LITHIA & DRIVEWAY EXPANDS RETAIL NETWORK IN US SOUTHEAST REGION
LITHIA & DRIVEWAY EXPANDS RETAIL NETWORK IN US SOUTHEAST REGION
MEDFORD, Ore., June 11, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today it has expanded its footprint in the U.S. Southeast Region with the purchase of Sunrise Chevrolet Buick GMC at Collierville and Sunrise Buick GMC at Wolfchase in Memphis, Tennessee, and Woodbridge Hyundai in the greater Toronto area. Combined, these newly acquired stores are projected to generate over $240 million in annualized revenue.
俄勒岡州梅德福，2024年6月11日 /PRNewswire/ — Lithia & Driveway（紐約證券交易所代碼：LAD）今天宣佈，收購了位於科利爾維爾的日出雪佛蘭別克GMC和位於田納西州孟菲斯沃爾夫切斯的Sunrise Buick GMC以及大多倫多地區的伍德布里奇現代，從而擴大了在美國東南地區的業務版圖。這些新收購的門店加起來預計將產生超過2.4億美元的年化收入。
The dominant Sunrise stores in Tennessee mark LAD's debut in the Memphis market, further expanding its presence in the country's most profitable region. The Woodbridge Hyundai location will eventually occupy an existing owned facility, allowing for strong returns.
田納西州占主導地位的Sunrise門店標誌着LAD在孟菲斯市場的首次亮相，進一步擴大了其在該國利潤最高地區的業務。伍德布里奇現代分店最終將佔用現有的自有設施，從而獲得豐厚的回報。
"We are excited to arrive in Memphis and build upon Sunrise's goodwill within the community, and to add Woodbridge Hyundai, which has been honored as a "Best Dealership to Work for" by Automotive News for the past five years," said Bryan DeBoer, Lithia & Driveway President and CEO. "We offer an exceptional retail experience rooted in ease, convenience, and optionality throughout the entire vehicle-ownership lifecycle, and we know these impressive teams will help us meet consumers wherever, whenever, and however they desire."
“我們很高興來到孟菲斯，在Sunrise在社區中的良好聲譽基礎上再接再厲，並加入伍德布里奇現代汽車，該公司被評爲 “最佳工作經銷商” 汽車新聞 在過去的五年中，” Lithia & Driveway總裁兼首席執行官布萊恩·德波爾說。“我們在整個汽車擁有生命週期中提供卓越的零售體驗，其根源在於便捷性、便利性和可選性，而且我們知道這些令人印象深刻的團隊將幫助我們隨時隨地滿足消費者的需求。”
These additions bring LAD's total year-to-date expected annualized revenue acquired to over $5.6 billion. The acquisitions were financed using existing on-balance sheet capacity.
這些新增使LAD今年迄今爲止的預期年化收入總額超過56億美元。這些收購是使用現有的資產負債表能力來融資的。
About Lithia & Driveway (LAD)
Lithia & Driveway (NYSE: LAD) is one of the largest global automotive retailers 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 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.
關於 Lithia & Driveway (LAD)
Lithia & Driveway（紐約證券交易所代碼：LAD）是全球最大的汽車零售商之一，在車輛所有權生命週期中提供廣泛的產品和服務。通過我們全面的實體辦公地點、電子商務平台、專屬融資解決方案和其他協同關係網絡，提供簡單、便捷和透明的體驗。我們在一個龐大且未合併的行業中實現持續的盈利增長。我們高度多元化和具有競爭力的差異化設計爲我們提供了靈活性和規模，使我們能夠實現我們的願景，即隨時隨地以消費者希望的方式實現個人交通解決方案的現代化。
SITES
站點
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
臉書上的 Lithia & Driveway
https://www.facebook.com/LithiaMotors
https://www.facebook.com/DrivewayHQ
Lithia & Driveway on Twitter
https://twitter.com/lithiamotors
https://twitter.com/DrivewayHQ
https://twitter.com/GreenCarsHQ
推特上的 Lithia & Driveway
https://twitter.com/lithiamotors
https://twitter.com/DrivewayHQ
https://twitter.com/GreenCarsHQ
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SOURCE Lithia Motors, Inc.
來源 Lithia Motors, Inc.
譯文內容由第三人軟體翻譯。