Morrie Wagener, longtime owner of Morrie's Automotive Group, is selling his business of 11 dealerships to the company's chief executive and a New York-based investment firm. Karl Schmidt, 52, the CEO ...

Along with authorizing a share repurchase on Thursday, Lithia Motors’ board of directors appointed a new member who officially came into the fold this week. Joining the dealer group’s leadership team ...

Morrie's Auto Group has entered its third state, buying two Michigan Ford dealerships from dealer Barry Merrill. Morrie's of Minnetonka, Minn., on Monday purchased Grand Ledge Ford-Lincoln and Merrill ...

A father-daughter dealer team has been honored by the American International Automobile Dealers Association for their work in auto dealer advocacy. Honored by AIADA with the Legislative Action Network ...

The CEO of Morrie’s Auto Group wants to double the number of dealerships that Morrie’s owns in the Twin Cities—expanding from 12 to 24. “We have a lot of room for growth,” CEO Lance Iserman said in a ...

Editor’s note: “Just Sold” is a Finance & Commerce feature based on the newest certificates of real estate value filed with the Minnesota Department of Revenue for commercial sales throughout ...