Lithia Motors, Inc. (NYSE:LAD) announced the acquisition of Hamilton Honda in Hamilton Township, N.J.
In 2018, the Hamilton Honda generated $160 million in revenue, and was ranked 23rd in the nation and 8th in the New York Metro market among all Honda stores. The dealer lists a collision repair center among its service offerings.
“We’re excited to welcome the Hamilton Honda team. They built strong market share with a very customer focused strategy,” said Bryan DeBoer, Lithia Motors, Inc. President and CEO. He added, “We’re eager to help them translate that share into increased profitability through leveraging our internal performance