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LITHIA MOTORS, INC. (NYSE:LAD) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

LITHIA MOTORS, INC. (NYSE:LAD) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

Item 5.03 Amendments to Articles of Incorporation or Bylaws;
Change in Fiscal Year.

(a) On April 27, 2017, the Board of Directors of Lithia Motors,
Inc. (the Company) amended the Companys Amended
and Restated Bylaws as follows:

1.

Retitled them the 2017 Amended and Restated Bylaws.

2.

Altered the number of directors to a minimum of five and a
maximum of nine; and

3.

Eliminated the default provision that the President of the
Company will preside over meetings of the Board of
Directors in the absence of the Chairman, which conflicts
with the Boards practice of assigning this responsibility
to the Lead Independent Director.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit No.

Description

3.1

2017 Amended and Restated Bylaws of Lithia Motors, Inc.

About LITHIA MOTORS, INC. (NYSE:LAD)
Lithia Motors, Inc. is an operator of automotive franchises and a retailer of new and used vehicles and services. The Company operates in three segments: Domestic, Import and Luxury. Its Domestic segment consists of retail automotive franchises that sell new vehicles of Chrysler, General Motors and Ford. Its Import segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Honda, Toyota, Subaru, Nissan and Volkswagen. Its Luxury segment consists of retail automotive franchises that sell new vehicles of BMW, Mercedes-Benz and Lexus. Its franchises in each segment sell used vehicles, parts and automotive services, and automotive finance and insurance products. Its operations involve the use, handling, storage and contracting for recycling and disposal of materials, such as motor oil and filters, transmission fluids, antifreeze, refrigerants, paints, thinners, batteries, cleaning products, lubricants, degreasing agents, tires and fuel. LITHIA MOTORS, INC. (NYSE:LAD) Recent Trading Information
LITHIA MOTORS, INC. (NYSE:LAD) closed its last trading session down -4.64 at 90.58 with 750,794 shares trading hands.

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