Lithia & Driveway Invests in More than 200 Youth Nonprofits Nationwide through Lithia4Kids Community Giving Grants
Rhea-AI Summary
Lithia & Driveway (NYSE: LAD) is investing $500,000 in more than 200 youth and community nonprofits across the U.S. through its Lithia4Kids Community Giving Grants. The 2026 grants support schools, children’s hospitals and youth enrichment organizations, with presentations taking place in multiple regions and additional awards planned through year-end.
Lithia & Driveway received nearly 375 applications and selected recipients based on three pillars: education, advocacy and youth support. Grant submissions for the next cycle will be open from November 1–30, 2026 via the Lithia4Kids website.
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Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Aug 25 | Operations appointment | Positive | +0.8% | Scott Cooke appointed Operations President with automotive finance leadership experience |
| Aug 18 | Fortune ranking | Positive | -3.5% | LAD advanced to No. 426 on the Fortune Global 500 ranking |
| Jul 29 | Second-quarter earnings | Positive | +19.3% | Record revenue, higher adjusted EPS, dividend increase, and share repurchases |
| Jul 23 | Board appointment | Positive | +2.1% | LAD director Cassandra McKinney joined the NACD North Texas board |
| Jul 14 | Earnings scheduling | Neutral | +0.4% | Second-quarter results were scheduled for release before market open |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent corporate-news reactions were mixed, with positive announcements producing both aligned and divergent outcomes.
Key Terms
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AI-generated analysis. How Rhea-AI works. Not financial advice.
MEDFORD, Ore., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Lithia & Driveway (NYSE: LAD) today announced the company is investing
“As an extension of the relationships that our local dealerships have built in their communities, the Lithia4Kids Community Giving Grants allow us to make a direct impact on the children in the community,” said Brittany Osterhout, Senior Manager, Corporate Sponsorships, Lithia & Driveway. “We’re proud to support organizations that are creating brighter futures for children and their families through safe spaces to play, learn, and further strengthen their community.”
Lithia & Driveway received nearly 375 grant applications for 2026, and selected the final recipients based on the program's three guiding pillars: education, advocacy, and youth support. Grant presentations began earlier this year, with Lithia & Driveway team members and local dealerships presenting funding to its nonprofit partners in Southern Oregon, Southern California, Portland, Ore., Spokane, Wash., Lexington, Ky., Norfolk, Va., Corpus Christi, Texas, and Miami, Fla. The remaining grants will be presented throughout the remainder of the year, bringing the total number of local organizations receiving support through Lithia4Kids Community Giving Grants to more than 200.
“Because of partners like Lithia, we can continue keeping families close while they are experiencing a medical emergency that requires them to be far from home,” said Kaitlin Cole, Development Manager for Ronald McDonald House of Charities of the Inland Northwest.
“With support from Lithia4Kids, girls will explore automotive engineering through hands-on badge experiences that do far more than teach STEM skills,” said Susan Douglas, CEO of Girl Scouts of Kentucky’s Wilderness Road Council. “They will discover that they are capable of solving complex problems, working as a team, and imagining themselves in careers they may never have considered.”
Grant submissions for next year will be open from November 1-30, 2026, and can be submitted at https://www.lithia4kids.com/submission.
About Lithia & Driveway (LAD)
Lithia & Driveway (NYSE: LAD) is the largest global automotive retailer making Auto Done Easy by providing simple, transparent, and convenient experiences throughout the ownership lifecycle. LAD helps customers take care of any vehicle need through a comprehensive network of physical locations, e-commerce platforms, captive finance solutions, fleet management offerings, and other synergistic adjacencies. Celebrating 80 years in business in 2026, LAD consistently delivers profitable growth in a massive and unconsolidated industry. Its highly diversified and competitively differentiated design provides LAD with the flexibility and scale to pursue its vision to modernize personal transportation solutions wherever, whenever and however consumers desire.
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