Ciocca Dealerships expands, acquires Steve Kalafer-founded Flemington Car & Truck Country

Fast-growing Ciocca Dealerships bolstered its presence in New Jersey and added several new brand names to its portfolio with its Monday obtain of Flemington Auto & Truck Country, founded by the late Steve Kalafer.

Ciocca Dealerships, which has been a purchaser of merchants several times in 2022, acquired six dealerships from Steve Kalafer’s sons Josh and Jonathan Kalafer.

The Kalafer brothers took in excess of the loved ones business following their father’s dying in April 2021. Steve Kalafer, a popular seller acknowledged for talking out towards stair-stage incentive courses and other automaker plans that he imagined deprived merchants, also founded a small league baseball staff and attained nationwide acclaim for manufacturing limited movies.

Flemington Vehicle & Truck Nation was made up of Flemington Subaru, Flemington Infiniti, Flemington Audi-Volkswagen-Porsche, Flemington Chevrolet-Buick-GMC-Cadillac, Flemington Chrysler-Jeep-Dodge-Ram and Ditschman/Flemington Ford-Lincoln, all in New Jersey.

Flemington is northeast of Philadelphia and about 35 miles east of Quakertown, Pa., the place Ciocca Dealerships is based.

Ciocca Dealerships has now obtained quite a few groups made up of “more than a single or two merchants,” Ciocca Dealerships CEO Gregg Ciocca instructed Automotive News on Tuesday. “But this is the largest [acquisition] by much.”

Ciocca explained he was common with the region getting lived in close proximity to the Kalafer intricate of dealerships. And four many years ago, Ciocca Dealerships acquired a Mercedes-Benz retail outlet in Flemington.

Ciocca said he also understood Steve Kalafer and pointed out that the two longtime dealers experienced a whole lot of regard for every other. He additional that he was also pals with Kalafer’s sons. He held in touch with the Kalafer household and began a dialogue that at some point led to the suppliers modifying fingers.

“It was really two spouse and children organizations that just shook palms quite swiftly,” Ciocca reported. “They wanted a great family members to consider more than their terrific loved ones small business. So I felt pretty privileged and fortuitous they selected me and my Ciocca household, my three sons, to be the stewards of that enterprise, which is a substantial performing supplier team.”

Ciocca famous that the Kalafer brothers even now very own a Honda shop and a Jaguar-Land Rover dealership exterior of Flemington.

New makes
The transaction marks the 1st Porsche, Infiniti and Chrysler-Jeep-Dodge-Ram suppliers for Ciocca Dealerships.

Ciocca reported his group will establish a new standalone dealership for Porsche and will also split the Volkswagen and Audi franchises into separate outlets. Ciocca ideas to shift the Ford and Lincoln franchises into independent properties as well and will build a new Subaru retailer. Ciocca explained he strategies to update the Chrysler-Jeep-Dodge-Ram retailer and will build a standalone Jeep showroom there.

Prior to the Flemington Automobile & Truck Region acquisition, Ciocca Dealerships purchased Lawrenceville Ford-Lincoln in New Jersey from Anthony Stewart on July 25. The dealership was renamed Ciocca Ford-Lincoln of Lawrenceville.

In June, Ciocca Dealerships obtained a Subaru-Kia shop in Ewing Township, N.J.

“Do I see some additional points going on in the future? Of program,” Ciocca explained. “We are on a development mode. We feel you can find a lot of opportunity. But I will be frank with you, we pass on nine out of 10 specials that folks contact us [about]. It’s received to healthy us geographically. We are in Pennsylvania, New Jersey. We genuinely have to be in a position to get to the suppliers each individual working day. We have to be in a position to touch them.”

Very last year Ciocca Dealerships purchased what was then the highest-quantity Chevrolet Corvette dealership, Kerbeck Corvette, as element of its acquisition of two Atlantic Metropolis, N.J., dealerships representing manufacturers owned by Standard Motors The team also was awarded a Subaru open point in Philadelphia. That dealership opened in 2021.

Ciocca Dealerships ranked No. 83 on Automotive News‘ most current listing of the best 150 dealership teams based mostly in the U.S., with retail sales of 12,080 new motor vehicles in 2021.

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