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In 2015, Lithia Motors broke into the Fortune 500 list at #482, [11] making it one of only three Oregon-based companies in the Fortune 500. [12] This followed a year that saw the acquisition of the DCH Auto Group, one of the 10 largest dealer groups in the country, with 27 dealerships, before being purchased by Lithia Motors. [ 13 ]
The B36 was discontinued in 1973, although it was no longer used in trucks after 1966. It was the last petrol truck engine built by Volvo and the only V8 engine used in any vehicle, except for the newer Yamaha-built units used in the Volvo XC90 and S80. A marine version, the Volvo Penta AQ180, was available, featuring 180 hp with twin carburetors.
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Lithia Motors has been profitable 10 over the past 10 years. Over the past twelve months, the company had a revenue of $14.7 billion and earnings of $23.07 a share.
Apr. 13—Lithia Motors Inc. on Tuesday said it has acquired the Troy-based Suburban Collection dealerships, connecting its 56 franchises to one of the largest auto retail networks in the country.