LAD
NYSE · Consumer Cyclical · Auto - Dealerships · US
Lithia Motors, Inc. (NYSE:LAD) is one of the largest automotive retailers in the United States, founded in 1946 and headquartered in Medford, Oregon. The company went public in 1996 and has grown through strategic acquisitions to become a major player in the automotive dealership industry. Today, Lithia operates nearly 300 retail locations across the United States and has expanded internationally with operations in the United Kingdom following its acquisition of Pendragon in 2023. The company has evolved from a traditional dealership network into an omnichannel automotive ecosystem, integrating physical stores with digital platforms to serve customers throughout their vehicle ownership journey.