WebAugust 7, 2024 — UPDATE BELOW — Sources confirm Lithia Motors is nearing completion of its pending acquisition of the Downtown LA Auto Group from the Shammas Group, its second large acquisition this year. The deal is likely to close as early as this week. In May, Lithia acquired six of the Baierl Group dealerships in the Pittsburgh selling ... Web11 aug. 2024 · Lithia Motors buys 8 Downtown Los Angeles Auto Group dealerships for roughly $150M. Auto giant closed on a deal to acquire an arm of Shammas Group
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