I'm Hitting The Brakes On Lithia Motors

April 26, 2015 1:55 PM

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Lithia Motors (NYSE:LAD) is a national car dealership franchise, offering new and used cars for sale as well as correlated parts and repair services. The company operates primarily in rural areas in the western US; the three biggest states by revenue are Texas (20.7%), Oregon (20.2%), and California (15.8%). Offering 30 brands of cars, the company has 130 dealerships in 14 states; LAD also operates online at Lithia.com and DCHauto.com. From one Chrysler dealership in 1946, the company has grown into the 8th largest dealership group in the United States, and is based in Medford, Oregon, USA.

LAD's many competitors include AutoNation (NYSE:AN), Penske Automotive (NYSE:PAG), and Group 1 Automotive (NYSE:GPI), as well as myriad smaller or private chains.

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