Prominent auto dealer sells two area locations for $36M

The Fuccillo Automotive Group entered the Southwest Florida market in 2010.


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  • | 5:30 p.m. September 14, 2020
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File. The Fuccillo Automotive Group recently sold one dealership in Cape Coral and one in Port Charlotte, for $36 million.
File. The Fuccillo Automotive Group recently sold one dealership in Cape Coral and one in Port Charlotte, for $36 million.
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FORT MYERS — Plantation-based auto sales company LMP Automotive Holdings has acquired a pair of Kia dealerships operated by the Fuccillo Automotive Group, one in Cape Coral and one in Port Charlotte, for $36 million. The Fuccillo dealerships are known in the region for owner Billy Fuccillo’s quirky and folksy ads and giveaways, often with the tagline “it’s huuuuuge.”   

The acquisitions, according to a statement, include 58 acres of facilities and property. LMP Automotive Holdings, a publicly-traded firm, operates an ecommerce and brick-and-mortar auto dealership business, with a model that includes an auto subscription model for customers.  

 

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