LAD News and Press, Lithia Motors Inc. From 06/17/21

Shift is one of the most compelling ways to play the transformational change in consumer buying and selling patterns in the used car market. In the United States alone, the used car industry is estimated to be worth $840B per year. However, this market is still highly fragmented and e...

Lithia Motors & Driveway (LAD) reported record May revenues of $2.1B and the acquisition of five locations across Texas. Total revenues increased 89% to $2.1B vs. May 2019 and total same stores sales increase 26%.Total revenues grew 104% Y/Y and total same store sales increased 42% for th...

Lithia Motors & Driveway (LAD) Eclipses $2 Billion in May Sales and Adds $350 Million in Revenue in Texas Lithia Motors & Driveway (LAD) Eclipses $2 Billion in May Sales and Adds $350 Million in Revenue in Texas PR Newswire MEDFORD, Ore. , June 15, 2021...

Lithia Motors is one of the fastest-growing consumer stocks in the United States. The company uses an efficient business model to aggressively expand its footprint through acquisitions. Right now, we are seeing some weakness in consumer stocks, which could lead to better buying op...

Center BMW Becomes BMW of Sherman Oaks L.A.'s Favorite BMW Dealership Has a New Name PR Newswire MEDFORD, Ore. , June 9, 2021 /PRNewswire/ -- Lithia Motors & Driveway (NYSE: LAD) today announced that Center BMW, located at 5201 Van Nuys Boulevard in She...

Lithia Motors & Driveway (LAD) Adds $185 Million of Revenue Lithia Motors & Driveway (LAD) Adds $185 Million of Revenue PR Newswire MEDFORD, Ore. , June 8, 2021 /PRNewswire/ -- Lithia Motors & Driveway (NYSE: LAD) announced today the acquisition o...

AMC Entertainment (AMC) will remain the top-weighted stock in the Russell 2000 (RTY) (IWM) when the index rebalances on June 25.AMC is seeing a very modest move by its standards, down 0.8% premarket."The one confusing part of the Russell rebalancing is that FTSE Russell determi...

David Abrams’ 13F portfolio value increased ~25% this quarter from $3.55B to $4.44B. The number of positions decreased from 17 to 16. Abrams Capital Management added Change Healthcare while dropping TransMedics Group during the quarter. The top three positions are Lithia Mo...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips With gold prices soaring over the past several weeks, many investors naturally fear inflation is about to ripple through the economy. Adding to those concerns, consumers have witnessed price increases at gas stations and gr...

Lithia Motors & Driveway (LAD) has acquired three Hyundai dealerships in the highly attractive Las Vegas metropolitan area with expected annualized revenues of approximately $225M. This purchase brings LAD's total annualized revenues acquired to over $6.9B since the launch of its five-yea...