Lithia motors, inc. announces addition of chrysler dodge jeep ram fiat and subaru stores in morgantown, west virginia

Lithia motors, inc. announced the addition of chrysler dodge jeep ram fiat and subaru stores in morgantown, west virginia. these stores join ford lincoln of morgantown, acquired in june 2019, as part of the lithia nationwide network reaching 82% of the u.s. lithia anticipates that the new morgantown locations will generate approximately $100 million in annual revenue. the stores exemplify lithia’s exclusive market strategy and its technique of acquiring strong stores that are underperforming relative to their potential. in 2018, lithia increased revenue 17.2% and climbed 29 spots to #265 on the fortune 500.
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