Lithia Motors is the fourth largest concession group in the US and is publicly traded. It had a turnover of $ 10,087M in 2017 and sold 297,000 units (New and Used vehicles), with 15,000 employees in 186 dealerships. This interesting document is an extract of the Investors Report published on the occasion of the announcement of the 2018 Q1 Results, and it sets forth its criteria for the purchase and the method used to assess whether or not it has been a good decision.

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July 18th 2018