Lithia Motors, Inc. Class A Stock News

Lithia Motors, Inc. (NYSE:LAD ) Q4 2024 Earnings Conference Call February 12, 2025 10:00 AM ET Company Participants Jardon Jaramillo - Senior Director, IR Bryan DeBoer - CEO, President & Director Adam Chamberlain - EVP & COO Tina Miller - SVP & CFO Conference Call Participants Ryan Sigdahl - Craig-Hallum Bret Jordan - Jefferies Rajat Gupta - JPMorgan Chris Bottiglieri - BNP Paribas Jeff Lick - ...

Announces Dividend of $0.53 per Share for Fourth Quarter MEDFORD, Ore. , Feb. 12, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest fourth quarter revenue in company history and the first profitable year for Financing Operations, which includes Driveway Finance Corporation.

MEDFORD, Ore. , Jan. 28, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today the acquisition of Stohlman Subaru in Sterling, Virginia growing its presence in the strong performing Mid-Atlantic Region.

MEDFORD, Ore. , Jan. 16, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its fourth quarter 2024 earnings will be released before the market opens on Wednesday, February 12, 2025.

Lithia Motors has seen a 37.2% stock increase since May 2024, outperforming the S&P 500's 13.4% gain. Despite recent appreciation, Lithia Motors remains attractively priced, though not as cheap as before; downgraded from 'strong buy' to 'buy'. Revenue growth driven by acquisitions, with new vehicle sales up 14% and used vehicle sales up 8.5%, despite some price declines.

Performance Brokerage Services, the leader in dealership buy-sell activity, announces the sale of North Branch Chevrolet in Minnesota from Lithia & Driveway (LAD) to Tyler Kadlec of Tom Kadlec Automotive. IRVINE, Calif.

Cox Automotive reports there's a "renewed optimism" among U.S. car dealers heading into 2025, fueled by Donald Trump's election as well as positive trends in interest rates. But dealers aren't feeling more optimistic about the sale of EVs, according to Cox's "Q4 2024 Dealer Sentiment Index," which was conducted after the U.S. presidential election in November.

Performance Brokerage Services, the leader in dealership buy-sell activity, announces the sale of Carson Nissan in California from Lithia & Driveway (LAD) to David Massoudi of Mass Auto Group. IRVINE, Calif.