All American Chevrolet of Midland Earns General Motors ''Mark of Excellence Award''
|
MIDLAND, Texas--(BUSINESS WIRE)--April 2, 2008--General Motors continues to recognize superior performance and takes great pride in rewarding dealerships for their hard work and dedication. That's why GM is proud to announce that All American Chevrolet of Midland has been named the recipient of the 2007 GM Mark of Excellence. The Mark of Excellence is an accomplishment reserved for only a select few outstanding GM dealerships for achieving a superior sales volume, and for exceptional dedication to customer service and satisfaction. Sid DeBoer, CEO of Lithia Motors, Inc. (NYSE:LAD) received the award on behalf of the store. "We are proud to have General Motors recognize our commitment to our customers," said DeBoer. "Even more important to our team is that our customers recognize that we are committed to their satisfaction. Our team members in Midland do a wonderful job, and I really appreciate the efforts of the store's General Manager, Katherine Alexander. She has really worked hard with our Regional Vice President, Darren Dortch, to create an atmosphere that our customers and team members appreciate," continued DeBoer. About Lithia Lithia Motors, Inc. is a Fortune 700 and Russell 2000 Company. Lithia sells 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 105,323 new and used vehicles and had $3.23 billion in total revenue in 2007. Lithia is publicly traded (NYSE:LAD) and is available on the web at www.Lithia.com. CONTACT: General Motors |
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.
