Lithia & Driveway Acquires Two Mercedes‑Benz Dealerships from the Higginbotham Family
June 2, 2025
Lithia & Driveway (Lithia Motors, Inc.) has acquired Mercedes‑Benz of Jackson (Mississippi) and Mercedes‑Benz of Collierville (Tennessee), including associated real estate, from members of the Higginbotham family. The purchases expand Lithia's luxury-brand footprint and store density in the Southeast as part of its continued acquisition strategy.
- Targets
- Mercedes-Benz of Jackson, Mercedes-Benz of Collierville
- Sellers
- Trudy Higginbotham Moody, Wallis Higginbotham, Higginbotham family
- Industry
- Automotive
- Location
- United States
- Transaction Type
- Buyout
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