Lithia Motors, a major American automotive retail group, is an introduction and official website domain name.

Lithia Motors, a major American automotive retail group, was founded in 1968 by Walter DeBoer and Sydney B. DeBoer and is headquartered in Medford, Oregon. The company operates through three market segments: domestic, import, and luxury vehicles, encompassing new and used car sales, financing, insurance, and after-sales service. It owns the Driveway and GreenCars e-commerce platforms and operates 459 stores in North America and the UK (including 146 new stores in 2024). By 2024, it will have 13,643 employees and annual sales of 369,900 new vehicles and 411,900 used vehicles.

Lithia Motors' ranking on the Fortune 500 will rise from 158th in 2022 to 145th in 2023. In 2025, with annual revenue of US$36,610.6 million, it will enter the Fortune Global 500 for the first time, ranking 434th. In 2024, the company aims to achieve total revenue of $36.188 billion and net profit of $821 million, achieving an after-tax return of 15%-25% through acquisitions and expansion. The company aims to reach a new high of $377.50 in 2025, implementing a share repurchase and cost control strategy. The company's strategic focus has shifted to building a digital ecosystem and promoting a full lifecycle service network, while adjusting its revenue target to generate $2 per share in earnings per $1 billion in revenue.

Lithia Motors, Inc. is a national automotive dealership group headquartered in Medford, Oregon. It is the third-largest new car dealership group in the United States, behind AutoNation and Penske Automotive Group. As of May 2024, Lithia operates 298 stores in the United States, 14 stores in Canada, and 170 stores in the United Kingdom. Lithia Motors has approximately 21,150 employees.

Lithia Motors began in 1946 when Walt DeBoer opened a car dealership in Ashland, Oregon. In its first year, the company, with just five employees, sold 14 vehicles. In 1968, Walt's son, Sidney DeBoer, took over the business and founded Lithia Motors Inc. Sidney reorganized the company and acquired a Dodge dealership in Medford in 1970. Lithia's operations moved to Medford, and by 1990, the company had five stores and 19 franchised locations.

Company Name: Lithia Motors.

Official Domain: investors.lithiadriveway.com.

Domain Created: July 22, 2020.

Country: United States.

Headquarters: Medford.

Founded: 1968.

Founders: Walter DeBoer and Sydney B. DeBoer.