16 Facts About Lithia Motors

1.

Lithia Motors, Inc is an American nationwide automotive dealership group headquartered in Medford, Oregon.

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2.

Lithia Motors began in 1946 when Walt DeBoer opened a single car dealership in Ashland, Oregon.

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3.

In early 2007, Lithia Motors developed plans to build a 60-acre auto mall north of downtown Medford and to build a new corporate headquarters in downtown Medford.

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4.

In late 2014, Lithia Motors moved their Honda, Nissan, BMW, and Volkswagen stores to the auto mall.

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5.

In 2010, it was reported that with the backing of two lenders, "the Commons, " a mixed-use building with Lithia Motors Headquarters as the largest tenant, was a "go" and could proceed with construction.

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6.

Lithia Motors employees moved into their new headquarters in late 2012.

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7.

In September 2016, Lithia Motors announced that they were acquiring Greiner Ford-Lincoln in Casper, WY.

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8.

In September 2016, Lithia Motors partnered with Carbone Auto Group in New York and Vermont, bringing the Lithia Motors store count to 152.

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9.

In May 2017, Lithia Motors announced that they had acquired Baierl Auto Group in Pittsburgh, increasing their total store count to 160 and collision center count to 22.

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10.

In February 2018, Lithia Motors' store count grew to 179 after their acquisition of Day Automotive Group out of Monroeville, Pennsylvania.

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11.

In March 2018, Lithia Motors acquired Prestige Auto Stores in Bergen County, New Jersey bringing the Lithia store count to 185.

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12.

In February 2021, a source reported Lithia Motors was in talks to acquire the Suburban Collection dealer chain in Michigan.

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13.

Lithia Motors pledged to increase annual revenue through acquisitions by about $20 billion over a five-year period in 2020.

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14.

Since 1946, Lithia Motors has been dedicated to making the communities they serve better places to live, work and play.

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15.

In 2015, Lithia Motors hosted its first Women in Leadership Conference as a way to help empower female staff members and further their professional skills in a field that has been predominantly male.

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16.

Lithia Motors flew in female managers from across the country with the goal to pursue higher advancement within the company and to inspire more females to seek careers in the industry.

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