None
New owners' plan
What: Morrie's Automotive Group
Where: Minnetonka, Minn.
Size: 11 stores, 10 brands, around $600 million in annual revenue
Former owners: Dealer principal Morrie Wagener and CEO Karl Schmidt
New owners: Fremont Private Holdings, the investment arm of the family behind Bechtel Corp., and Schmidt
Expansion plans: Hire 100 more employees this year, at least 200 eventually; buy more stores, preferably in the Midwest
Scott EarthyManaging partner, Fremont Private Holdings
"The primary focus is to continue to strengthen the core operations."
LAS VEGAS -- Under new ownership, Morrie's Automotive Group is primed for expansion by adding jobs, then stores.
