A hitch assembly is mounted beneath a bed of a truck. The hitch assembly includes a frame, a platform displaceable relative to the frame, a hitch ball carried on the platform and an expandable body carried on the frame between a portion of the frame and the platform. By expanding the expandable body the platform and hitch ball are raised into a towing position. By contracting the expandable body, the platform and hitch ball are lowered into a storage position.