Lithia Motors earnings rise

Newswire

DETROIT, Oct 28 (Reuters) - Auto dealer group Lithia Motors Inc. said on Tuesday its third-quarter earnings rose on strong sales of new vehicles and services. Lithia said it earned $12.9 million, or 69 cents a share, in the quarter, up from $10.7 million, or 59 cents a share, in the same period a year ago. Revenues rose 6 percent to $728 million.

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