Lithia Motors Inc (LAD) Earnings

Lithia Motors, Inc. is a global automotive retailer providing a wide array of products and services throughout the vehicle ownership lifecycle. The company is headquartered in Medford, Oregon and currently employs 30,000 full-time employees. The firm's products and services are offered through its comprehensive network of physical locations, e-commerce platforms, captive finance solutions, fleet management offerings, and other synergistic adjacencies. The Company’s segments include Vehicle Operations and Financing Operations. Its Vehicle Operations segment consists of all aspects of its auto merchandising and aftersales operations, excluding financing provided by its Financing Operations. The firm's Financing Operations segment provides financing to customers buying and leasing retail vehicles from its Vehicle Operations, as well as leasing vehicles from its fleet management services provider. Its Driveway and GreenCars brands and online customer portal complement its in-store experiences in the United States and provide platforms that serve as its e-commerce home solutions.