According to Twin Cities Business, Carousel Motor Group said it plans to grow to 25 stores and $1 billion in annual revenue in the next five years--which would be up from its current $600 million in annual revenue and roughly double its current footprint.
Carousel Motor Group owns and operates a dozen auto dealerships, including Audi Minneapolis, Audi St. Paul , BMW of Minnetonka, Chevrolet of Delano, Coon Rapids Chrysler, Inver Grove Hyundai, Mercedes-Benz of Maplewood, North Branch Chevrolet, Porsche of Minneapolis, Porsche of St. Paul, St. Cloud Hyundai, and Star West Motorsports. The business said the names of all of its dealerships will remain unchanged.