Lithia Motors acquires Ford car dealership near Atlanta

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Lithia Motors Inc. has acquired metro-Atlanta dealership Wade Ford, just a little over a week after adding 14 dealerships in Virginia from Priority Auto Group to its stable and continuing an aggressive acquisition strategy that targets reaching $50 billion in revenue by the end of 2025.

Lithia’s purchase of the Smyrna, Ga., dealership northwest of Atlanta is expected to add $285 million in annual revenue and continue its Southeast expansion, the dealership giant said…

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