Lithia & Driveway Donates Over $500,000 to Automotive Programs Nationwide to Support the Next Generation of Automotive Technicians
Rhea-AI Summary
Lithia & Driveway (NYSE: LAD) donated over $500,000 to support automotive education through its Helping Drive the Future Initiative. Eleven colleges and technical schools will each receive $50,000 for equipment, technology, and curriculum needs, plus hiring, internships, job shadowing and networking opportunities with local dealers.
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News Market Reaction – LAD
On the day this news was published, LAD declined 1.37%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Mar 03 | Dealership acquisition | Neutral | -0.5% | Purchase of Mercedes-Benz of Medford and related real estate near headquarters. |
| Mar 03 | Strategic acquisitions | Neutral | -0.5% | Acquisitions adding $225 million annualized U.S. revenue using balance sheet capacity. |
| Feb 11 | Earnings results | Neutral | -1.9% | Record 2025 revenue $37.63B, strong EPS, share repurchases and acquisitions. |
| Feb 10 | Partnership news | Neutral | -1.4% | TraXtion named Core Preferred Partner for diagnostic systems across dealer network. |
| Jan 22 | Earnings scheduling | Neutral | -0.7% | Announcement of timing and access details for Q4 and full-year 2025 results call. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent news for Lithia & Driveway has focused on expansion and financial performance. On Feb. 11, 2026, the company reported record full-year 2025 revenue of $37.63 billion and strong EPS, followed by an 8-K reiterating those results. Earlier, it scheduled the earnings release for Feb. 11, 2026. On Mar. 3, 2026, Lithia announced acquisitions including Toyota of Gallatin and Mercedes-Benz of Medford, adding $225 million of annualized revenue. Today’s donation-focused announcement reflects community investment alongside this growth trajectory.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MEDFORD, Ore., March 10, 2026 (GLOBE NEWSWIRE) -- Lithia & Driveway (NYSE: LAD) today announced a donation of over
These donations underscore Lithia’s commitment to giving back to the community, investing in future talent, and supporting students with an interest in the automotive industry. In addition to monetary support, LAD prioritizes hiring interns and full-time employees out of these schools, while also providing job shadowing opportunities and hosting networking events.
“The next generation of Lithia & Driveway employees are currently enrolled in these programs,”said Bryan DeBoer, CEO of Lithia & Driveway. “We’ve built our business on the idea of growth powered by people, and supporting automotive programs in our communities is a natural extension of that philosophy.”
The programs receiving a
This funding will help allow them to increase their student’s career-readiness while providing them with hands-on, real-world experiences alongside Lithia dealers and employees.
Nearly 50 Lithia dealerships in each of these communities have worked directly with students throughout the month, participating in networking events and on-site check presentations.
About Lithia & Driveway (LAD)
Lithia & Driveway (NYSE: LAD) is the largest global automotive retailer making Auto Done Easy by providing simple, transparent, and convenient experiences throughout the ownership lifecycle. LAD helps customers take care of any vehicle need through a comprehensive network of physical locations, e-commerce platforms, captive finance solutions, fleet management offerings, and other synergistic adjacencies. Celebrating 80 years in business in 2026, LAD consistently delivers profitable growth in a massive and unconsolidated industry. Its highly diversified and competitively differentiated design provides LAD with the flexibility and scale to pursue its vision to modernize personal transportation solutions wherever, whenever and however consumers desire.
About Lithia & Driveway (LAD)
Lithia & Driveway (NYSE: LAD) is the largest global automotive retailer making Auto Done Easy by providing simple, transparent, and convenient experiences throughout the ownership lifecycle. LAD helps customers take care of any vehicle need through a comprehensive network of physical locations, e-commerce platforms, captive finance solutions, fleet management offerings, and other synergistic adjacencies. Celebrating 80 years in business in 2026, LAD consistently delivers profitable growth in a massive and unconsolidated industry. Its highly diversified and competitively differentiated design provides LAD with the flexibility and scale to pursue its vision to modernize personal transportation solutions wherever, whenever and however consumers desire.
The 80th Celebration
https://www.lithiadriveway.com/80-years
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