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28.09.26 - 18:51
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Haig Partners Serves as the Exclusive Advisor on the Sale of Metropolitan Ford, Freeway Ford and Suburban Chevrolet in the Minneapolis Market to Walser Automotive Group (Business Wire)
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FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--#Chevrolet--Haig Partners LLC, a leading buy-sell advisory firm to auto retailers, served as the exclusive advisor to Metropolitan Corp. (“Metropolitan”) on the sale of its Metropolitan Ford, Freeway Ford and Suburban Chevrolet dealerships to the Walser Automotive Group (“Walser”). The dealerships are all located in the Minneapolis, MN area.
Grossman Family Dealership Group started over 100 years ago and has served tens of thousands of customers since then. It also operated one of the largest wholesale parts operations in the US for GM. The sale has generated substantial cash for the owners that they can invest in other ventures. Metropolitan is not selling its Rosedale Chevrolet and Superior Ford dealerships as they will be operated by the current owners and their children.
Founded over 70 years ago, Walser is listed at #32 in Automotive News Top 150 Dealership Groups for 2025. Walser owns 35 dealerships in MN and KS representing Acura, Audi, BMW, Buick-GMC...
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28.09.26 - 15:48
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China EVs Could Destroy Ford And GM (24/7 Wall St.)
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It has been over a year since Ford (NYSE: F) CEO Jim Farley said Ford “may not exist” if it cannot effectively compete with Chinese EV companies moving into the US in large numbers. He called the arrival of EVs in Western markets an “existential event.” He has a fair argument. Chinese car companies are […]...
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25.09.26 - 12:01
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Benzinpreis-Schock in Amerika: Diese Autobauer räumen gerade ab (Ariva)
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Hohe Spritpreise, fehlende Hybride: General Motors und Ford verlieren so viele Marktanteile wie kein anderer Hersteller. Hyundai und Kia könnten Ford erstmals überholen. Was heißt das für die Aktien? Die Detroiter Autobauer verlieren auf ihrem Heimatmarkt den Anschluss. General Motors und Ford büßen in diesem Jahr mehr Marktanteile ein als jeder andere Hersteller in den Vereinigten Staaten. Das geht aus einer Prognose des Marktforschers Cox Automotive hervor. Der Grund: Wegen der ......
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24.09.26 - 11:24
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In Red Sea Crisis, Somaliland Seizes Leverage For US Recognition (ZeroHedge)
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In Red Sea Crisis, Somaliland Seizes Leverage For US Recognition
Authored by Dan M. Ford via Responsible Statecraft,
The president of Somaliland took advantage of the geopolitical and global economic turmoil caused by the Iran War to visit Washington this week in an effort to advocate for American recognition of Somaliland and for the deepening of economic ties between the two.
President Abdirahman Mohamed Abdullahi, known as Irro, made a public appearance at the Hudson Institute on September 14, where he argued that his country's three-and-a-half decade run as a secure, self-governing actor warranted recognition from the United States. Irro also said that, although he's "not a geologist," experts tell him his country has "everything" the U.S. could want in terms of critical minerals, which he'd be happy to provide the U.S. in exchange for deeper relations.
A self-proclaimed sovereign country widely considered to be part of Somalia by the international community, Somaliland has for decades ...
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23.09.26 - 13:03
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Walser Automotive Group Announces Largest Acquisition in Company History (Business Wire)
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Acquisition of Freeway Ford, Metropolitan Ford, and Suburban Chevrolet expands Walser's presence in its home Twin Cities marketBLOOMINGTON, Minn.--(BUSINESS WIRE)--#Acquisitions--Walser Automotive Group announced today that it has completed its acquisition of Freeway Ford, Metropolitan Ford, and Suburban Chevrolet.
The transaction represents the most significant acquisition in Walser's history and will add nearly 300 employees to the organization. The Grossman family, a longtime Twin Cities dealership family, previously owned all three dealerships, meaning the stores will pass from one longtime Minnesota automotive family to another.
“It is rare to find this kind of alignment with established dealerships, great teams, and a market we know well. Bringing them in is a meaningful investment in the Twin Cities and in Walser's long-term future,” Andrew Walser, CEO of Walser Automotive Group, said.
Ford was one of Walser's earliest franchise acquisitions, with Towns Edge Ford in Hopkins opening in 1968....
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