Press Release

TraXtion Awarded Core Preferred Partner Status By Lithia & Driveway

IRVING, Texas–(BUSINESS WIRE)–TraXtion, a leading provider of automated tire and vehicle inspection solutions, today announced it has been awarded Core Preferred Partner status by Lithia Motors, Inc. (NYSE: LAD) as part of the Lithia & Driveway Preferred Partner Program. This designation from one of the largest dealer groups in North America reinforces TraXtionโ€™s role in modernizing the service-lane experience for dealerships.


The selection identifies TraXtion as a preferred provider of tire and alignment diagnostic technology, authorizing its deployment across Lithia & Drivewayโ€™s extensive network of dealerships. By leveraging TraXtionโ€™s advanced inspection systems, including its TreadSpecX and DamageSpeX tools, Lithia stores can automate tire wear and alignment detection, increasing transparency for customers and operational efficiency for service departments.

โ€œWe are incredibly honored to be named a Core Preferred Partner by Lithia & Driveway, a forward-thinking leader that sets the standard for automotive retail,โ€ said Brad Kokesh, President and Chief Executive Officer of TraXtion. โ€œThis partnership is a significant milestone for us as we work to help dealers capture their share of the $90 billion tire market. By equipping LADโ€™s network with our data-driven diagnostic tools, we are empowering their teams to reclaim this revenue, build greater trust with vehicle owners, and streamline the entire service experience.โ€

The partnership comes at a critical time when dealerships are increasingly focused on retention and fixed operations revenue. TraXtionโ€™s technology is designed to combat the industry-wide trend of tire sales leakage to aftermarket competitors by providing instant, irrefutable data on tire health the moment a customer enters the service drive.

About TraXtion

TraXtion is a leading provider of automotive inspection technology, specializing in advanced tire and alignment diagnostic solutions. Its suite of products, including mobile and automated drive-over systems, helps dealerships and service centers increase revenue, improve customer retention, and streamline operations through data-driven transparency. For more information, visit www.traxtion.com.

Contacts

Patrick Mendoza, [email protected]

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