Lithia Motors Investor Relations (2024)

FAQs

What is the Lithia Motors controversy? ›

General Motors Company, Jim Koons Management and Lithia Motors Inc. have agreed to settle separate Federal Trade Commission administrative complaint allegations that each touted how rigorously they inspect their cars, yet failed to disclose that some of the used cars they were selling were subject to unrepaired safety ...

Top Shareholders

Abrams Capital Management, L.P. BlackRock, Inc. Harris Associates L.P. State Street Global Advisors, Inc.

Lithia Motors has a consensus rating of Moderate Buy which is based on 4 buy ratings, 3 hold ratings and 1 sell ratings. The average price target for Lithia Motors is $305.33. This is based on 8 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Lithia Motors CEO Bryan DeBoer led the pack with a $19.3M compensation in 2023, outshining other auto retail CEOs.

In this class action lawsuit, Plaintiff Tony Clayborne filed suit against Defendants Lithia Motors, Inc. and Lithia Motors Support Services, Inc., alleging they violated California's Private Attorneys General Act (“PAGA”), Labor Code, Business & Professions Code, and the Fair Employment and Housing Act.

Lithia Motors competitors include CarMax, Penske Automotive Group, Staples, Asbury Automotive Group and AutoNation.

Lithia is one of America's largest automotive retailers featuring most domestic and import franchises. Our stores serve urban and rural populations throughout the United States. We are focused on providing customers with an honest and simpler buying and service experience.

President/CEO, Lithia Motors Inc.

As of 2022 Lithia is ranked #158 on the Fortune 500.

Shares of Lithia Motors Drop 12% After Earnings Fall Short of Estimates. Despite a 26% increase in revenue, the bottom line fell far short of analysts' estimates during the second quarter.

How does Lithia Motors make money? ›

Lithia Motors derives a significant portion of its revenue from the sale of new and used vehicles. In 2022, the company's total vehicle sales amounted to approximately $7.2 billion, representing a substantial increase from previous years driven by market demand and expansion efforts.

Lithia Motors, Inc. is one of the largest automotive group retailers in the United States and is among the fastest growing companies in the Fortune 500 with 469 stores globally.

Lithia Motors net worth as of August 09, 2024 is $7.76B.

Senior VP/Chief Financial Officer, Lithia Motors Inc.

The estimated total pay range for a Chief Financial Officer (CFO) at Lithia & Driveway is $166K–$310K per year, which includes base salary and additional pay. The average Chief Financial Officer (CFO) base salary at Lithia & Driveway is $182K per year.

MG Motor received an additional blow in the form of a notice from the Registrar of Companies under the Ministry of Corporate Affairs in 2022, summoning its top brass, citing irregularities in its financials.

Strengths. Diversified Business Model: Lithia Motors Inc's diversified business model, which includes new and used vehicles, financing and insurance products, and automotive repair and maintenance, reduces dependence on any one manufacturer and manages market risk.

Lithia Motors derives a significant portion of its revenue from the sale of new and used vehicles. In 2022, the company's total vehicle sales amounted to approximately $7.2 billion, representing a substantial increase from previous years driven by market demand and expansion efforts.