Lithia & Driveway has acquired Rockwall Hyundai in Rockwall, Texas, as part of its continued strategic network expansion. The dealership is expected to contribute approximately $75 million in annualized revenue, bringing the company's total year-to-date expected annualized revenue from acquisitions to $915 million. The acquisition was financed using the company's existing on-balance-sheet capacity.
Lithia Motors IncLithia & Driveway acquired Rockwall Hyundai, adding ~$75M annualized revenue and bringing YTD acquisition revenue to $915M, financed from existing balance-sheet capacity.
