Lithia & Driveway (LAD) Continues Strategic Network Expansion in Texas with Rockwall Hyundai Acquisition and Provides Share Repurchase Update
Lithia & Driveway announced the acquisition of Rockwall Hyundai in Rockwall, Texas, as part of its ongoing strategic network expansion. The dealership is expected to bring approximately $75 million in annualized revenue.
Why it matters — The acquisition demonstrates Lithia's continued network growth in Texas, which supports its strategic expansion and adds meaningful revenue to its dealership portfolio.