Wednesday, February 13, 2019

Lithia gets Q4 lift from used cars

Lithia gets Q4 lift from used cars http://bit.ly/2tiXvOx

A double-digit percentage rise in used-vehicle sales and higher finance-and-insurance income helped give Lithia Motors, the country's fourth-largest dealership group, a boost in fourth quarter revenue and adjusted earnings. But net income dropped on a comparison with the year-earlier quarter that included a large one-time tax benefit.

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