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Lithia Motors, Inc. is a global automotive retailer. The Company offers an array of products and services fulfilling the entire vehicle ownership lifecycle, including new and used vehicles, financing and insurance products and automotive repair and maintenance. It offers vehicles through its comprehensive network of physical locations, e-commerce platforms, captive finance solutions.
The Company operates through two segments: Vehicle Operations and Financing Operations. The Vehicle Operations segment consists of all aspects of the Company’s auto merchandising and service operations, excluding financing provided by its Financing Operations. The Financing Operations segment provides financing to customers buying and leasing retail vehicles from its Vehicle Operations. Its Driveway and GreenCars brands complement in-store experiences in the United States and provide convenient and transparent platforms that serve its e-commerce home solutions and allow them to deliver digital experiences. .