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22.10.25 - 15:06
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Lithia Motors Beats 3Q Estimates (24/7 Wall St.)
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Lithia Motors (LAD) beat both revenue and earnings estimates in Q3 2025, posting $9.70 billion in sales and adjusted EPS of $9.50—outpacing consensus by $210 million and 89 cents, respectively. The automotive retailer's results reflect disciplined execution across its dealership network, with same-store used retail sales climbing 11.8% and after-sales gross profit rising 9.1% on a ... Lithia Motors Beats 3Q Estimates
The post Lithia Motors Beats 3Q Estimates appeared first on 24/7 Wall St.....
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24.09.25 - 23:21
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Swickard Expands Local Footprint with BMW Portland Acquisition (Business Wire)
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Jeff Swickard shows his confidence in Portland's future with significant investmentsPORTLAND, Ore.--(BUSINESS WIRE)--Jeff Swickard, CEO of Swickard Auto Group, announced he purchased BMW Portland yesterday from Lithia Motors. The transaction includes both the high-value franchise and its real estate, reaffirming Swickard's commitment to Portland when others are leaving the city.
“This purchase is a personal and professional investment in Portland,” Swickard said. “Portland has been a part of my life for decades, and this is my way of investing in its future.”
Swickard, a University of Oregon graduate, has long-standing ties to the region. His decision to keep BMW Portland in Goose Hollow, blocks from Providence Park, reflects his commitment to keeping jobs, investment and activity in the city's core. He also purchased the landmark “Big Pink” U.S. Bancorp Tower this summer, which makes his total investment over $110 million in the last six months to help spark Portland's comeback.
Many of B...
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