Lithia Motors Announces Conference Call Information for the Release of Third Quarter 2000 Earnings LITHIA AUTOMOTIVE GROUP LOGO Lithia Automotive Group logo. Contact: Betty Whitney, 541-776-6591. (PRNewsFoto)[DM] MEDFORD, OR USA 09/09/1999
17 October 2000
Lithia Motors Announces Conference Call Information for the Release of Third Quarter 2000 Earnings LITHIA AUTOMOTIVE GROUP LOGO Lithia Automotive Group logo. Contact: Betty Whitney, 541-776-6591. (PRNewsFoto)[DM] MEDFORD, OR USA 09/09/1999MEDFORD, Ore., Oct. 17 Lithia Motors, Inc. will be delivering the results for its third quarter 2000 on Monday, October 23rd, at 11 a.m. PT, 12 a.m. MT, 1 p.m. CT and 2 p.m. ET. (Photo: http://www.newscom.com/cgi-bin/prnh/19990909/LITHIALOGO ) The call will follow a press release that will be released earlier that morning. HOW TO PARTICIPATE: DOMESTIC AND INTERNATIONAL CALLS: 973-633-1010 Please call in at least 10 minutes prior to the beginning of the call. To listen LIVE or for REPLAY: Log-on to http://www.Lithia.com -- Go to Investor Info -- and scroll down to the Conference Call Icon. The replay will be available at our website until Wednesday, February 20th 2000. A recorded replay will be available directly after the call until October 30th 2000. REPLAY NUMBER: 402-220-1742 Lithia operates 108 franchises in California, Oregon, Washington, Nevada, Colorado, Idaho and South Dakota. Lithia sells 26 brands of new vehicles at 51 stores and over the Internet through "Lithia.com -- America's Car & Truck Store." 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 52,485 new and used vehicles in 1999, and 33,466 new and used vehicles in the first half of 2000. Lithia's current annualized revenue run rate, including all completed acquisitions, is over $1.7 billion. This press release may include forward-looking statements. These statements should be evaluated together with additional information about Lithia's business markets, conditions and other uncertainties, which are contained in the company's filings with the SEC. Specific risks included in this press release include revenue run rate. For additional information on Lithia Motors, contact: Jeff DeBoer, Senior VP and Chief Financial Officer, 541-776-6868, (E-mail: invest@lithia.com) or Dan Retzlaff, Investor Relations at 541-776-6819 or log-on to: http://www.lithia.com/CDA_2/CDA_templates/about_lithia_frameset2?pageID=G1.