Rising Morrie’s Auto Group, which entered a brand new state late final yr, made its first acquisition of 2022 and bolstered its Minneapolis presence with the acquisition of a trio of home dealerships this month.
Morrie’s Auto on July 1 purchased Forest Lake Chevrolet and Forest Lake Chrysler-Dodge-Jeep & Ram in Minnesota from supplier Randy Wilcox of Forest Lake Auto Group.
The Stellantis dealership has a separate facility for the Jeep franchise, which lately was constructed, however Morrie’s considers it one dealership. The shops had been renamed Morrie’s Forest Lake Chevrolet and Morrie’s Forest Lake Chrysler-Dodge-Jeep-Ram.
Morrie’s Auto CEO Lance Iserman mentioned the group was aggressive in attempting to accumulate the shops, which lie within the group’s yard.
Forest Lake is northeast of Minneapolis. Morrie’s is predicated in Minnetonka, Minn., simply west of Minneapolis.
“You aren’t getting these alternatives to purchase two actually high-performing shops and within the metro the place the majority of our shops are,” Iserman advised Automotive Information. “This provides us 14 shops now within the Minneapolis-St. Paul metro space and two manufacturers that we did not have on this space.”