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0 of 3 Premium Clicks used this month SUBSCRIBE Print + Online Subscriber Activation | Register x Forgot Password | Need an Account? e-edition | subscribe | newsletter | deals Classifieds Jobs Autos Real Estate FEATURED » NEWS NOW Medford standoff ends with man in custody ... Wildlife Images golden eagle gets cataract removed in Medford ... Portland, feds meet on changes to police use-of-force reporting ... Medford standoff ends with man in custody ... Wildlife Images golden eagle gets cataract removed in Medford ... Portland, feds meet on changes to police use-of-force reporting ... AUTO RETAILING Lithia Motors buys its first Massachusetts dealership Comment By Greg Stiles Mail Tribune Follow @@GregMTBusiness MailTribune.com By Greg Stiles Mail Tribune Follow @@GregMTBusiness Posted Feb. 2, 2016 at 8:36 AM Updated Feb 2, 2016 at 4:24 PM By Greg Stiles Mail Tribune Follow @@GregMTBusiness Posted Feb. 2, 2016 at 8:36 AM Updated Feb 2, 2016 at 4:24 PM » Social News Lithia Motors said today it has acquired Ira Toyota/Scion of Milford, Mass., a community centered between three of New England's largest cities, Boston, Worcester, Mass., and Providence, R.I. The store will be renamed DCH Toyota/Scion of Milford and will add $65 million in estimated annual revenue to the $7 billion-plus company. Last week, the Medford auto retailer announced acquisition of Riverside Subaru in Southern California, renaming it DCH Subaru of Riverside. The company anticipated that dealership would add annual revenue of $45 million. Bryan DeBoer, Lithia president and CEO, said the Massachusetts purchase is the first along the eastern seaboard for the company. "DCH Toyota/Scion of Milford is our first store in the state of Massachusetts and provides a platform for expansion into the greater Boston metropolitan area," DeBoer said in a statement. "We remain focused on continued acquisition growth within both rural and metropolitan markets in the future." DeBoer said Lithia has its eyes on 1,400 metropolitan stores in addition to more than 1,200 possible targets within its present markets. "We look forward to continued acquisition growth in the future," he said. Lithia now operates 138 auto stores in 15 states. By Greg Stiles Mail Tribune Follow @@GregMTBusiness MailTribune.com By Greg Stiles Mail Tribune Follow @@GregMTBusiness Posted Feb. 2, 2016 at 8:36 AM Updated Feb 2, 2016 at 4:24 PM » Comment or view comments Reader Reaction » STAY INFORMED Email NewsLetter Sign Up Today Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. Southern Oregon Directory Featured Businesses Loading... Business Name address Location, ST | website.com Find Southern Oregon Attractions Bars Restaurants Beauty Salons Entertainment Doctors Medical Specialists Contractors Education Lawn Services Lawyers Shopping Travel Tanning Used Cars Wedding Services ▼ Add your business here + Events Calendar Connect with MailTribune.com Facebook Twitter RSS Back to top Reader Services Reader Services Home Subscriptions Subscriber controls Contact us Submissions Photos Events Letters to the editor Corrections Announcements Obituaries Story ideas Since you asked Alerts Email Alerts RSS Feeds Text Alerts Advertise Media Kit Home Products and services Ad rates Advertising contacts Propel Marketing Mail Tribune Daily Tidings The Nickel Shop Our Valley Blogs Mobile Site Stay Informed Email newsletter Sign Up Today Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. Your privacy is important, read our privacy policy. © Copyright 2016 Local Media Group, Inc. All Rights Reserved. Privacy Policy | Terms of Service | Local Media Group Publications Original content available for non-commercial use under a Creative Commons license, except where noted. MailTribune.com | P.O. Box 1108, Medford, OR 97501