Subscribe
Retail

Lithia buys New Jersey stores from Prestige

DeBoer: "We are increasing our annual outlook to a range of $12 billion to $12.5 billion in revenue."
JL
By:
Jamie LaReau
March 01, 2018 05:00 AM

Lithia Motors Inc. has bought six dealerships from Prestige Family of Fine Cars in Bergen County, N.J.

Featured Stories

Trump to give 1-month tariff exemption to USMCA-compliant automakers
Trump to give 1-month tariff exemption to USMCA-compliant automakers
Nissan to cull dealer programs, rethink controversial digital shopping platform in drive for efficiency
Nissan to cull dealer programs, rethink controversial digital shopping platform in drive for efficiency
Automakers face tough choice: Absorb tariffs or pass them on?
Automakers face tough choice: Absorb tariffs or pass them on?
How the new Trump tariffs change the trade landscape
How the new Trump tariffs change the trade landscape

Latest News

Live updates on tariffs: Automakers get 1-month reprieve
Nissan to cull dealer programs, rethink controversial digital shopping platform in drive for efficiency
Tariffs buck 60 years of growing North American auto trade
Tariffs could ‘wipe out’ Detroit 3 profits, disrupt virtually all automakers
Staying current is easy with newsletters delivered straight to your inbox.

See More in Retail

Auto stocks take a tumble after tariffs enacted
Obituary: Harold Suresky
Canadian auto sector a fraud hot spot with rates up 25% in 2024
In 2025, dealership tech companies focus on efficiency, security
Staying current is easy with newsletters delivered straight to your inbox.