UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One): |_| Form 10-K |_| Form 20-F |X| Form 11-K |_| Form 10-Q |_|
Form N-SAR
For Period Ended: December 30, 1999
|_| Transition Report on Form 10-K
|_| Transition Report on Form 20-F
|_| Transition Report on Form 11-K
|_| Transition Report on Form 10.Q
|_| Transition Report on Form N-SAR
For the Transition Period Ended: _______________________
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Read Instructions (on back page) Before Preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
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If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
PART I--REGISTRANT INFORMATION
LITHIA MOTORS, INC.
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Full Name of Registrant
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Former Name if Applicable
360 E. Jackson Street
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Address of Principal Executive Office (Street and Number)
Medford, Oregon 97501
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City, State, and Zip Code
PART II--RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25b, the
following should be completed: (Check box if appropriate)
(a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or
expenses;
|X| (b) The subject annual report, semi-annual report, transition report
on Form 10-K, Form 20-F, 11-K, Form N-SAR, or portion thereof, will
be filed on or before the fifteenth (15th) calendar day following
the prescribed due date; or the subject quarterly report or
transition report on Form 10-Q, or portion thereof will be filed on
or before the fifth (5th) calendar day following the prescribed due
date; and
(c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
<PAGE>
PART III--NARRATIVE
Registrant is unable to timely file its annual report on Form 11-K for its
401(k) plan, the Lithia Motors, Inc. Salary Reduction Profit Sharing Plan, for
the period ending December 30, 1999, because the financial statements for the
plan have not been completed. Registrant's accountants have been unable to
complete the financial statements for the plan in a timely manner because the
plan administrator has failed to provide the accountants with the information
necessary to properly prepare and complete the financial statements. See the
accountant's statement attached.
PART IV--OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Jeffrey B. DeBoer 503 774-6868
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of the
Securities Exchange Act of 1934 or Section 30 of the Investment Company
Act of 1940 during the preceding twelve (12) months (or for such shorter
period that the registrant was required to file such reports) been filed?
If answer is no, identify report(s). |X| Yes |_| No
(3) Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be reflected
by the earnings statements to be included in the subject report or
portion thereof? |_| Yes |X| No
If so, attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a
reasonable estimate of the results cannot be made.
LITHIA MOTORS, INC.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: June 27, 2000 By: /s/ Kenneth E. Roberts
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Kenneth E. Roberts
Asst. Secretary
INSTRUCTION: The form may be signed by an executive officer of the registrant
or by any other duly authorized representative. The name and title of the
person signing the form shall be typed or printed beneath the signature. If
the statement is signed on behalf of the registrant by an authorized
representative (other than an executive officer), evidence of the
representative's authority to sign on behalf of the registrant shall be filed
with the form.
