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Article: Lithia sheds 4 more stores.(NEWS)(Lithia Motors Inc.)

Article from:
Automotive News
Article date:
November 17, 2008
Author:
Copyright

Byline: Patricia Scott

Lithia Motors Inc. of Medford, Ore., has sold four more dealerships as part of a restructuring effort that began in June. The public dealership group selected 29 stores for divestiture. Now 14 have been sold.

Lithia, which now has 98 stores, ranks No. 8 on Automotive News' list of the top 125 dealership groups in the United States with retail sales of 63,607 new vehicles in 2007.

Here are recent transactions.

Barros/Lithia Motors

Buyer: Tom Barros

Seller: Lithia Motors

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