Buff Whelan Chevrolet News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Consolidation Sweeps Across Auto Dealerships During Pandemic
Minnetonka-based Morrie’s Auto Group is part of the national trend of big players growing larger.
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
Twin Cities Business interview. “We could add another 12 stores, and I would be comfortable with that.”
Iserman is an active player in the auto-dealer consolidation trend that accelerated during the pandemic. In February, Morrie’s acquired six dealerships in four western Wisconsin towns, although the Brenengen family that sold to Morrie’s retains a minority stake. ....

United States , Lance Iserman , Paul Walser , Erik Gordon , Aston Martin , Patrick Manzi , Erin Kerrigan , Walser Automotive Group , National Automobile Dealers Association , Morrie Auto Group Lance Iserman , Morrie Auto Group , University Of Michigan Ross School Business , Mckinsey Co , Fremont Private Holdings , Auto Group , Twin Cities , Twin Cities Business , Kerrigan Advisors , Nevada Based Kerrigan Advisors , Michigan Ross School , Great Recession , Morrie Wagener , Twin Cities Area , Private Holdings , Detroit Business , Serra Automotive ,