Lithia knocks AutoNation out of No. 1 sales ranking

Bryan DeBoer — DeBoer: Lithia sank most of its cash flow into acquisitions, and it paid off. (KRISTEN STRAKALAITIS)

February 18, 2023 11:00 AM

Lithia Motors Inc., once the smallest publicly traded dealership group before embarking on a multiyear dealership buying spree, surpassed longtime No. 1 AutoNation Inc. in new vehicles sold in 2022.

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