Lithia sells 31 brands of new vehicles and all brands of used vehicles at 138 stores in 15 states. is one of the largest automotive retailers in the United States.
We remain focused on continued acquisition growth within both rural and metropolitan markets in the future." DCH Toyota / Scion of Milford is our first store in the state of Massachusetts and provides a platform for expansion into the greater Boston metropolitan area. This is the second store acquired by DCH and complements the Riverside Subaru acquisition announced last week. The store will be renamed DCH Toyota / Scion of Milford and will add $65 million in estimated annual revenues.īryan DeBoer, President and Chief Executive Officer, commented, "We are pleased to announce the first east coast acquisition within our metropolitan market strategy with DCH Toyota / Scion of Milford. (NYSE: LAD) has acquired Ira Toyota / Scion of Milford, Massachusetts.
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