Lithia Motors Inc.

Public Company, Headquarters Location
360 E Jackson St., Medford, OR 97501-5825, United States
(800)866-9213, http://www.lithia.com

Primary SIC: New And Used Car Dealers, Primary NAICS: New Car Dealers
Description: Lithia Motors Inc. was founded in 1946 and incorporated in 1968. Its initial public offering was in 1996. The company is an operator of automotive franchises and a retailer of new and used vehicles and services. Its franchise locations sell new and used cars and light trucks; sell replacement parts; provide vehicle maintenance, warranty, paint and repair services; and arrange related financing, service contracts, protection products and credit insurance for customers. The company's stores have four departments: new vehicles sales; used vehicle sales; vehicle financing, extended warranty and insurance; and service, body and parts. As of April 2008, the company operated 109 stores in 15 states, primarily those located in the western United States. Its executive offices are located in Medford, Oregon. In August 2007, the company opened its first stand-alone used vehicle store, L2 Auto, located in Loveland, Colorado, and in December 2007, it opened two additional stores in Texas. In 2007, the company sold 30 different domestic and imported auto brands, including BMW, Chrysler, Ford, Honda, Mercedes, Nissan and Saturn.Retail: Nations premier publicly owned automotive group.