Lithia Motors Adds New Calif. Nissan & Kia Store to Lineup
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MEDFORD, Ore. –
Lithia Motors said Monday it has acquired a new dealership in the Sunshine State.
The dealership group added Stockton Nissian Kia located in Stockton, Calif., to its store lineup this week.
The store will be renamed Nissan and Kia of Stockton.
The company shared that the new store will add an estimated $45 million in annual revenues.
Bryan DeBoer, president and chief executive officer, commented on the news, noting, “The Stockton market is attractive for Lithia as it complements our existing footprint in northern California.
“We believe the Nissan and Kia store is poised for success as exclusive franchises in Stockton. We are pleased to welcome the stores to our family, and to grow our regional presence in the central valley of California,” he continued.
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