Full-Time
Posted on 9/26/2025
Automotive retailer offering financing and services
No salary listed
Wesley Chapel, FL, USA
In Person
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Lithia & Driveway is a large automotive retailer with more than 300 stores across the United States, United Kingdom, and Canada, representing over 50 vehicle brands. It sells both new and used cars and offers financing, insurance, and after-sales services to individual customers and businesses. The company earns revenue from vehicle sales, service contracts, and financial products, and operates with a performance-driven culture focused on ownership, continuous improvement, and customer satisfaction. Its scale, national and cross-border presence, and breadth of services differentiate it from competitors, along with its combined focus on sales, financing, and after-sales support. The goal is to be a leading full-service mobility retailer that provides a wide range of automotive products and services while maintaining high customer satisfaction and inclusion within its workforce.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Medford, Oregon
Founded
1946
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Paid Holidays
Paid Vacation
401(k) Retirement Plan
Employee Stock Purchase Plan
Wellness Programs
Vehicle Purchase Discounts
Lithia & Driveway Diversifies Portfolio with Two Strategic Acquisitions...
Pendragon, the former UK car dealership giant acquired by US firm Lithia Motors for £377 million in February 2024, plans to sell underperforming dealerships whilst expanding its UK operations. The company reported profits rising from £4 million in 2023 to £20 million in 2024. Lithia UK Holding Limited, which combines Pendragon with Lithia's existing UK division, has cut hundreds of jobs since the takeover, previously announcing around 250 redundancies to focus on prominent national chains like Evans Halshaw and Stratstone. Pendragon previously employed approximately 7,000 people across the country. The company paid a £50 million dividend to investors during 2024. Its Pinewood Technologies division was not included in the sale and now operates independently from Birmingham Business Park.
Lithia & Driveway (LAD) provides share repurchase update and continues to expand in Canada. MEDFORD, Ore., Dec. 2, 2025 /PRNewswire/ - In the quarter, LAD has invested $274 million to repurchase nearly 875,000 shares at a weighted average price of $313, representing 3.3% of outstanding shares. "Our share repurchases this quarter demonstrate our conviction in our resilient profitability, generative cash flows and omnichannel model," said Bryan DeBoer, Lithia and Driveway President and CEO. "Our strong balance sheet and shares trading below intrinsic value allows us to return capital while also strengthening our network through strategic acquisitions." To date this year, LAD has invested nearly $933 million to repurchase 2.98 million shares at a weighted average price of $313. This represents 11.3% of outstanding shares. $636 million remains available for repurchase under the existing share repurchase authorization. Additionally, LAD completed the acquisition of Fines Ford in the Greater Toronto Area, Canada. This strategic investment demonstrates LAD's continued ability to strengthen its network in the North American market. This store is expected to increase annualized revenue by $100 million. "We are excited to expand our presence in the Canadian market with the addition of Fines Ford to the Lithia & Driveway family. This strategic investment in Canada's number one volume brand strengthens our omnichannel network in the nation's largest market," said Bryan DeBoer, Lithia and Driveway President and CEO. "Fines Ford's customer loyalty and established reputation in the community align perfectly with our strategy to provide exceptional experiences wherever, whenever, and however customers desire. This accretive acquisition reflects our disciplined approach to delivering sustainable growth and shareholder value while bringing new customers into our unique ecosystem." This addition brings LAD's total year-to-date expected annualized revenue to $2.2 billion and was financed using existing on-balance sheet capacity. About Lithia & Driveway (LAD) Lithia & Driveway (NYSE: LAD) is the largest global automotive retailer providing a wide array of products and services throughout the vehicle ownership lifecycle. Simple, convenient, and transparent experiences are offered through its comprehensive network of physical locations, e-commerce platforms, captive finance solutions, fleet management offerings, and other synergistic adjacencies. Lithia Motors Inc. deliver consistent, profitable growth in a massive and unconsolidated industry. Its highly diversified and competitively differentiated design provides Lithia Motors Inc. the flexibility and scale to pursue its vision to modernize personal transportation solutions wherever, whenever and however consumers desire. Lithia & Driveway on Facebook https://www.facebook.com/LithiaMotors https://www.facebook.com/DrivewayHQ Lithia & Driveway on X https://x.com/lithiamotors https://x.com/DrivewayHQ https://x.com/GreenCarsHQ Lithia & Driveway on LinkedIn https://www.linkedin.com/company/lithia-motors/ Lithia & Driveway on YouTube https://www.youtube.com/@Lithia_Motors/featured View original content to download multimedia:https://www.prnewswire.com/news-releases/lithia-driveway-lad-provides-share-repurchase-update-and-continues-to-expand-in-canada-302629708.html
Lithia Motors acquires three Hyundai dealerships in Southern California from Nouri/Shaver Automotive Group.
Lithia & Driveway (LAD) continues strategic luxury network expansion and is named to TIME America's Growth Leaders list. News provided by. MEDFORD, Ore., Nov. 11, 2025 /PRNewswire/ - Lithia & Driveway (NYSE: LAD) today announced the acquisition of Porsche Beverly Hills and Audi Santa Monica. These luxury stores bring an estimated $450 million in annualized revenue and have the potential to be among the highest volume globally by brand. "We're excited to welcome Porsche Beverly Hills and Audi Santa Monica to the Lithia family-two iconic dealerships rooted in of the world's most prestigious and globally recognized luxury automotive markets. These stores elevate our luxury mix, expand our ecosystem, and will deliver meaningful, accretive earnings" said Bryan DeBoer, Lithia & Driveway President and CEO. "We're excited to continue our growth by adding high-quality stores comfortably within our disciplined return hurdle rates." These additions bring LAD's total year-to-date expected annualized revenue acquired to $2.1 billion. This acquisition was financed using existing on-balance sheet capacity. TIME America's Growth Leaders of 2026 Additionally, LAD has been ranked #165 on TIME's list of America's Growth Leaders of 2026, which recognizes the nation's top-performing companies demonstrating exceptional growth, financial stability, and market performance. This distinction places LAD among the most dynamic and successful businesses driving innovation and economic progress across the U.S. A complete list of the TIME America's Growth Leaders of 2026 can be found here: https://time.com/7327022/americas-growth-leaders-2025/. About Lithia & Driveway (LAD) Lithia & Driveway (NYSE: LAD) is the largest global automotive retailer providing a wide array of products and services throughout the vehicle ownership lifecycle. Simple, convenient, and transparent experiences are offered through our comprehensive network of physical locations, e-commerce platforms, captive finance solutions, fleet management offerings, and other synergistic adjacencies. We deliver consistent, profitable growth in a massive and unconsolidated industry. Our highly diversified and competitively differentiated design provides us the flexibility and scale to pursue our vision to modernize personal transportation solutions wherever, whenever and however consumers desire. Lithia & Driveway on Facebook https://www.facebook.com/LithiaMotors https://www.facebook.com/DrivewayHQ Lithia & Driveway on X https://x.com/lithiamotors https://x.com/DrivewayHQ https://x.com/GreenCarsHQ Lithia & Driveway on LinkedIn https://www.linkedin.com/company/lithia-motors/ Lithia & Driveway on YouTube https://www.youtube.com/@Lithia_Motors/featured