Company description

LAD, also known as Lithia Motors Inc., is a publicly traded company with a ticker symbol LAD on the New York Stock Exchange. The company was founded in 1946 and is currently headquartered in Medford, Oregon. LAD is a leading automotive retailer in the United States, with a diverse portfolio of 211 locations across 18 states. The company offers a vast selection of new and used vehicles from various popular brands, including Toyota, Honda, and Ford. In addition to vehicle sales, LAD also provides financing, insurance, and maintenance services to its customers. It has a strong reputation for excellent customer service and a commitment to meeting the evolving needs of the automotive industry. LAD has seen significant growth in recent years, with a revenue of over $12 billion in 2020. The company has a clear focus on sustainability and social responsibility, with initiatives such as their "Green by Design" program, which aims to reduce their environmental impact. Overall, LAD continues to solidify its position as a top player in the automotive industry, with a strong financial performance and a commitment to excellence.