Lithia Motors Second Quarter 2008 Earnings Release and Conference Call Scheduled for August 7th, 2008
|
MEDFORD, Ore.--(BUSINESS WIRE)--July 25, 2008--Lithia Motors, Inc. (NYSE:LAD) today announced that its second quarter 2008 earnings will be released on Thursday, August 7th, 2008 at 1:05 p.m., PT. The Company will also be providing updated information on the progress of the restructuring plans outlined on June 2nd, 2008. CONFERENCE CALL INFORMATION A conference call to discuss the earnings results and the restructuring plan progress is scheduled for the same day at 2:00 p.m. PT. HOW TO PARTICIPATE: Please call in at least 10 minutes prior to the beginning of the call. To listen LIVE on our website or for REPLAY: Log-on to www.Lithia.com - Go to Investor Relations - and click on the Conference Call Icon. A playback of the conference call will be available on the same day, approximately two hours after completion of the call, and will be available until August 21, 2008. The playback can be accessed by calling 800-642-1687 (access code: 55683004) or by visiting the Investor Relations section of the Lithia Motors website; www.Lithia.com. About Lithia Lithia Motors, Inc. is a Fortune 700 Company, selling 28 brands of new and all brands of used vehicles at 110 stores, which are located in 46 markets within 15 states. Internet sales are centralized at www.Lithia.com, or through the recently launched www.L2Auto.com. Lithia also sells used vehicles; arranges finance, warranty, and credit insurance contracts; and provides vehicle parts, maintenance, and repair services at all of its locations. Lithia retailed 105,108 new and used vehicles and had $3.22 billion in total revenue in 2007. Additional Information For additional information on Lithia Motors, contact the Investor Relations Department: 541-618-5770 or log-on to: www.lithia.com - go to Investor Relations. CONTACT: Lithia Motors, Inc. |
Safe Harbor Statement under the Private Securities Reform Act of 1995
With the exception of historical information, the matters discussed or incorporated by reference in this Annual Report include forward-looking statements. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risks including those set forth from time to time in the Company's filings with the SEC. These risk factors include, but are not limited to, the cyclical nature of automobile sales and the intense competition in the automobile retail industry, the Company's ability to negotiate profitable acquisitions, and the ability to secure manufacturer approvals for such acquisitions.
