Hi, today we are going to talk about Lithia Motors and its current landscape.
Lithia Motors has been having a good year, the auto retail company has been quite prominent in the sector, with solid fundamentals, the company can continue to be benefited from the changes that e-commerce has inflicted on the automotive retail industry, which has been responsible for a small percentage of the sales, holding them a huge potential of growth. Lithia Motors also has completed an amendment and extension of its existing syndicated credit facility to boost the total financing commitment to $2.8 billion, which can help the company improve its sales performance.
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Lithia Motors has been having a good year, the auto retail company has been quite prominent in the sector, with solid fundamentals, the company can continue to be benefited from the changes that e-commerce has inflicted on the automotive retail industry, which has been responsible for a small percentage of the sales, holding them a huge potential of growth. Lithia Motors also has completed an amendment and extension of its existing syndicated credit facility to boost the total financing commitment to $2.8 billion, which can help the company improve its sales performance.
Thank you for reading and leave your comments if you like.
To have access to our exclusive contents, join the Traders Heaven today! Link Below.
Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice.