Used-car sales boost Lithia’s Q4 results as new-vehicle sales sag

Strong used-vehicle sales saved Lithia & Driveway's otherwise somewhat disappointing fourth quarter results. And while used profits per unit were stagnant, Lithia sees considerable room to improve in that area. Older cars are the key. “I think there's a stage and an evolution that occurs in selling used cars, that I think we've got the […]