π’ Lithia Motors Inc. acquires Pohlad’s 9-store, $900M Carousel group in the Midwest, expanding its auto retail reach! ππ₯ #BusinessNews
Lithia Motors Inc. has closed on a nine-store car auto retailer in Wisconsin and Minnesota, which Lithia estimates will bring in $900 million in annually. Lithia bought the group from the Pohlad Cos. conglomerate, whose portfolio also includes the Minnesota Twins.