Lithia Motors Expands Southeast Presence with Acquisition of Two Mercedes-Benz Dealerships

Reuters

06-10

Lithia Motors Expands Southeast Presence with Acquisition of Two Mercedes-Benz Dealerships

Lithia Motors Inc. has announced the completion of its acquisition of two Mercedes-Benz dealerships, marking a strategic expansion in the Southeast luxury market. The transaction, finalized on June 2, involves Mercedes-Benz of Jackson in Mississippi and Mercedes-Benz of Collierville in suburban Memphis, Tennessee. This acquisition allows Lithia to strengthen its presence in Mississippi and Tennessee, adding to its existing operations in these states. The Higginbotham family, previous owners of the dealerships, worked with The Presidio Group for the seamless sale process, ensuring a continuation of their family's automotive legacy.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lithia Motors Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250609205920) on June 10, 2025, and is solely responsible for the information contained therein.

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