0000896595-11-000080.txt : 20110418 0000896595-11-000080.hdr.sgml : 20110418 20110418165437 ACCESSION NUMBER: 0000896595-11-000080 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20110418 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110418 DATE AS OF CHANGE: 20110418 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LITHIA MOTORS INC CENTRAL INDEX KEY: 0001023128 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] IRS NUMBER: 930572810 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14733 FILM NUMBER: 11765921 BUSINESS ADDRESS: STREET 1: 360 E JACKSON ST CITY: MEDFORD STATE: OR ZIP: 97501 BUSINESS PHONE: 541-776-6401 MAIL ADDRESS: STREET 1: 360 E JACKSON ST CITY: MEDFORD STATE: OR ZIP: 97501 8-K 1 ladf8k041811rmacqcov.htm FORM 8-K ladform8-krasmussenacquisiti.htm - Generated by SEC Publisher for SEC Filing

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934

 

 

Date of Report:  April 18, 2011
(Date of earliest event reported)

 

Lithia Motors, Inc.

(Exact Name of Registrant as Specified in Its Charter)

 

Oregon
(State or Other Jurisdiction of Incorporation or Organization)

0-21789
(Commission File
Number)

93 - 0572810
(IRS Employer
Identification No.)

 

360 E. Jackson Street
Medford, Oregon 97501
(address of Principal Executive Offices) (Zip Code)

 

541-776-6868

Registrant's Telephone Number, Including Area Code

 

Not applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[  ]     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[  ]     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[  ]     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[  ]     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 7.01      Regulation FD Disclosure

 

          On April 18, 2011, Lithia Motors, Inc. issued a press release announcing the acquisition of Rasmussen BMW MINI, Mercedes-Benz of Portland and Mercedes-Benz of Wilsonville, located in metropolitan Portland, Oregon.   A copy of the press release is attached as Exhibit 99.1.

 

Item 9.01      Financial Statements and Exhibits.

 

 

(a)

Not applicable.

 

(b)

Not applicable.

 

(c)

Not applicable.

 

(d)

Exhibits.

 

 

  Exhibit 99.1 Press Release

 

SIGNATURES

 

          Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 





Date:  April 18, 2011





By:

LITHIA MOTORS, INC.
(Registrant)


/s/ Kenneth E. Roberts

Kenneth E. Roberts
Assistant Secretary

 

 

 

 

 EX-99.1 2 ladf8k041811rmacqex991.htm EXHIBIT 99.1 ladform8-krasmussenacquisiti.htm - Generated by SEC Publisher for SEC Filing

 

 

EXHIBIT 99.1

 

 

 

LITHIA MOTORS ANNOUNCES ACQUISITION OF BMW AND MERCEDES STORES

 

MEDFORD, OREGON, April18, 2011 – Lithia Motors, Inc. (NYSE: LAD) announced that today it acquired Rasmussen BMW MINI, Mercedes-Benz of Portland and Mercedes-Benz of Wilsonville, located in metropolitan Portland, Oregon. The stores add $176 million in estimated annual revenues.

 

Bryan DeBoer, President and Chief Operating Officer, commented “The Rasmussen group has a strong history in the Portland market. We intend to continue their success and welcome their employees to the Lithia team. We remain focused on seeking exclusive franchises in the markets we serve. Adding luxury brands like Mercedes-Benz, BMW and MINI in a metropolitan market like Portland is a core Lithia strategy.”

 

Greg Rasmussen, President of Don Rasmussen Company, added, “I am pleased that Lithia, an Oregon-based corporation, is purchasing these stores. Continuity to our customers and employees is of critical importance to both of our organizations. Lithia will carry on the proud tradition and heritage of these stores.”

 

About Lithia

Lithia Motors, Inc. is the ninth largest automotive retailer in the United States. Lithia sells 27 brands of new and all brands of used vehicles at 85 stores, which are located in 12 states. 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.

 

For additional information on Lithia Motors, contact John North, VP Finance and Controller at (541) 618-5748.

 

Sites

www.lithia.com

www.lithiacares.com

www.lithiajobs.com

 

Lithia Motors on Facebook

http://www.facebook.com/LithiaMotors

 

Lithia Life on Facebook

http://www.facebook.com/pages/Lithia-Lifecom/34360183908?ref=ts

 

Lithia Life on YouTube

http://www.youtube.com/user/LithiaLife

 

Lithia Life on Twitter

http://twitter.com/LithiaLife

 

 

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