When Walt DeBoer developed a plan to open a Chrysler-Plymouth-Dodge dealership in Ashland, Oregon, he decided to name the store after a nearby mineral spring and Lithia Motors was born. The year was 1946.
Today, Lithia Motors, Inc. (NYSE: LAD) is one of the largest auto retailers in the nation. Offering virtually every brand of new and used vehicle, publicly-traded Lithia has been recognized as one of the fastest growing Fortune 500 companies. Led by 3rd generation family and the best part, they are still growing.