| Lithia Motors, Inc., is an operator of automotive franchises and retailer of new and used vehicles and services. As of March 16, 2009, the Company offered 27 brands of new vehicles and used vehicles in 92 stores in the United States and over the Internet. It sells new and used cars and light trucks; sell replacement parts; provide vehicle maintenance, warranty, paint and repair services, and arrange related financing, service contracts, protection products and credit insurance for its automotive customers. In October 2008, Lithia Motors, Inc. announced that it has completed the sale of its Wenatchee Chrysler Dodge franchise to Town Auto Group, a local auto dealer in Wenatchee. |
