| Business Summary | | Lithia
Motors,
Inc.
is
an
operator
of
automotive
franchises
and
retailer
of
new
and
used
vehicles
and
services.
The
Company
offered
26
brands
of
new
vehicles,
through
114
franchises
in
56
locations
in
the
western
United
States
and
over
the
Internet.
The
Company
operates
15
stores
in
Oregon,
14
in
California,
seven
in
Washington,
six
in
Colorado,
six
in
Idaho,
five
in
Nevada,
two
in
South
Dakota
and
one
in
Alaska.
Lithia
sells
new
and
used
cars
and
light
trucks,
sells
replacement
parts,
provides
vehicle
maintenance,
warranty,
paint
and
repair
services,
and
arranges
related
financing
and
insurance
for
its
automotive
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Lithia
Motors
is
an
operator
of
new
and
used
vehicles
and
services
through
a
well
developed
franchise
system
with
its
auto
manufacture
partners.
For
the
six
months
ended
6/30/01,
net
sales
increased
8%
to
$882.2
million.
Net
income
decreased
29%
to
$7.9
million.
Revenues
reflect
increased
sales
of
used
vehicles
and
improvements
in
service,
body
and
parts
division.
Earnings
were
offset
by
higher
variable
expenses
related
to
the
increase
in
the
number
of
locations. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Sidney DeBoer, 57 Chairman,
Sec., CEO | $432K | $214K | M. L. Dick Heimann, 57 Pres,
COO | 341K | 588K | Jeffrey DeBoer, 36 CFO,
Sr. VP | -- | -- | R. Bradford Gray, 49 Exec.
VP | 300K | 220K | W. Douglas Moreland, 52 Sr.
VP- Regional Operations- Colorado, Director | -- | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|