Lithia: Driveway Finance has $2M loss in Q1, still on track for profitability in 2024

“Lithia: Driveway Finance πŸ“‰ reports $2M loss in Q1, but remains optimistic πŸ’ͺ about achieving profitability in 2024. #EarningsUpdate”

Lithia Q1 2024 earnings: Car dealer Lithia Motors Inc.’s developing captive finance company Driveway Finance Corp. lost $2 million during the first quarter, compared with a $21 million loss a year earlier.

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