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August 28, 2018 - Industry News

J.D. Power: Dealers, Affordability Behind Overall Strength of Used Market

Through July, J.D. Power’s Adjusted Used Vehicle Price Index stood at 119.3, which is 4.7 percentage points higher than the year-ago period. The firm said used-vehicle prices began showing strength in the middle half of 2017, a trend that continued deep into this year’s summer selling season.

Tags: Asbury, Group 1, J.D. Power Valuation Services, Lithia, Penske, Sonic, Used Vehicle Price, Used Vehicle Price Index

April 23, 2015 - Industry News

Lithia’s Drop in New-Vehicle Gross Per Unit Offset by Q1 F&I Performance

Lithia’s F&I operations grew its per-copy average by $52. The performance helped offset a $90 drop in new-vehicle gross profit per unit.

Tags: F&I profit, First Quarter, Lithia, Lithia Motors, Quarterly Earnings

February 20, 2014 - Industry News

Lithia Posts Record Revenues for 2013

The company’s revenues exceeded $1 billion in the fourth quarter and $4 billion for the full year. Its F&I operations also posted increases in F&I penetrations and profit per retail unit.

Tags: F&I, Lithia, Lithia Motors, new-vehicle sales, Quarterly Earnings

May 24, 2012 - Industry News

Lithia Targeting Next-Gen Service Customers

The 50-store group is looking to solve the service generation gap and keep next-gen customers engaged through a new app created by DMEautomotive.

Tags: DMEautomotive, Lithia, Mobile, Next Generation Dealer Services

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