Performance Brokerage Services Represents Lithia & Driveway (LAD) on the Sale of North Branch Chevrolet in Minnesota
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Performance Brokerage Services facilitated the sale of North Branch Chevrolet in Minnesota from Lithia & Driveway (LAD) to Tyler Kadlec of Tom Kadlec Automotive.
December 16, 2024 | 8:15 am
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Lithia & Driveway (LAD) has sold North Branch Chevrolet in Minnesota to Tyler Kadlec of Tom Kadlec Automotive, as facilitated by Performance Brokerage Services.
The sale of North Branch Chevrolet is a strategic move by Lithia & Driveway (LAD) to possibly streamline or refocus its dealership portfolio. While this transaction is significant, it may not have a major immediate impact on LAD's overall financial performance given the size of the company. However, it could indicate a strategic shift or realignment in their operations.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80