Pohlad Companies, which is run by the same family that owns the Minnesota Twins, is selling its auto dealership group to an Oregon-based company. The company announced Wednesday that Lithia Motors ...

Lithia Motors Inc. will buy the nine-store Carousel Motor Group from the Pohlad Cos. conglomerate, Pohlad said in a statement Wednesday, as the auto retail giant continues its Midwest expansion.

Pohlad Cos. is exiting the auto dealership business, selling its Carousel Motors Group that sells luxury cars such as Audi, BMW, Porsche and Ferrari models. The deal comes during a period of ...

The Pohlad family is selling the car dealership company it founded 15 years ago. On Wednesday, the Pohlad Cos. – the family’s holding company – said it reached a deal to sell Carousel Motor Group to ...

Lithia Motors, Inc. LAD announced the acquisition of Carousel Motor Group. Through this acquisition, the auto retailer aims to expand its footprint in Minneapolis-Saint Paul, MN, which is considered ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Tom Pohlad will leave his role as president and chief ...

Carousel Motor Group, which is part of the Pohlad Companies, has launched an ecommerce platform to buy and sell used vehicles. The dealer group teamed up with Cox Automotive to develop the platform, ...

Twin Cities Automotive, a dealership group owned by Pohlad Cos., has changed its name to Carousel Motor Group. The group owns 12 luxury- and domestic-brand stores with annual revenue of about $600 ...