Lithia net income surges in Q4

Lithia Chrysler-Dodge-Jeep-Ram of Corpus Christi — The average negative equity rolled into a new-vehicle purchase at Lithia has dropped to just more than $4,000, from $5,000.

February 03, 2021 08:37 PM

Lithia Motors Inc. reported record revenue and profits for the fourth quarter of 2020 as it also announced plans to more than double last year's pace of dealership acquisitions.

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