Lithia & Driveway announced the acquisition of Stivers Decatur Subaru in the Atlanta market. This strategic move increases network density in the Southeast region, bringing in an estimated $100M in annualized revenue. This addition brings LAD‘s total year-to-date annualized U.S. revenue acquired to $720M. This acquisition was financed using existing on-balance sheet capacity.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LAD:
- These 3 “Strong Buy” Value Stocks Have over 20% Upside, According to Analysts – 10/8/2025
- Lithia Motors Expands Board with Two New Directors
- Lithia & Driveway price target raised to $385 from $383 at Citi
- Lithia Motors Completes $600M Senior Notes Offering
- Lithia & Driveway price target lowered to $385 from $500 at BofA