CategoryRetail

Lithia Q3 net income dinged by acquisition costs; quarterly revenue hits record

Lithia Motors' headquarters in Medford, Ore. (Melissa Burden\/Automotive News)
Lithia spent $77.5 million on acquisitions during the third quarter after factoring in the cash it acquired in deals. It generated $15 million from divesting of stores. (MELISSA BURDEN)
October 23, 2024 11:57 AM