Lithia Motors to Present at the Stephens Inc. Fall Investment Conference November 15, 2007

MEDFORD, Ore.--Lithia Motors, Inc. today announced that Chairman and CEO Sid DeBoer; and Jeff DeBoer, Chief Financial Officer will present at the Stephens Inc. Fall Investment Conference being held at the New York Palace Hotel in New York City at 1:45 pm Eastern on November 15, 2007.

This conference will have a slide presentation which will be available at our Investor Relations section of Lithia’s website. Log-on to: www.lithia.com – go to Investor Relations.

About Lithia

Lithia Motors, Inc. is a Fortune 700 and Russell 2000 Company. Lithia sells 30 brands of new vehicles at 108 stores which are located in 46 markets within 15 states. Internet sales are centralized at www.Lithia.com , or through their recently launched www.L2.com. Lithia also sells used vehicles; arranges finance, warranty, and credit insurance contracts; and provides vehicle parts, maintenance, and repair services at all of its locations. Lithia retailed 109,648 new and used vehicles and had $3.17 billion in total revenue in 2006.

Additional Information

For additional information on Lithia Motors, contact the Investor Relations Department: 541-618-5770 or log-on to: www.lithia.com – go to Investor Relations.