Lithia Q1 net income down 28% as margins slip

“Lithia Motors Q1 net income drops 28% ⬇️ as margins slip. Sold 188,119 vehicles with $4,346 gross profit 💰 #automotiveindustry”

Lithia Motors said it sold 188,119 new and used vehicles with a gross profit of $4,346 in the first quarter.

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