Automotive retailer Lithia & Driveway says Q1 2024 revenue $8.6 billion, up 23% YOY

Financial results

The company’s net income for the first quarter was $165 million, a 28% decrease compared to net income of $230 million in the same period of 2023

Lithia & Driveway (LAD), an automotive retailer in North America that also provides a suite of financing, leasing, repair and maintenance options, announced that its first quarter 2024 revenue increased 23% to $8.6 billion from $7.0 billion in the first quarter of 2023, according to a press release dated April 24.

Thank you for visiting S&P Global AutoTechInsight.

To get access to the AftermarketInsight full suite of services, please contact us by clicking here.

Already a subscriber? Please log in here.

preload preload preload preload preload preload