Lithia & Driveway (LAD) Debuts on Fortune's Global 500 List and Expands Retail Network in Southeast Region
Rhea-AI Summary
Lithia & Driveway (NYSE:LAD) has achieved two significant milestones: debuting at position #434 on the Fortune Global 500 list and maintaining its #1 position in Automotive Retail on the Fortune 500 list at #124. The company also announced the strategic acquisition of three dealerships in the Southeast region: Palm Beach Acura, West Palm Beach Hyundai, and West Palm Beach Genesis.
The expansion strengthens LAD's presence in the profitable Southeast market, with these locations expected to become among the highest-volume stores nationwide. The acquisitions bring LAD's total year-to-date expected annualized revenue acquired to $620 million, funded through existing balance sheet capacity.
Positive
- First-time inclusion in Fortune Global 500 list at position #434
- Maintained #1 position in Automotive Retail category on Fortune 500
- Strategic acquisition of three high-potential dealerships in Southeast region
- $620 million in expected annualized revenue from year-to-date acquisitions
- Acquisition funded through existing balance sheet capacity, indicating strong financial position
Negative
- None.
News Market Reaction – LAD
On the day this news was published, LAD gained 1.56%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Lithia & Driveway has demonstrated consistent growth, steadily advancing its standing as a leader in the automotive retail industry, while expanding its network of dealerships across
"Our debut on the Fortune Global 500 list is a meaningful milestone for Lithia & Driveway and reflects the dedication of our nearly 30,000 team members worldwide," said Bryan DeBoer, President and CEO. "Our growth has been fueled by our unique ecosystem and expanding footprint, innovation in digital retail and delivery of exceptional experiences to meet customers wherever they are. As we continue to grow, we remain focused on innovation, a people-first culture and generating lasting value for all who rely on us."
Southeast Regional Expansion
Lithia & Driveway today announced the acquisition of Palm Beach Acura, West Palm Beach Hyundai, and West Palm Beach Genesis. These strategic acquisitions increase density and brand mix of luxury and import in the highly profitable Southeast region and have the potential to become among the highest volume stores in the country.
"These high-opportunity stores expand our presence in the growing Southeast region, increasing the density of our omnichannel platform and improving the diversity of our brands. We're welcoming high-performing teams that will deepen customer relationships and accelerate growth across our ecosystem," said Bryan DeBoer, President and CEO, Lithia & Driveway. "These acquisitions reflect our continued focus on strategic growth powered by our disciplined approach to deploying capital and maximizing shareholder return."
This addition brings LAD's total year-to-date expected annualized revenue acquired to
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.
Sites
www.lithia.com
www.investors.lithiadriveway.com
www.lithiacareers.com
www.driveway.com
www.greencars.com
www.drivewayfinancecorp.com
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
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SOURCE Lithia Motors, Inc.
FAQ
What position did Lithia & Driveway (LAD) achieve on the Fortune Global 500 list in 2025?
What dealerships did LAD acquire in the Southeast region in September 2025?
How much annualized revenue has LAD acquired year-to-date in 2025?
How did Lithia & Driveway finance its Southeast dealership acquisitions?
How many team members does Lithia & Driveway employ worldwide in 2025?
