Wednesday, July 22, 2020

Lithia Q2 profits up despite new-vehicle sales drop

Lithia Q2 profits up despite new-vehicle sales drop https://ift.tt/30Dgeoc

The retailer managed a decline in new-vehicle sales by boosting its profit per vehicle and increasing sales of used vehicles. Lithia also rolled out plans for a new digital retail and service strategy under a national brand, Driveway.

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