Dale C. Maley: Fairbury’s Auto Business Overcame A Major Obstacle – Pontiac Daily Leader | CarTailz

Dale C Maley

The Petersen family and their dealerships have overcome many obstacles over the years. The 2008 subprime mortgage financial crisis led to a record 881 US auto dealership closures in 2008. Fortunately, Petersen Chevrolet Buick, Inc. of Fairbury weathered this severe economic downturn and continues to provide excellent products and services to its customers.

This business has been owned by the Petersen family for quite some time. Today, Mike Petersen, his wife Kimberly and their daughter Erin Ifft run the business.

The history of the Petersen family began with the birth of Joachim “Joseph” Petersen in 1851 in Hanover, Germany. He was the son of Johann L. Petersen (1807-1883) and Margarethe Engelken (1826-1883). Joseph Petersen married Anna S. Lepler in Germany in 1878. Joseph was 27 and Anna was 20 when they married. They had seven children.

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