News Bulletin
Daily News Portal
Browsing Category

Headlines

Why U.S. retail giant Lithia aims to expand into Europe

David Whiston, an analyst with Morningstar in Chicago who covers public auto retailers, called Lithia an opportunistic buyer in a fragmented space with "tons of options" in the U.S. and in English-speaking foreign markets. "If they see something, they can go after it," Whiston said, noting Lithia has flexibility with its credit lines. So even…
Read More...