Lithia & Driveway announced its ascent to the #124 position on the 2025 Fortune 500 list, marking a 16-position jump from its 2024 ranking of #140. This achievement underscores the company's consistent growth and expanding scale within the U.S. corporate landscape.
The company also solidified its position as the world's largest automotive retailer, securing the No. 1 spot in the Automotive Retail category for the second consecutive year. This leadership is attributed to its diversified omnichannel strategy and operational excellence.
Lithia & Driveway's growth has been driven by a combination of organic expansion, strategic acquisitions, and digital innovation, culminating in $36.2 billion of revenue in 2024. This sustained performance reflects the effectiveness of its business model in a dynamic industry.
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