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October 10, 2001
Lithia Motors
Lithia Motors of Medford, Ore., completed cash acquisitions of Ted Tufty Dodge in Sioux Falls, S. D., and Seattle BMW. The stores have estimated 2001 sales of $35 million and $50 million, respectively. Lithia Motors is a Fortune 1000 and Russell 2000 company and operates 119 franchises in California, Oregon, Washington, Nevada, Colorado, Idaho, South Dakota and Alaska.