Vanguard Capital Management Establishes 5.34% Stake in Lithia Motors Inc (LAD)

Vanguard Capital Management LLC filed a Schedule 13G on April 30, 2026, reporting a new 5.34% ownership stake in Lithia Motors Inc (LAD). As of the event date on March 31, 2026, Vanguard beneficially owns 1,244,558 shares of common stock. The filing indicates that Vanguard holds sole dispositive power over the entire 1,244,558 shares, while maintaining sole voting power over 185,654 shares. This position includes holdings across various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Fiduciary Trust Company. The filing was made under Rule 13d-1(b), certifying that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This represents a significant new reporting position for the investment adviser, crossing the 5% threshold required for public disclosure. No other single person's interest in these securities exceeds 5% of the total shares outstanding.