Lithia Motors Expands Southeast Presence with Acquisition of Palm Beach Acura, Hyundai, and Genesis Dealerships

Reuters

Sep 09

Lithia Motors Expands Southeast Presence with Acquisition of Palm Beach Acura, Hyundai, and Genesis Dealerships

Lithia & Driveway $(LAD)$ has announced the acquisition of Palm Beach Acura, West Palm Beach Hyundai, and West Palm Beach Genesis, marking a strategic expansion in the Southeast region. These acquisitions are expected to increase the density and brand mix of luxury and import vehicles in the area, positioning them as potential high-volume stores. The move is part of Lithia & Driveway's broader strategy to enhance its omnichannel platform and diversify its brand offerings, while also supporting growth across its ecosystem. The acquisition adds expected annualized revenue of $620 million to Lithia & Driveway's portfolio, utilizing existing on-balance sheet capacity for financing. Bryan DeBoer, President and CEO, emphasized that these high-opportunity stores will deepen customer relationships and accelerate growth.

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 PR Newswire (Ref. ID: SF68758) on September 09, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2566469809"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2566469809\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2566469809?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-09-09 17:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2566469809","market":"us","top_or_hot":-1,"title":"Lithia Motors Expands Southeast Presence with Acquisition of Palm Beach Acura, Hyundai, and Genesis Dealerships","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Lithia Motors Expands Southeast Presence with Acquisition of Palm Beach Acura, Hyundai, and Genesis Dealerships\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Lithia &amp; Driveway <a href=\"https://laohu8.com/S/LAD\">$(LAD)$</a> has announced the acquisition of Palm Beach Acura, West Palm Beach Hyundai, and West Palm Beach Genesis, marking a strategic expansion in the Southeast region. These acquisitions are expected to increase the density and brand mix of luxury and import vehicles in the area, positioning them as potential high-volume stores. The move is part of Lithia &amp; Driveway's broader strategy to enhance its omnichannel platform and diversify its brand offerings, while also supporting growth across its ecosystem. The acquisition adds expected annualized revenue of $620 million to Lithia &amp; Driveway's portfolio, utilizing existing on-balance sheet capacity for financing. Bryan DeBoer, President and CEO, emphasized that these high-opportunity stores will deepen customer relationships and accelerate growth.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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 PR Newswire (Ref. ID: SF68758) on September 09, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lithia Motors Expands Southeast Presence with Acquisition of Palm Beach Acura, Hyundai, and Genesis Dealerships</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLithia Motors Expands Southeast Presence with Acquisition of Palm Beach Acura, Hyundai, and Genesis Dealerships\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-09-09 17:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Lithia Motors Expands Southeast Presence with Acquisition of Palm Beach Acura, Hyundai, and Genesis Dealerships\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Lithia &amp; Driveway <a href=\"https://laohu8.com/S/LAD\">$(LAD)$</a> has announced the acquisition of Palm Beach Acura, West Palm Beach Hyundai, and West Palm Beach Genesis, marking a strategic expansion in the Southeast region. These acquisitions are expected to increase the density and brand mix of luxury and import vehicles in the area, positioning them as potential high-volume stores. The move is part of Lithia &amp; Driveway's broader strategy to enhance its omnichannel platform and diversify its brand offerings, while also supporting growth across its ecosystem. The acquisition adds expected annualized revenue of $620 million to Lithia &amp; Driveway's portfolio, utilizing existing on-balance sheet capacity for financing. Bryan DeBoer, President and CEO, emphasized that these high-opportunity stores will deepen customer relationships and accelerate growth.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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 PR Newswire (Ref. ID: SF68758) on September 09, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ACUR","symbol_name":"阿库拉制药","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250909:nNDLb9kNSf:1","article_id":"2566469809","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2566469809","pubTimestamp":1757410222,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Lithia & Driveway  has announced the acquisition of Palm Beach Acura, West Palm Beach Hyundai, and West Palm Beach Genesis, marking a strategic expansion in the Southeast region. These acquisitions are expected to increase the density and brand mix of luxury and import vehicles in the area, positioning them as potential high-volume stores. The move is part of Lithia & Driveway's broader strategy to enhance its omnichannel platform and diversify its brand offerings, while also supporting growth across its ecosystem. The acquisition adds expected annualized revenue of $620 million to Lithia & Driveway's portfolio, utilizing existing on-balance sheet capacity for financing. Bryan DeBoer, President and CEO, emphasized that these high-opportunity stores will deepen customer relationships and accelerate growth.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generat","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ACUR":"阿库拉制药","LAD":"利西亚车行","BK4007":"制药","BK4214":"汽车零售","BK4561":"索罗斯持仓","LU0274383776.USD":"MANULIFE GF US SMALL CAP EQUITY \"AA\" (USD) INC"},"translate_title":"Lithia Motors通过收购棕榈滩讴歌、现代和Genesis经销商扩大东南部业务","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ACUR":0.9,"LAD":0.9},"content_text":"Lithia Motors Expands Southeast Presence with Acquisition of Palm Beach Acura, Hyundai, and Genesis Dealerships\n    \n\n        Lithia & Driveway $(LAD)$ has announced the acquisition of Palm Beach Acura, West Palm Beach Hyundai, and West Palm Beach Genesis, marking a strategic expansion in the Southeast region. These acquisitions are expected to increase the density and brand mix of luxury and import vehicles in the area, positioning them as potential high-volume stores. The move is part of Lithia & Driveway's broader strategy to enhance its omnichannel platform and diversify its brand offerings, while also supporting growth across its ecosystem. The acquisition adds expected annualized revenue of $620 million to Lithia & Driveway's portfolio, utilizing existing on-balance sheet capacity for financing. Bryan DeBoer, President and CEO, emphasized that these high-opportunity stores will deepen customer relationships and accelerate growth.\n      \n\nDisclaimer: 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 PR Newswire (Ref. ID: SF68758) on September 09, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}