Lithia & Driveway Reports Impressive Q4 Growth with Profitable Finance Operations
February 12, 2025 - 11:40
Lithia & Driveway has announced a remarkable achievement in its fourth-quarter earnings report, showcasing a 20% revenue growth that reached an impressive $9.2 billion. This significant increase is attributed to robust new vehicle sales, which saw a rise of 7.4%.
In a notable milestone for the company, its Finance Operations division has posted its first-ever profit, amounting to $15.4 million. This achievement marks a turning point for the finance unit, which has been a focus of growth and development in recent years.
The combination of increased vehicle sales and a profitable finance segment underscores Lithia & Driveway's strategic initiatives and resilience in a competitive market. The company continues to adapt to changing consumer demands and market conditions, positioning itself for sustained success in the automotive industry. As it moves forward, stakeholders are optimistic about the potential for further growth and profitability in the upcoming quarters.
MORE NEWS
February 20, 2026 - 23:00
WisDems: Updated: RPW breaks state law by failing to file campaign finance report, WisDems chair respondsMADISON, Wis. — An official ethics complaint has been filed against the Republican Party of Wisconsin (RPW) for an alleged clear violation of state campaign finance law. The complaint centers on...
February 20, 2026 - 00:21
CFPB releases college credit card reportFor the first time since 2017, the total number of college- and university-affiliated credit card issuers did not decrease, holding steady at 133 agreements nationwide. This plateau follows a...
February 19, 2026 - 04:17
Urgent superannuation warning for thousands as Aussie loses $165,000: 'I just clicked'A stark warning has been issued to superannuation holders across the nation following a series of devastating scams that have stripped millions from retirement nest eggs. In a particularly...
February 18, 2026 - 23:47
Nova Scotia's Finance Department says over-budget spending needed to act swiftlyThe Nova Scotia government is justifying its decision to repeatedly exceed budgeted spending amounts, stating the flexibility was crucial to address urgent provincial needs quickly. The Finance...