisting of some of the most coveted brands, Mercedes, Audi, Lexus, Toyota & Hyundai. The move rounds out the Company’s presence i...

LAD - Lithia Motors CFO Recognized as a Leading Woman in the Auto Industry

Tina Miller, Senior Vice President, Chief Financial Officer of Lithia Motors, Inc. (NYSE: LAD) has been named to the 2020 list of Leading Women in the North American Auto Industry by Automotive News. Every five years, Automotive News compiles the list of 100 Leading Women in the...

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