A Binghamton area auto dealer announced Wednesday that the company purchased five Fuccillo dealerships in western and central New York.
Fuccillo Hyundai and Kia, both located on West Ridge Road in Greece, were purchased by the Matthews Auto Group of Vestal, Broome County, the dealership announced Wednesday. The other three newly purchased Fuccillo dealerships are in the Syracuse area, according to the news release.
The five dealership purchase, which was effective as of Tuesday, includes more than 1,000 new cars in inventory, the buildings and property. Roughly 300 Fuccillo employees will join Matthews.
“Fuccillo is an impressive operation with a great team who has sold tens of thousands of vehicles,” said Matthews Auto President Rob Matthews. “We jumped at this unique opportunity when it was presented to us. Although there is tremendous uncertainty out there due to the pandemic, I have the upmost confidence in our team and our operation to make this a smooth transition for our new customers and our new employees. We’re really excited to be in Syracuse and Rochester and look forward to a great future.”
The Fuccillo Automotive Group, which was known for its ongoing marketing campaign of “huge” savings, has 22 dealerships in New York and Florida, according to its website.
Prior to the purchase, Matthews operated five dealerships in Broome County, one in Chenango County and two in Pennsylvania. The family-owned dealership was founded in 1973.
Published by Democrat and Chronicle