Lithia Motors, Inc. (NYSE:LAD) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition
Lithia Motors, Inc. (NYSE:LAD) Files An 8-K Results of Operations and Financial Condition
EX-99.1 2 lad2019q2-8k_ex99.htm EXHIBIT 99.1 Exhibit LITHIA REPORTS RECORD SECOND QUARTER 2019 RESULTS AND SAME STORE INCREASES IN ALL BUSINESS LINES ________________________________________________DECLARES DIVIDEND OF $0.30 PER SHARE FOR SECOND QUARTERMedford,…
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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.