Lithia & Driveway to acquire two stores from Mercedes-Benz.

Lithia & Driveway, an automotive retailer, to acquire two stores from Mercedes-Benz, a global automotive manufacturer. Financial terms were not disclosed. "We are thrilled to expand our presence in the Southeast with the addition of these two premier Mercedes-Benz stores. These acquisitions align with our strategic focus on growing in high-performing regions and strengthen our luxury brand portfolio. We look forward to building on the strong foundations these teams have established and accelerating the stores' growth and potential as part of our omnichannel ecosystem," Bryan DeBoer, Lithia & Driveway President and CEO.