Fortune 500
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Lithia Motors Enters Fortune Global 500, Expands Southeast Footprint
Lithia & Driveway (NYSE: LAD) continues its growth, ranking No. 124 on the Fortune 500 and No. 434 on the Fortune Global 500. The automotive retailer attributes its success to acquisitions, digital innovation, and customer experience. CEO Bryan DeBoer highlights the company’s omnichannel strategy and its 30,000 employees. Lithia & Driveway also announced the purchase of Palm Beach Acura, West Palm Beach Hyundai, and West Palm Beach Genesis, adding $620 million in projected annualized revenue and expanding its Southeast presence. The company aims to reinvent personal transportation via a holistic approach.
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Lithia & Driveway (LAD) Climbs to No. 124 in 2025 Fortune 500
Lithia & Driveway (LAD) has climbed to #124 on the 2025 Fortune 500 list, up 16 spots. Since debuting at #482 in 2015, LAD’s revenue has surged from $7.9 billion to $36.2 billion in 2024. This growth, making them the leading automotive retailer for a second year, stems from a long-term growth strategy, disciplined execution, and operational excellence championed by CEO Bryan DeBoer, encompassing organic expansion, acquisitions, and digital innovation.
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Fortune 500: Microsoft, Apple, and Tesla Slip in 2025 Rankings
The 2025 Fortune 500 showcases record revenue for top US companies, with the entry threshold rising. Walmart secured the top spot, while Amazon was runner-up. UnitedHealth Group surpassed Apple. While Microsoft, Apple, and Tesla saw ranking adjustments, NVIDIA made a significant leap, fueled by a 114% revenue surge, entering the top 50 and leading in shareholder return.