Bel Air Partners was the exclusive advisor to Kerbeck in the sale of this iconic General Motors dealership group. Congratulations to our clients, the Kerbeck brothers, and to Gregg Ciocca, now the owner of the #1 new Corvette dealership in the universe.

Kerbeck Sells World’s Largest Corvette Franchise to Ciocca Dealerships

Ciocca Dealerships announced that it has acquired three automotive dealerships from the Kerbeck family in Atlantic City which includes Kerbeck Corvette, the world’s largest Corvette franchise for the last 27 years. The new Corvette store will be called Ciocca Corvette of Atlantic City.

Ciocca Corvette (pronounced see-oh-ca) says it will keep that tradition of Corvette sales in Atlantic City as nearly all the members of the current Corvette sales team will continue under the new ownership group.

“Everyone is excited to become involved in the community and meet our new customers and team members in Atlantic City,” Ciocca Dealerships CEO and founder Gregg Ciocca said. “The energy and growth in this area made this an exciting opportunity to add to our family of dealerships.”

Gregg Ciocca founded the dealership group back in the 1970s by selling cars out of the family’s home garage. After growing a number of used car dealerships, he acquired his first new car dealership in 1993. Today, Ciocca Dealerships has 24 locations in Pennsylvania and New Jersey with 16 unique brands that account for $1 billion in annual sales.

The purchase from Kerbeck includes the Chevrolet, Buick, GMC, and Cadillac brands that are located together at 430 N Albany Ave in Atlantic City. In addition to the focus on Corvettes, this will be their first Cadillac dealership under the Ciocca name.

“Our goal is to continue the excellent service Kerbeck provided to its customers over the past 100 years,” Ciocca said. “We look forward to delivering that top-quality service to new existing customers in the years ahead.”

Dave Salvatore who has managed the Corvette sales team at Kerbeck for years and the six Corvette specialists will all be part of Ciocca Corvette of Atlantic City and they will continue selling Corvette Stingray’s at MSRP.

“Ciocca is keeping Kerbeck’s allocations and everyone who has a current order will see no changes,” said Salvatore. “All deposits will be honored and it should be a seamless transition as the Kerbeck family wants to see continued success from the Atlantic City dealerships.”

The new URL for the dealership will be www.CioccaCorvette.com.

This article was originally posted on CORVETTEBlogger.