Lithia Motors is a retailer of new and used vehicles and related services. The company offers 27 brands of vehicles at 92 stores primarily throughout the Western United States. The company has expanded largely through the acquisition of dealerships in smaller regional markets. Annual revenue is more than $3 billion, with new-car sales accounting for about 56% of the total. Lithia was founded in 1946, went public in 1996, and is now the ninth-largest U.S. auto dealership. It is based in Medford, Ore.