Lithia Motors, Inc., is an operator of automotive franchises and a retailer of new and used vehicles and services. The Company sells new and used cars and light trucks and replacement parts; provides vehicle maintenance, warranty, paint and repair services; and arranges related financing, service contracts, protection products and credit insurance. As of February 24, 2012, it offered 25 brands of new vehicles and all brands of used vehicles in 86 stores in the United States and online at Lithia.com. Its dealerships are primarily located throughout the Western and Midwestern regions of the United States. In February 2014, the Company acquired Island Honda of Kahului, Hawaii. In February 2014, Lithia Motors Inc acquired Hammer Lane Volkswagen in Stockton, California. In March 2014, the Company acquired Honolulu Buick GMC Cadillac and Honolulu Volkswagen in Honolulu, Hawaii.