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No Need to Haggle for This Auto-Dealer Bargain

Fears over Lithia Motors' debt load and exposure to Chrysler are overblown and have left the stock looking cheap, says Morningstar's Dave Whiston.

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Erik Kobayashi-Solomon: Hi, I'm Erik Kobayashi-Solomon, Co-Editor of Morningstar's OptionInvestor. Today, it's my great pleasure to welcome Dave Whiston, who is the auto analyst here at Morningstar to talk about Lithia Motors.

Dave, thanks for coming.

Erik Kobayashi-Solomon does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.