Lithia enters U.K. with acquisition of Jardine Motors

Lithia Motors Inc., as part of its aggressive dealership acquisition strategy, has succeeded in its bid to enter the United Kingdom with the purchase of Jardine Motors Group, CEO Bryan DeBoer confirmed to Automotive News.
DeBoer said the deal, which closed Wednesday, was "more affordable than what we typically find ... in the United States," but he did not disclose a specific amount.