Lithia & Driveway completed the sale of its Carson Nissan dealership located in Carson, California. The dealership was acquired by David Massoudi of Mass Auto Group, marking a strategic adjustment to Lithia's retail network.
This divestiture is part of Lithia's ongoing efforts to optimize its portfolio and focus on high-performing assets within its extensive network. The transaction was facilitated by Performance Brokerage Services, which represented Lithia & Driveway in the sale.
Specific financial terms of the sale were not publicly disclosed. The Carson Nissan location will continue operations under the new ownership at its current address.
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