Honda Presents Honda of Pocatello with 2007 President's Award
|
POCATELLO, Idaho--(BUSINESS WIRE)--March 7, 2008--Honda of Pocatello has been awarded the 2007 President's Award by American Honda Motor Co., Inc. The award is considered Honda's highest dealership honor and is presented to the top 15 percent of Honda dealerships across the country annually that meet the stringent requirements to qualify. This is the second consecutive year that Honda of Pocatello has earned this prestigious honor. To qualify for the award, dealerships are required to achieve a lofty set of objectives in all areas of operation, including customer service and satisfaction, facility operation, training, and sales. More than 1,000 Honda automobile dealerships participate in the program, with 148 earning the President's Award for 2007. "Earning the Honda President's Award takes complete dedication by the entire dealership team," says Richard Colliver, executive vice president of American Honda. "Honda of Pocatello has proven its commitment and has set the bar to which all other dealerships aspire. I encourage you to experience for yourself what makes working with a Honda President's Award dealership that much more rewarding." "We are pleased to be recognized as one of the best Honda dealerships in the nation," said Sid DeBoer, CEO of Lithia Motors, Inc. (NYSE:LAD), parent company of Honda of Pocatello. "The commitment to customer satisfaction displayed by our team members in Idaho is something we strive for at each of our stores." Honda of Pocatello is proud to offer the all-new Accord, in addition to the full line of Honda vehicles -- Civic, Fit, Odyssey, Ridgeline, S2000, Pilot, Element, and the CR-V. 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: 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.
