Gregg Ciocca has because developed his dealership enterprise to 24 retailers and 16 brands across Pennsylvania and New Jersey. The group also was awarded a Subaru open place in Philadelphia, a a hundred and seventy,000-square-foot keep that is established to open for income in August.
Ciocca, of Quakertown, Pa., ranks No. ninety three on Automotive News‘ record of the leading one hundred fifty dealership groups primarily based in the U.S., retailing nine,926 new cars in 2020.
The Kerbeck family operates the F.C. Kerbeck exotics dealership in Palmyra, N.J. The keep sells Rolls-Royce, Bentley, Lamborghini, Aston Martin and Maserati cars. It also has F.C. Kerbeck Buick-GMC in Palmyra.
Bel Air Companions, a acquire-provide advisory agency in Hopewell, N.J., represented the sellers in the transaction. Ciocca did not use a broker.
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