Lithia plans to buy more dealerships Nov 3, 2009
Tuesday, November 03, 2009. Lithia announced this week it had obtained a franchise from Korean automaker Kia for Anchorage, Alaska. (Coos Bay-North Bend The World, OR)
Lithia Motors earns $5.7 million Nov 1, 2009
Lithia Motors earns $5 ... Lithia Motors earns $5. (The Business Journal of Portland, OR)
Lithia Raised $46M in Offering of 4.6M Shares Oct 16, 2009
Lithia Motors raised $46 million in public offering of 4 ... Car dealership owner Lithia Motors Inc. said Thursday it raised $46 million from its previously announced offering of 4. (ABC News -- Wire)
Where Have All the Value Stocks Gone? Oct 9, 2009
Buckingham, for example, bought shares of car dealership firm Lithia Motors (). Though the auto industry has struggled, Lithia shares now trade at five times their price in April. (BusinessWeek)
Saturn's Sad Story Nears an End Oct 1, 2009
"GM is very lucky because Saturn would have become a competitor," says Maryann N. Keller, an independent auto analyst who is on the board of retail chain Lithia Motors (). "It made no sense to make it available as a brand and a distribution system.". (BusinessWeek)
Dealers cash in on clunkers Aug 9, 2009
Robert Sacks, director of community relations for Lithia Motors, Inc., did not have specific numbers for the local dealership. But he said customers have been pouring in and grabbing cars left and right across the country. (Wasilla Frontiersman, AK)
Auto Sales: 'Clunkers' to the Rescue Aug 4, 2009
"The clunkers program just got people thinking about buying a car," says Maryann N. Keller, an independent analyst who is on the board of directors for dealer chain Lithia Motors (). "It brought people into showrooms and cleared out some inventory.". (BusinessWeek)
Cash for clunkers Jul 29, 2009
Since July 1, when the program was announced, Lithia Motors dealers in Klamath Falls and Medford were reserving new vehicles, said Robert Sacks, Lithia Motors spokesman. It s bringing in a lot of people who would not have ordinarily purchased new vehicles, he said. (Klamath Falls Herald & News, OR)
Chrysler seeks closure of 6 Oregon dealerships May 16, 2009
Additionally, Chrysler wants to close two dealerships owned by Medord-based Lithia Motors. Those dealerships are in Colorado and Nebraska. (KGW Northwest NewsChannel 8, OR)
Chrysler to drop 4 Montana dealers May 15, 2009
Robert Sacks, a spokesman from Lithia Motors in Missoula, said two of the company's 29 stores nationwide received letters one in Colorado Springs, Colo. and one in Omaha, Neb. (Missoulian, MT)
Local Chrysler dealership not on closure listPlans are to close 789 nationwide as part of bankruptcy restructuring plan May 15, 2009
Robert Sacks, community relations director for Lithia Motors headquarters office in Medford, said none of its Southern Oregon dealerships was on the list released Thursday morning. Sacks had no comment on the list. (Klamath Falls Herald & News, OR)
Deery to continue selling Saturns at Cedar Falls site May 14, 2009
On Monday, the Hiawatha-based Lithia Motors dealership, which also sells Buicks, Cadillacs and GMC trucks, announced it was dropping its Saturn of Cedar Rapids business, effective Thursday. "Whatever we don't have sold by Thursday, the factory will take back," said Steve Fox, the dealership's general manager. (Waterloo Courier, IO)
Riding shotgun May 1, 2009
Chad Trettin Independent Record - Salesman Roy Cochran works at his desk inside the showroom at Lithia Motors Thursday afternoon. With every day seemingly bringing more doubtful headlines about the future of General Motors, Chrysler and the U.S auto industry in general, Helena's dealers admit times have been lean, but there are signs Montanans are once again looking to buy cars. (Helena Independent Record, MT)
• Lathams pay up in Lithia suit Apr 7, 2009
47 million last week to settle a two-year-old lawsuit with Lithia Motors Inc. ... "As a result of (Latham Motors') acts, (Lithia Motors) has sustained and will continue to sustain great and irreparable injury in that it will continue to lose experienced employees necessary for the operation of its business," court records show ... "(Lithia Motors Inc.) and their agents have wrongfully misrepresented certain facts to prospective customers by wrongfully informing them that Latham Motors no longer... (Burley South Idaho Press, ID)
Lithia Motors posts Q4 loss as sales drop Mar 17, 2009
Lithia Motors Inc. -- which saw same-store sales for new vehicles plunge 39 percent and used-vehicle sales drop 17 percent -- posted a fourth-quarter loss of $4. 3 million. (OregonLive, OR -- Business)
Dealership closing as Saturn dies Feb 19, 2009
Cars no longer fill the lot at Street Smart Cars at 4401 S. Georgia St., and Lithia Motors severely pared the inventory and staff of its L2 Auto store at 4700 S. Soncy Road. Both properties are up for sale. (Amarillo.com)
