As of 3:52pm ET
| +2.97 / +3.28%|
Lithia Motors, Inc. engages in the operation of automotive franchises and retail of new and used vehicles and its related services. It operates through the following segments: Domestic, Import, Luxury, and Corporate and Others. The Domestic segment comprises of retail automotive franchises that sell new vehicles manufactured by Chrysler, General Motors, and Ford. The Import segment composes of automotive franchises that sell new vehicles manufactured primarily by Honda, Toyota, Subaru, Nissan, and Volkswagen. The Luxury segment includes retail automotive franchises that sell new vehicles manufactured primarily by BMW, Mercedes-Benz, and Lexus. The Corporate and Others segment consists of the company's stand-alone collision center; unallocated corporate overhead expenses, such as corporate personnel costs, certain interest expense and depreciation expense, and retrospective commissions for certain finance and insurance transactions that the firm arrange under agreements with third parties. The company was founded by Walt DeBoer in 1946 and is headquartered in Medford, OR.
|Bryan B. DeBoer||President, Chief Executive Officer & Director|
|Scott A. Hillier||Senior Vice President-Operations|
|Christopher S. Holzshu||Chief Financial Officer, Secretary & Senior VP|
|Mark Smith||Chief Information Officer & Vice President-IT|
|R. Bradford Gray||Executive Vice President|