MEDFORD, Ore. -

Lithia Motors announced on Friday it has added a new Subaru store to its store count in California.

The dealer group has acquired Riverside Subaru of Riverside, Calif., which will be renamed DCH Subaru of Riverside. This is the first DCH acquisition for the company, after Lithia acquired DCH Auto in 2014.

The company shared this purchase will garner $45 million in estimated annual revenues.

Bryan DeBoer, Lithia president and chief executive officer, said, "We are pleased to announce the first west coast acquisition within our metropolitan market strategy with DCH Subaru of Riverside. Subaru is a valued partner and we are excited to enhance our strong relationship.

“Our combination with DCH provided over 1,400 metropolitan store acquisition targets in addition to over 1,200 acquisition targets within Lithia markets. We look forward to continued acquisition growth in the future,” he continued.

This news comes after Lithia announced in early January it purchased Barton Chrysler Jeep Dodge Ram Alpha Fiat, located in Spokane, Wash.