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$LAD New Press Release:

Driveway Transacts 800 Units in July, a 45% increase month-over-month and LAD Expands Network with Open Points

Lithia & Driveway (NYSE: LAD) reported transaction volume acceleration and are exceeding mid-year projections. Driveway reported 800 transactions in the month of July, compared to 550 in June, a 45% increase month-over-month. The company is now pacing nearly 10,000 annual transactions and one large step closer to the year-end run rate target of 15,000. "Our omni-channel approach is proving to be a welcome solution providing consumers choices of when, where and how they transact. With Driveway, w (...)

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