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Ernst Names Small Business of the Week, Mike Molstead Motors

Summary

Press release dated April 14, 2025 in which U.S. Senator Joni Ernst (R-Iowa), Chair of the Senate Small Business Committee, names Mike Molstead Motors of Floyd County, Iowa, her Small Business of the Week. Mike Molstead started selling cars in 1982 while attending the University of Northern Iowa, rose to general sales manager in Cedar Falls and opened his own dealership in Charles City in 1995. Today his four sons and other family members run the family-owned dealership with two locations. The release says the dealership celebrates its 30th anniversary this month.

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“Ernst Names Small Business of the Week, Mike Molstead Motors.” Original at www.sbc.senate.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/committee-beb3863c7cb3ab2f/, SHA-256 9e69da31fa17ec11dec50680c9a5c5f9cf34fa9a16ed089f12f043cc65ca9572.

Full text

Title: Ernst Names Small Business of the Week, Mike Molstead Motors
Date: 2025-04-14

Ernst Names Small Business of the Week, Mike Molstead Motors

April 14, 2025

Read the release on Sen. Ernst's website HERE.

Throughout this Congress, Chair Ernst plans to recognize a small business in every one of Iowa’s 99 counties.

RED OAK, Iowa – U.S. Senator Joni Ernst (R-Iowa), Chair of the Senate Small Business Committee, today announced her Small Business of the Week: Mike Molstead Motors of Floyd County. Throughout the 119th Congress, Chair Ernst plans to recognize a small business in every one of Iowa’s 99 counties.

“Mike Molstead built a successful family-owned and operated business by keeping his community in the driver's seat,” said Chair Ernst. “Today, under the leadership of Mike’s four sons, Molstead Motors continues to fuel folks in north Iowa one vehicle at a time by focusing on personalized financing, real-time market pricing, and top-tier auto repair and detail servicing. As Mike continues his 25-year battle with lung cancer, my thoughts and prayers are with him and the entire Molstead family.”

In 1982, while attending the University of Northern Iowa and playing football, Mike Molstead began selling cars at a local dealership in Cedar Falls. He worked his way up to general sales manager before deciding to start his own dealership. In 1995, Mike opened Mike Molstead Motors in Charles City. Over the years, the business has expanded from selling primarily General Motors vehicles to a full-service dealership that sells, services, and details Chrysler, Dodge, Jeep, Ram, GMC, and Ford vehicles across two locations. Today, Mike and his four boys, Josh, Jordan, Jackson, and Jared, along with many other family members, work together to run the company. This month, Mike Molstead Motors will celebrate its 30th anniversary.

Stay tuned as Chair Ernst recognizes more Iowa small businesses across the state with her Small Business of the Week award.

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Permalink: https://www.sbc.senate.gov/public/index.cfm/2025/4/ernst-names-small-business-of-the-week-mike-molstead-motors

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