Lithia & Driveway (LAD) Expands Retail Network in Southeast Region

Lithia & Driveway (NYSE: LAD) announced on October 14, 2025 the acquisition of Stivers Decatur Subaru in the Atlanta market to expand its Southeast retail network.

Rhea-AI Summary

Lithia & Driveway (NYSE: LAD) announced on October 14, 2025 the acquisition of Stivers Decatur Subaru in the Atlanta market to expand its Southeast retail network. The deal is estimated to add $100 million in annualized revenue and increases LAD's year-to-date acquired annualized U.S. revenue to $720 million. Management said the acquisition strengthens LAD's import mix, deepens its Southeast footprint, and supports in-network sales and service both online and in-store. The transaction was financed using existing on-balance sheet capacity, per the company.

Positive

• Adds an estimated $100 million in annualized revenue
• Raises YTD acquired annualized U.S. revenue to $720 million
• Increases network density in the Southeast Atlanta market
• Strengthens LAD's import mix via Subaru franchise
• Transaction financed from existing on-balance sheet capacity

Negative

• None.

Argus Oct 14 session

+3.00% close to close 1.1x rel. volume Open Argus

Details

News Market Reaction – LAD

On Oct 14, the day this news came out, LAD closed 3.00% above the previous close.

Data tracked by StockTitan Argus for the Oct 14 session.

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MEDFORD, Ore., Oct. 14, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced the acquisition of Stivers Decatur Subaru in the Atlanta market. This strategic move increases network density in the Southeast region and strengthens LAD's import mix, bringing in an estimated $100 million in annualized revenue.

"We are pleased to welcome Stivers Decatur Subaru to the Lithia & Driveway family. The Atlanta metro is a dynamic, growth market, and Subaru's loyal customer base aligns with our focus on lifetime ownership experiences," said Bryan DeBoer, Lithia & Driveway President and CEO. "This addition deepens our Southeast footprint and enhances our ability to deliver convenient, in-network sales and service, online and in-store, while advancing our disciplined growth strategy." 

This addition brings LAD's total year-to-date annualized U.S. revenue acquired to $720 million. This acquisition 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 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

View original content to download multimedia:https://www.prnewswire.com/news-releases/lithia--driveway-lad-expands-retail-network-in-southeast-region-302582533.html

SOURCE Lithia Motors, Inc.

FAQ

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What did Lithia & Driveway (LAD) announce on October 14, 2025?

LAD announced the acquisition of Stivers Decatur Subaru in the Atlanta market, effective October 14, 2025.

How much annualized revenue does the Stivers Decatur Subaru acquisition add to LAD (NYSE: LAD)?

The acquisition is estimated to add $100 million in annualized revenue to LAD.

What is LAD's total year-to-date annualized U.S. revenue acquired after the October 14, 2025 deal?

The addition brings LAD's year-to-date acquired annualized U.S. revenue to $720 million.

How was the Stivers Decatur Subaru acquisition financed by LAD?

The company financed the acquisition using existing on-balance sheet capacity.

How does the Stivers Decatur Subaru purchase affect LAD’s market presence in the Southeast?

The deal increases network density in the Southeast and deepens LAD's footprint in the Atlanta metro.

Does the acquisition change LAD’s vehicle mix or brand exposure?

Yes; the company said the acquisition strengthens LAD's import mix, specifically adding a Subaru franchise.