USA: Lithia acquires more Texas dealerships
Lithia Motors has acquired Broncho Chevrolet and Sherman Chevrolet in Odessa and Midland, Texas. The stores, which will be renamed Chevrolet of Odessa and Chevrolet of Midland, had combined sales of approximately $US115 million in 2001. The acquisitions were paid for in cash and were Lithia's eighth and ninth store acquisitions of the year.
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