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|Tuesday, August 10, 2010|
The last time I spoke with Sid DeBoer, his two key suppliers, GM and Chrysler, had recently declared bankruptcy and his company, Lithia Motors, was recovering from its worst year ever. But he had a plan to turn things around. A year and a half later, it seems to be working.
The end result is that Lithia is once again snapping up promising businesses rather than shedding assets and cutting jobs. That is good news for the company and the economy.
Ben Jacklet is managing editor of Oregon Business.
Read Oregon Business' 2006 profile of Lithia Motors.
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