Lithia Motors bought Fresno Lincoln Volvo, the Medford, Ore.-based company announced Friday. The purchase sets off a shuffling of Lithia dealerships in Fresno.
The Lincoln dealership, now on Blackstone Avenue near Shaw Avenue, will move to the site of the current Lithia Ford dealership on Auto Center Drive. The Mazda dealership that is now in that space will be moved to the Blackstone Avenue space and operate alongside Fresno Volvo.
The purchase of Fresno Lincoln Volvo adds $15 million in estimated annual revenues and another prime location, said Bryan DeBoer, president and CEO.
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