Lithia Motors Inc. Suspends Quarterly Dividend
January 05 2009 - 4:40PM
Business Wire
Lithia Motors, Inc. (NYSE:LAD) today announced that its Board of
Directors voted to suspend its quarterly dividend for the fourth
quarter of 2008 due to the current economic environment. Last
quarter�s dividend was $0.05 per share. About Lithia Lithia Motors,
Inc. is a Fortune 700 Company, selling 27 brands of new and all
brands of used vehicles at 98 stores, which are located in 42
markets within 13 states. Internet sales are centralized at
www.Lithia.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 $3.2 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.
Lithia Motors (NYSE:LAD)
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