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Lithia Motors (LAD) Acquires California-Located Kemp Ford

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Lithia Announces Acquisition of Ford Store

August 11, 2016 2:37 PM EDT

MEDFORD, OR -- (Marketwired) -- 08/11/16 -- Lithia Motors, Inc. (NYSE: LAD) has acquired Kemp Ford in Thousand Oaks, California. The store will be renamed DCH Ford of Thousand Oaks and will add $65 million in estimated annual revenues.

Bryan DeBoer, President and Chief Executive Officer,... More