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 October 31, 2014, the Company offers 30 brands of vehicles and all brands of used vehicles in 129 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. The Company’s operations involve the use, handling, storage and contracting for recycling and/or disposal of materials such as motor oil and filters, transmission fluids, antifreeze, refrigerants, paints, thinners, batteries, cleaning products, lubricants, degreasing agents, tires and fuel.