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Lithia & Driveway Diversifies Portfolio with Two Strategic Acquisitions

MEDFORD, Ore., March 03, 2026 (GLOBE NEWSWIRE) -- Lithia & Driveway (NYSE: LAD) today announced the acquisition of Toyota of Gallatin in Gallatin, Tenn.

Lithia & Driveway (LAD) Reports Fourth Quarter Results and Full Year Results

Record full year revenues of $37.63 billion, a 4.0% increase; Record fourth quarter revenue of $9.20 billion Full year diluted earnings per share increased 9.7% and adjusted diluted earnings per share increased 15.7% Same-store sales nearly flat in the quarter Used revenue increased 6.1% and used retail units increased 4.7% on a same store basis in the quarter Aftersales revenue increased 10.9% and gross profit increased by 9.8% on a same store basis in the quarter Financing operations delivered record quarterly income of $23 million, a $19 million increase from the prior year Driveway Finance Corporation achieved a 15.0% penetration rate with an average FICO of 751 in the quarter Fourth quarter diluted earnings per share of $5.72 and adjusted diluted earnings per share of $6.74. Repurchased $947 million of shares, 11.4% of shares outstanding in 2025, including 3.8% of outstanding shares in the quarter Strategic acquisitions totaling $2.4 billion of annual revenue MEDFORD, Ore.

TraXtion Awarded Core Preferred Partner Status By Lithia & Driveway

IRVING, Texas--(BUSINESS WIRE)--TraXtion, a leading provider of automated tire and vehicle inspection solutions, today announced it has been awarded Core Preferred Partner status by Lithia Motors, Inc. (NYSE: LAD) as part of the Lithia & Driveway Preferred Partner Program. This designation from one of the largest dealer groups in North America reinforces TraXtion's role in modernizing the service-lane experience for dealerships. The selection identifies TraXtion as a preferred provider of t.