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Editors Notebook: CPO Continuing Growth Outside OEM Programs, Lithia Motors Ramping Up Used Sales

2015-04-30 01:54:22| AutomotiveDigest.com - Automotive Industry News

By Jon LeSage, Editor, Used Car Market Reports Heres a few significant remarketing news developments during the past week: Certified pre-owned vehicle programs are continuing to grow outside manufacturer programs. Auction Direct USA, one of the largest independent used-car retailers in the US, partnered with the National Independent Automobile Dealers Association and will be offering […] The Article Editors Notebook: CPO Continuing Growth Outside OEM Programs, Lithia Motors Ramping Up Used Sales appeared first on Automotive Digest.

Tags: used sales programs growth

Lithia will continue rapid acquisition pace after DCH

2014-10-31 08:07:16| Auto Dealers - Topix.net

Lithia Motors Inc. will continue its rapid pace of acquisitions over the next year despite just closing a huge deal to buy DCH Auto Group Inc., executives said today. net income increased 11 percent to $34.5 million.

Tags: continue rapid acquisition pace

The DCH deal: How Lithia will absorb its new asset

2014-06-23 23:17:35| Auto Dealers - Topix.net

CEO Bryan DeBoer will transform Lithia Motors Inc. with his planned purchase of DCH Auto Group Ltd. But it won't be easy.

Tags: new deal asset absorb

Whats Behind the Lithia and DCH Merger?

2014-06-18 21:27:02| AutomotiveDigest.com - Automotive Industry News

Lithia Motors may be moving up the ladder in rankings of Top 10 US dealer groups as it merges with DCH Auto Group. The merger means 128 stores on both coasts, and in both large and small metro auto markets. Heres a few interesting facts about the merger: Lithia sells 28 brands of new vehicles, […] The Article Whats Behind the Lithia and DCH Merger? appeared first on Automotive Digest.

Tags: merger lithia