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Lithia Motors, Inc. (NYSE:LAD) reported fourth-quarter adjusted earnings per share of $7.79 on Wednesday, beating the street view of $7.24. Quarterly sales of $9.22 billion (up 20% year over year ...
Lithia Motors began in 1946 when Walt DeBoer opened a single car dealership in Ashland, Oregon.In the first year, the five-person company sold 14 cars. [16] In 1968, Walt's son, Sidney DeBoer, took over the business and incorporated Lithia Motors Inc. Sidney reorganized the business and in 1970 purchased a Dodge dealership in Medford.
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.
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The Herring Motor Car Company Building, now known as 10th Street Lofts, is a historic building located in downtown Des Moines, Iowa. The building is a six-story brick structure rising 90 feet (27 m) tall. [2] It was designed by the Des Moines architectural firm of Proudfoot, Bird & Rawson in the Classical Revival style.
The building is located on Des Moines' historic Auto Row, and it housed automobile-related businesses. Walnut Tire and Battery Co. built the original section for their own use and to rent space to tenants. They built the second section to increase the tenant space. The building was listed on the National Register of Historic Places in 2017. [1]
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