Fuccillo Automotive Group sells 10 dealerships in New York

Darwish, previously a minority husband or wife in a New Jersey Audi dealership and a system manager for Napleton Automotive Group, reported that following getting into into an agreement with Fuccillo in August 2020, he ran into a number of delays. His lawyer’s place of work shut down simply because of COVID-19, and Darwish contracted the disorder.

“I just about died,” he advised Automotive Information. “I was in the hospital for 19 days.”

Darwish stated he was on oxygen for two months but recovered. Then in June 2021, Fuccillo Automotive CEO Billy Fuccillo Sr. died.

Darwish stated he experienced minimal slumber above individuals 20 months as he worked to satisfy with several brands and banking institutions to wrap up the offer.

He now has a workers of far more than 400 people, whom Darwish explained as “really great personnel.”

“The workers that came alongside with this offer is spectacular,” he stated. “The staff is a large staff.”

Fuccillo Automotive Group just a several yrs in the past boasted additional than 20 dealerships, but it has offered various outlets in the previous 12 months-plus. In early 2021, the group offered five New York dealerships to Matthews Vehicle Team. Then in March 2021, it sold two Kia dealerships in Florida to LMP Automotive Holdings Inc. In August last year, it sold a Nissan dealership in Clearwater, Fla., to Morgan Automotive Group.

Billy Fuccillo Jr., president of the Fuccillo team, failed to answer to requests for comment from Automotive News. The group’s website continue to lists seven franchised rooftops in New York.

Two of Fuccillo Automotive’s General Motors dealerships in New York closed about the time of the Darwish transaction: Fuccillo Chevrolet-Buick at the Automobile Mall in Adams and Fuccillo Chevrolet of Nelliston. A GM spokesman verified the franchises had been terminated in late April and early Might. As element of his transaction, Darwish acquired the true estate for both of those places.

He designs to use the web sites as used-vehicle retailers and hopes to apply to reopen the Chevrolet store in Adams.

Darwish, 50, who claimed he is a school dropout, has desired to personal a auto dealership since he was 21.

“I sacrificed every thing to get right here,” he claimed. “I risked everything to get in this article.”

And he desires far more. Darwish claimed he wants by year’s stop to look for extra dealerships to acquire, as he hopes to possess 90-as well as stores in the next seven decades.

“The moment I get heading, I want to maintain going,” he stated.

Bob Morris with Tim Lamb Team, a buy-promote agency in Columbus, Ohio, represented the vendor in the transaction, Darwish claimed.