Lithia & Driveway (LAD) Rises to Number 124 on 2025 Fortune 500
Lithia & Driveway (LAD) Rises to Number 124 on 2025 Fortune 500 |
[03-June-2025] |
MEDFORD, Ore., June 3, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) has announced that the company now ranks #124 on the 2025 Fortune 500 list, rising 16 positions from its 2024 ranking of No. 140. In addition, the company has strengthened its position as the world's largest automotive retailer, securing the No. 1 spot in the Automotive Retail category for the second year in a row. Published annually, the Fortune 500 list ranks the largest U.S. corporations by total revenue. Lithia & Driveway first appeared on the list in 2015 at #482 with revenue of $7.9 billion. Over the past decade, the company has demonstrated consistent growth, steadily advancing its standing by achieving $36.2 billion of revenue in 2024. "Advancing to No. 124 on the Fortune 500 and maintaining our leadership in automotive retail underscores the strength of long-term growth strategy and the disciplined execution of our business model," said Bryan DeBoer, President and CEO of Lithia & Driveway. "As we continue to grow, we remain committed to driving operational excellence, accelerating our growth, and delivering exceptional experiences that meet customers wherever they are." Lithia & Driveway's growth has been driven by a combination of organic growth, strategic acquisitions, digital innovation, and a growing network of dealerships. About Lithia & Driveway (LAD) Sites Lithia & Driveway on Facebook Lithia & Driveway on X Lithia & Driveway on LinkedIn Lithia & Driveway on YouTube
SOURCE Lithia Motors, Inc. | ||
Company Codes: NYSE:LAD |