Lithia Reports Good News on Corporate Earnings

By Jim McCoy Wed 20th February NewsBusiness newsLithia Motors
Medford-based auto retailer Lithia Motors reported during their quarterly conference call that they experienced a 52 percent jump in earnings for the fourth quarter from $12.7 million to $19.3 million. Healthy increases in sales were seen in both new and used vehicles sales- 31 percent for new, and 20 percent for used, says company president Bryan DeBoer. Continued growth is expected for 2013.

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