Lithia is aiming to grow revenue to $50 billion by 2025, in large part through acquisitions. The company, which generated $13.1 billion in revenue in 2020, said it is on track to add dealerships this year totaling

In its quest to blanket the U.S. with dealerships, Lithia Motors is not ruling out acquiring large private — or public — dealership groups. Lithia, the third-largest public dealership group in the U.S., is on track to

Lithia Motors Inc. reported record revenue and profits for the fourth quarter of 2020 as it also announced plans to more than double last year’s pace of dealership acquisitions. Lithia, the third-largest new-vehicle retailer in the U.S.,