{"id":908276,"date":"2025-11-11T05:33:12","date_gmt":"2025-11-11T10:33:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lithia-driveway-lad-continues-strategic-luxury-network-expansion-and-is-named-to-time-americas-growth-leaders-list\/"},"modified":"2025-11-11T05:33:12","modified_gmt":"2025-11-11T10:33:12","slug":"lithia-driveway-lad-continues-strategic-luxury-network-expansion-and-is-named-to-time-americas-growth-leaders-list","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lithia-driveway-lad-continues-strategic-luxury-network-expansion-and-is-named-to-time-americas-growth-leaders-list\/","title":{"rendered":"Lithia &amp; Driveway (LAD) Continues Strategic Luxury Network Expansion and is Named to TIME America&#8217;s Growth Leaders List"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">MEDFORD, Ore.<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Nov. 11, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Lithia &amp; Driveway (NYSE: LAD) today announced the acquisition of Porsche Beverly Hills and Audi Santa Monica. These luxury stores bring an estimated <span class=\"xn-money\">$450 million<\/span> in annualized revenue and have the potential to be among the highest volume globally by brand.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1476804\/Lithia_Driveway_Combo_FINAL_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1476804\/Lithia_Driveway_Combo_FINAL_Logo.jpg\" title=\"Lithia &amp; Driveway (PRNewsfoto\/Lithia Motors, Inc.)\" alt=\"Lithia &amp; Driveway (PRNewsfoto\/Lithia Motors, Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>&#8220;We&#8217;re excited to welcome Porsche Beverly Hills and Audi Santa Monica to the Lithia family-two iconic dealerships rooted in of the world&#8217;s most prestigious and globally recognized luxury automotive markets. These stores elevate our luxury mix, expand our ecosystem, and will deliver meaningful, accretive earnings&#8221; said\u00a0Bryan DeBoer, Lithia &amp; Driveway President and CEO.\u00a0&#8220;We&#8217;re excited to continue our growth by adding high-quality stores comfortably within our disciplined return hurdle rates.&#8221;<\/p>\n<p>These additions bring LAD&#8217;s total year-to-date expected annualized revenue acquired to <span class=\"xn-money\">$2.1 billion<\/span>. This acquisition was financed using existing on-balance sheet capacity.\u00a0\u00a0<\/p>\n<p>\n        <b>TIME America&#8217;s Growth Leaders of 2026<br \/><\/b>Additionally, LAD has been ranked #165 on\u00a0<i>TIME<\/i>&#8216;s list of America&#8217;s Growth Leaders of 2026, which recognizes the nation&#8217;s top-performing companies demonstrating exceptional growth, financial stability, and market performance. This distinction places LAD among the most dynamic and successful businesses driving innovation and economic progress across the U.S.<\/p>\n<p>A complete list of\u00a0the TIME America&#8217;s Growth Leaders of 2026\u00a0can be found here:\u00a0<a href=\"https:\/\/time.com\/7327022\/americas-growth-leaders-2025\/\" target=\"_blank\" rel=\"nofollow\">https:\/\/time.com\/7327022\/americas-growth-leaders-2025\/<\/a>. \u00a0<\/p>\n<p>\n        <b>About Lithia &amp; Driveway (LAD)<br \/><\/b>Lithia &amp; 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.<\/p>\n<p>\n        <b>Sites<br \/><\/b><br \/>\n        <a href=\"http:\/\/www.lithia.com\/\" target=\"_blank\" rel=\"nofollow\">www.lithia.com<br \/><\/a><br \/>\n        <a href=\"https:\/\/investors.lithiadriveway.com\/\" target=\"_blank\" rel=\"nofollow\">www.investors.lithiadriveway.com<br \/><\/a><br \/>\n        <a href=\"https:\/\/www.lithiacareers.com\/\" target=\"_blank\" rel=\"nofollow\">www.lithiacareers.com<br \/><\/a><br \/>\n        <a href=\"https:\/\/www.driveway.com\/\" target=\"_blank\" rel=\"nofollow\">www.driveway.com<br \/><\/a><br \/>\n        <a href=\"https:\/\/www.greencars.com\/\" target=\"_blank\" rel=\"nofollow\">www.greencars.com<br \/><\/a><br \/>\n        <a href=\"https:\/\/www.drivewayfinancecorp.com\/\" target=\"_blank\" rel=\"nofollow\">www.drivewayfinancecorp.com<\/a>\n      <\/p>\n<p>\n        <b>Lithia &amp; Driveway on Facebook<br \/><\/b><br \/>\n        <a href=\"https:\/\/www.facebook.com\/LithiaMotors\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.facebook.com\/LithiaMotors<br \/><\/a><br \/>\n        <a href=\"https:\/\/www.facebook.com\/DrivewayHQ\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.facebook.com\/DrivewayHQ<\/a>\n      <\/p>\n<p>\n        <b>Lithia &amp; Driveway on X<br \/><\/b><br \/>\n        <a href=\"https:\/\/x.com\/lithiamotors\" target=\"_blank\" rel=\"nofollow\">https:\/\/x.com\/lithiamotors<br \/><\/a><br \/>\n        <a href=\"https:\/\/x.com\/DrivewayHQ\" target=\"_blank\" rel=\"nofollow\">https:\/\/x.com\/DrivewayHQ<br \/><\/a><br \/>\n        <a href=\"https:\/\/x.com\/GreenCarsHQ\" target=\"_blank\" rel=\"nofollow\">https:\/\/x.com\/GreenCarsHQ<\/a>\n      <\/p>\n<p>\n        <b>Lithia &amp; Driveway on LinkedIn<br \/><\/b><br \/>\n        <a href=\"https:\/\/www.linkedin.com\/company\/lithia-motors\/\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.linkedin.com\/company\/lithia-motors\/<\/a>\n      <\/p>\n<p>\n        <b>Lithia &amp; Driveway on YouTube<br \/><\/b><br \/>\n        <a href=\"https:\/\/www.youtube.com\/@Lithia_Motors\/featured\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.youtube.com\/@Lithia_Motors\/featured<\/a>\n      <\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=SF20815&amp;sd=2025-11-11\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/lithia--driveway-lad-continues-strategic-luxury-network-expansion-and-is-named-to-time-americas-growth-leaders-list-302611044.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/lithia&#8211;driveway-lad-continues-strategic-luxury-network-expansion-and-is-named-to-time-americas-growth-leaders-list-302611044.html<\/a><\/p>\n<p>SOURCE  Lithia Motors, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=SF20815&amp;Transmission_Id=202511110530PR_NEWS_USPR_____SF20815&amp;DateId=20251111\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire MEDFORD, Ore. , Nov. 11, 2025 \/PRNewswire\/ &#8212; Lithia &amp; Driveway (NYSE: LAD) today announced the acquisition of Porsche Beverly Hills and Audi Santa Monica. These luxury stores bring an estimated $450 million in annualized revenue and have the potential to be among the highest volume globally by brand. &#8220;We&#8217;re excited to welcome Porsche Beverly Hills and Audi Santa Monica to the Lithia family-two iconic dealerships rooted in of the world&#8217;s most prestigious and globally recognized luxury automotive markets. These stores elevate our luxury mix, expand our ecosystem, and will deliver meaningful, accretive earnings&#8221; said\u00a0Bryan DeBoer, Lithia &amp; Driveway President and CEO.\u00a0&#8220;We&#8217;re excited to continue our growth by adding high-quality stores comfortably within our disciplined return hurdle rates.&#8221; &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lithia-driveway-lad-continues-strategic-luxury-network-expansion-and-is-named-to-time-americas-growth-leaders-list\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Lithia &amp; Driveway (LAD) Continues Strategic Luxury Network Expansion and is Named to TIME America&#8217;s Growth Leaders List&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-908276","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lithia &amp; Driveway (LAD) Continues Strategic Luxury Network Expansion and is Named to TIME America&#039;s Growth Leaders List - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lithia-driveway-lad-continues-strategic-luxury-network-expansion-and-is-named-to-time-americas-growth-leaders-list\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lithia &amp; Driveway (LAD) Continues Strategic Luxury Network Expansion and is Named to TIME America&#039;s Growth Leaders List - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire MEDFORD, Ore. , Nov. 11, 2025 \/PRNewswire\/ &#8212; Lithia &amp; Driveway (NYSE: LAD) today announced the acquisition of Porsche Beverly Hills and Audi Santa Monica. These luxury stores bring an estimated $450 million in annualized revenue and have the potential to be among the highest volume globally by brand. &#8220;We&#8217;re excited to welcome Porsche Beverly Hills and Audi Santa Monica to the Lithia family-two iconic dealerships rooted in of the world&#8217;s most prestigious and globally recognized luxury automotive markets. These stores elevate our luxury mix, expand our ecosystem, and will deliver meaningful, accretive earnings&#8221; said\u00a0Bryan DeBoer, Lithia &amp; Driveway President and CEO.\u00a0&#8220;We&#8217;re excited to continue our growth by adding high-quality stores comfortably within our disciplined return hurdle rates.&#8221; &hellip; Continue reading &quot;Lithia &amp; Driveway (LAD) Continues Strategic Luxury Network Expansion and is Named to TIME America&#8217;s Growth Leaders List&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/lithia-driveway-lad-continues-strategic-luxury-network-expansion-and-is-named-to-time-americas-growth-leaders-list\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-11T10:33:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1476804\/Lithia_Driveway_Combo_FINAL_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lithia-driveway-lad-continues-strategic-luxury-network-expansion-and-is-named-to-time-americas-growth-leaders-list\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lithia-driveway-lad-continues-strategic-luxury-network-expansion-and-is-named-to-time-americas-growth-leaders-list\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Lithia &amp; 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These luxury stores bring an estimated $450 million in annualized revenue and have the potential to be among the highest volume globally by brand. &#8220;We&#8217;re excited to welcome Porsche Beverly Hills and Audi Santa Monica to the Lithia family-two iconic dealerships rooted in of the world&#8217;s most prestigious and globally recognized luxury automotive markets. These stores elevate our luxury mix, expand our ecosystem, and will deliver meaningful, accretive earnings&#8221; said\u00a0Bryan DeBoer, Lithia &amp; Driveway President and CEO.\u00a0&#8220;We&#8217;re excited to continue our growth by adding high-quality stores comfortably within our disciplined return hurdle rates.&#8221; &hellip; Continue reading \"Lithia &amp; Driveway (LAD) Continues Strategic Luxury Network Expansion and is Named to TIME America&#8217;s Growth Leaders List\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/lithia-driveway-lad-continues-strategic-luxury-network-expansion-and-is-named-to-time-americas-growth-leaders-list\/","og_site_name":"Market Newsdesk","article_published_time":"2025-11-11T10:33:12+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1476804\/Lithia_Driveway_Combo_FINAL_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lithia-driveway-lad-continues-strategic-luxury-network-expansion-and-is-named-to-time-americas-growth-leaders-list\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lithia-driveway-lad-continues-strategic-luxury-network-expansion-and-is-named-to-time-americas-growth-leaders-list\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Lithia &amp; 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