Lithia & Driveway Expands Retail Network in Southeast Region and Provides Share Repurchase Update

MEDFORD, Ore., June 10, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced the purchase of two Mercedes-Benz stores in Collierville, TN and Jackson, MS. This strategic move increases store density and luxury mix by adding LAD's first Mercedes-Benz store in the Southeast region, bringing an estimated $220 million in annualized revenue."We are thrilled to expand our presence in the Southeast with the addition of these two premier Mercedes-Benz stores. These acquisitions align with our strategi ...