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 | |
 Lithia's headquarters in Medford, Oregon | |
| Company type | Public |
|---|---|
| Industry | Automotive dealerships |
| Founded | 1946 in Ashland, Oregon, U.S. |
| Founder |
|
| Headquarters | Medford, Oregon, U.S. |
Key people | |
| Revenue |  US$22.9 billion (2021) |
| US$1.7 billion (2021) | |
| US$1.1 billion (2021) | |
| Total assets | US$11.2 billion (2021) |
| Total equity | US$4.6 billion (2021) |
Number of employees | 21,150 (2022) |
| Divisions | Driveway |
| Subsidiaries | |
| Website | lithiamotors |
| Footnotes / references [4][5][6] | |
Lithia Motors, Inc. is an American nationwide automotive dealership group headquartered in Medford, Oregon.[7] It is the third largest new vehicle automotive dealership group in the United States, below AutoNation and Penske Automotive Group.[8] As of May, 2024, Lithia operates 298 stores in the United States, 14 stores in Canada and 170 in the United Kingdom.[9] Lithia Motors employs approximately 21,150 people.[10]
In 2015, Lithia Motors broke into the Fortune 500 list at #482,[11] making it one of only three Oregon-based companies in the Fortune 500.[12] This followed a year that saw the acquisition of the DCH Auto Group, one of the 10 largest dealer groups in the country, with 27 dealerships, before being purchased by Lithia Motors.[13] In 2016, Lithia climbed to #346 and that same year made the Fortune 500 List of Top Ten Companies with the biggest jump in rank on the Fortune 500.[14] As of 2018, Lithia is ranked #294 on the Fortune 500.[15] As of 2022 Lithia is ranked #158 on the Fortune 500.
- ^ "Lithia purchases LA auto group". 8 August 2017.
- ^ "Day Automotive Group Joins Lithia". 27 February 2018.
- ^ "Lithia buys New Jersey stores from Prestige". March 2018.
- ^ "Lithia Motors, Inc. Financials". Nasdaq. Retrieved 2022-04-13.
- ^ "Lithia Motors Total Assets 2006–2021 | LAD".
- ^ "Lithia Motors, Inc". Google Finance. Retrieved February 23, 2016.
- ^ "Home". lithiamotors.com.
- ^ "Top 150 Dealership Groups" (PDF). Automotive News. December 27, 2021.
- ^ "Lithia Auto Stores". Retrieved 18 May 2024.
- ^ "FAQ - Lithia & Driveway". Retrieved 22 May 2022.
- ^ 2022 Fortune 500
- ^ Rogoway, Mike (January 30, 2016) [first published online January 29]. "Precision Castparts' $37B sale finalized". The Oregonian. p. C8. Retrieved 2016-02-02.
- ^ DCH Auto Group Acquisition
- ^ Fortune 500
- ^ "Lithia Motors". Fortune. Retrieved 2018-11-29.