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Fly News Breaks for July 23, 2015
LAD
Jul 23, 2015 | 07:09 EDT
BofA/Merrill downgraded Lithia Motors to Neutral and raised its price target to $131 from $129 citing valuation.
News For LAD From the Last 2 Days
LAD
Apr 23, 2024 | 10:40 EDT
LAD
Apr 23, 2024 | 09:31 EDT
Lithia Motors is readying to cut hundreds of positions following a collapse in the supply of used vehicles after the COVID-19 pandemic, the Financial Times' Peter Campbell reports, citing people with knowledge of the matter. Lithia, which acquired Pendragon dealerships and its used car marketplace CarStore this year, plans to shutter CarStore and cut about 250 jobs across the UK. Reference Link
