10:43 AM EDT, 06/11/2024 (MT Newswires) -- Lithia Motors' ( LAD ) Lithia & Driveway unit said Tuesday it is expanding in the US southeast region with the purchase of Sunrise Chevrolet Buick GMC at Collierville and Sunrise Buick GMC at Wolfchase in Memphis, Tennessee, and Woodbridge Hyundai in the greater Toronto area.

The new acquisitions are expected to generate more than $240 million in annualized revenue, the company said.

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