Lithia Motors traded at $331.37 this Wednesday July 15th, increasing $12.12 or 3.80 percent since the previous trading session. Looking back, over the last four weeks, Lithia Motors gained 7.76 percent. Over the last 12 months, its price rose by 0.04 percent. Looking ahead, we forecast Lithia Motors to be priced at 307.18 by the end of this quarter and at 288.32 in one year, according to Trading Economics global macro models projections and analysts expectations.
Lithia Motors, Inc. is a provider of personal transportation solutions. The Company offers approximately 33 brands of new vehicles and all brands of used vehicles in 209 locations in 22 states. It operates through three segments: Domestic, Import and Luxury. Its Domestic segment consists of retail automotive franchises that sell new vehicles manufactured by Chrysler, General Motors and Ford. Its Import segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Honda, Toyota, Subaru, Nissan and Volkswagen. Its Luxury segment consists of retail automotive franchises that sell new vehicles manufactured primarily by BMW, Mercedes-Benz and Lexus. The Company also provides products and services including new and used vehicles, finance and insurance products and automotive repair and maintenance.