News: Lithia Motors Inc (LAD)

LAD on New York Consolidated

77.17USD
31 Oct 2014
Price Change (% chg)

$1.77 (+2.35%)
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$75.40
Open
$76.93
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$78.89
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$76.05
Volume
283,500
Avg. Vol
385,707
52-wk High
$97.20
52-wk Low
$53.57

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Mon, Oct 13 2014

Lithia says profit hurt by drop in used car prices, sector stocks fall

- U.S. auto dealer Lithia Motors Inc said a drop in used-vehicle prices hurt third-quarter profit and the company also cut its fourth-quarter forecast, signaling that a recovering auto sales market would weigh on the earnings of dealers.

UPDATE 2-Lithia says profit hurt by drop in used car prices, sector stocks fall

* Says lower used-vehicle prices hit margins in third quarter

Auto retailer Lithia Motors to acquire DCH Auto Group for $362.5 mln

NEW YORK - Lithia Motors Inc said on Sunday it has agreed to buy DCH Auto Group Inc for $362.5 million, giving the automotive retailer a presence in the eastern United States for the first time.

Auto retailer Lithia Motors to acquire DCH Auto Group for $362.5 mln

NEW YORK, June 15 - Lithia Motors Inc said on Sunday it has agreed to buy DCH Auto Group Inc for $362.5 million, giving the automotive retailer a presence in the eastern United States for the first time.

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