
LithiaâŊ&âŊDriveway (LAD) Accelerates Luxury Footprint and Secures Spot on TIMEâs âAmericaâs Growth Leadersâ List
âĒBy ADMIN
Related Stocks:LAD
Lithia & Driveway (LAD) continues to accelerate its luxuryâsegment expansion with the recent acquisition of Porsche Beverly Hills and Audi Santa Monica â two marquee dealerships expected to add approximatelyâŊ$450âŊmillion in annualized revenue and rank among the top volume stores globally. The purchases push LADâs yearâtoâdate acquired revenue to aroundâŊ$2.1âŊbillion, funded through its existing onâbalanceâsheet capacity.
In parallel, LAD earned a ranking of #165 on TIMEâs Americaâs Growth Leaders ofâŊ2026 list, recognising U.S. firms driven by strong growth, financial strength and market performance. For LAD, this dual milestone underscores its strategic focus on building sustainable luxuryâtier scale while reinforcing its position in the nationâs largest and most fragmented autoâretail sector.
#AutoRetailGrowth #LuxuryDealerships #LADExpansion #AmericasGrowthLeaders #SlimScan #GrowthStocks #CANSLIM