Lithia Motors Inc V.LAD

Primary Symbol: LAD

Consumer Cyclical Auto & Truck Dealerships

Lithia Motors, Inc. is a global automotive retailer. The Company is engaged in providing an array of products and services throughout the vehicle ownership lifecycle. The Company offers convenient experiences through its comprehensive network of physical locations, e-commerce platforms, captive finance solutions and other synergistic adjacencies. The Company operates through two segments: Vehicle Operations and Financing Operations. Its Vehicle Operations consist of all aspects of its auto merchandising and service operations, including its retail automotive, recreational vehicles, and motorcycle franchises that sell new vehicles, used vehicles, parts, repair and maintenance services, and vehicle finance and insurance products. Its Financing Operations segment provides financing to customers buying and leasing retail vehicles from its Vehicle Operations. The Company operates approximately 473 locations representing 52 brands across the United States, United Kingdom, and Canada.

NYSE:LAD - Post by User

Lithia Motors Inc

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Comment by MurrayMacon Feb 06, 2016 7:27pm

115 Views

Post# 24532530

RE:RE:RE:LAD

jimrockford wrote: I'd say Murray is wrong again - and Mgmt has a heck of a LOT more than we've seen, in hand...

Jim

Sorry, but just quoting the very same managment that you speak of. And they went on public notice, via their Feb 4th press release, that FT funds will be used for "exploration" and NFT funds will be used for overhead.

And then we have the management quote from the same press release, that a drilling contractor is being obtained. For what? Production?

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