Retail

Lithia buys 9 stores in Calif., Ariz.

DeBoer
Lithia CEO Bryan DeBoer: "The Keyes acquisition adds approximately 800 new customer care associates and expands the reach of our omnichannel strategy into new markets." (JOE WILSSENS)
November 10, 2020 04:16 PM

Lithia Motors Inc. has purchased nine dealerships from the Keyes Automotive Group estimated to generate $1.4 billion in annual revenue as the nation's third-largest new-vehicle retailer continues to grow.

Staying current is easy with newsletters delivered straight to your inbox.