Lithia Motors Acquires Mercedes-Benz of Medford From Lancaster County Motors

Lithia & Driveway Acquires Two Mercedes‑Benz Dealerships from the Higginbotham Family

June 2, 2025

Automotive

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.

Lithia & Driveway Acquires Porsche Beverly Hills and Audi Santa Monica

November 11, 2025

Automotive

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.

Lithia Motors Acquires Ferrari, Bentley and Lotus Dealerships in Denver

December 13, 2022

Automotive

Lithia Motors purchased three Denver-area luxury dealerships — Ferrari of Denver, Bentley of Denver and Lotus (Lotus of Denver) — in a transaction brokered by Pinnacle Mergers & Acquisitions. The dealerships were sold by owner Aleks Vekselberg as Lithia expands its luxury and regional retail footprint in Colorado.

Dream Motor Group Acquires Toyota of Montgomery and Lexus of Montgomery for $151M

November 24, 2025

Automotive

Dream Motor Group, led by Nick Saban and Joe Agresti, purchased Toyota of Montgomery and Lexus of Montgomery in Montgomery, Alabama from Sutherlin Automotive Group in a deal valued at $151 million. Pinnacle Mergers & Acquisitions served as the broker; the acquisition expands Dream Motor Group’s luxury and performance dealership footprint across the Southeast.

Lithia & Driveway Acquires Subaru of Mobile and Michael's Subaru of Bellevue

July 27, 2021

Transportation

Lithia & Driveway (LAD) has acquired Subaru of Mobile in Mobile, Alabama and Michael's Subaru in Bellevue, Washington. The acquisitions expand LAD's footprint in the Southeast and Northwest regions, add approximately $155 million of expected annualized revenue, and were financed using existing on-balance sheet capacity.

Swickard Auto Group Acquires BMW of Portland from Lithia Motors

September 25, 2025

Automotive

Swickard Auto Group, led by Jeff Swickard, has purchased BMW of Portland (including its real estate) from Lithia Motors. The acquisition preserves dealership jobs and keeps the BMW franchise in the Goose Hollow neighborhood as Swickard expands his Oregon footprint and local investments.