Lithia & Driveway Acquires Porsche Beverly Hills and Audi Santa Monica
November 11, 2025
Lithia & Driveway (LAD) acquired two luxury Southern California dealerships — Porsche Beverly Hills and Audi Santa Monica — adding an estimated $450 million of annualized revenue. The purchases, sourced from owner Geoff Emery, expand Lithia's luxury retail network and were financed with existing on‑balance sheet capacity.
- Buyers
- Lithia & Driveway (LAD)
- Targets
- Porsche Beverly Hills, Audi Santa Monica
- Sellers
- Geoff Emery
- Industry
- Automotive
- Location
- California, United States
- Transaction Type
- Buyout
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