Lithia & Driveway

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.

Lithia & Driveway (LAD) will announce its second-quarter 2025 financial results before market open on Tuesday, July 29, 2025. A conference call for investors and analysts to discuss the performance will be held the same day at 11:00 a.m. ET. The call can be accessed by dialing (877) 407-8029. A webcast and replay will be available on the company’s investor relations website.

Lithia & Driveway (LAD) expands its footprint by acquiring two Southeast Mercedes-Benz dealerships, expecting $220 million in annualized revenue. This acquisition brings LAD’s total 2024 acquired revenue to $400 million. Further demonstrating confidence, LAD updated its share repurchase program, investing $230 million to repurchase shares. This balanced approach combines strategic acquisitions and share repurchases, signaling positive growth and shareholder value.

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.