LAD Lithia Motors Inc

Lithia Motors, Inc. (NYSE:LAD) today announced its continuing and expanded national agreement with Car Fax as their preferred provider of vehicle history reports. All vehicles appraised and sold at Lithia Motors stores across the country will have a Full Detailed Car Fax Vehicle History Report. "By continuing to team up with Car Fax nationally, we are able to better provide one of the critical pieces of information that a buyer wants when making a used vehicle purchase. We have used Car Fax reports in select stores in the past, now consumers shopping at any one of our 94 stores can buy with even greater confidence, knowing that all vehicles come with a Full Vehicle History Report," said Lithia Motors President and COO Bryan DeBoer. "Lithia's operating practices and standards are designed to maximize the customer experience by providing more information while speeding up the buying process. This is an important step towards achieving that goal across our entire store network. Every one of our retail units will now be backed by two of the most trusted names in the used car business -- Lithia and Car Fax." Car Fax Vehicle History reports will be available to all of our customers wherever Lithia Motors sells cars, both on their lots and on the Internet. Vehicles for sale on the Internet will include links to Car Fax Reports that consumers can access, for free, with the click of the mouse. "We're working hard with our dealer customers to help them maximize the effectiveness of the Car Fax Vehicle History Reports," said Car Fax President Dick Raines. "Providing detailed information about a vehicle's past and mechanical inspections is helping dealers across the country build consumer confidence." About Lithia Motors Lithia Motors, Inc. is a Fortune 1000 and Russell 2000 Company that sells 25 brands of new vehicles and operates 94 stores and 189 franchises in 12 states in the Western United States and over the Internet through "Lithia.com-America's Car & Truck Store." 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. About Car Fax Founded in 1986, Car Fax pioneered the concept of the vehicle history report. Car Fax Vehicle History Reports, the most comprehensive collection of used vehicle information ever assembled can confirm a clean title history or help purchasers identify previous salvage history, odometer fraud, flood damage, frame damage, previous accidents and more. Car Fax, Inc., based in Fairfax, Virginia, is a wholly owned subsidiary of the R.L. Polk & Co.