Stuckey to purchase Fiore
A local auto dealership that has been in the Fiore family since 1970 is changing hands.
Matt Stuckey, president of Stuckey Ford and Stuckey Subaru, is purchasing Fiore Buick GMC of 808 Logan Blvd. The deal’s closing is scheduled for Wednesday.
The business will be known as Stuckey Buick GMC.
“We’re selling the business, Fiore Buick GMC, and its assets to Matt. He’ll be the franchisee of Buick and GMC,” said President David A. Fiore, partner in Fiore Buick GMC with his brother, Daniel M. Fiore.
The brothers are also partners in Fiore Toyota, which will not be affected by this transaction.
Fiore said it was time to sell the business.
“I have two wonderful daughters who have good careers and are not interested in the car business. I’m 68 — I’ve reached a point where I thought there wasn’t much reason for me to keep working. My wife and I are healthy and will be able to travel. I’ve been coming to this building since 1972 — for 46 years,” Fiore said.
Fiore said he sought out Stuckey as a potential buyer.
“Once I made a decision to sell, I called Matt and mentioned it. He said he was interested. He’s a very qualified young dealer who has lots of energy. A big concern of mine was I wanted a dealer able to take care of my past customers and current employees,” Fiore said. “We thought it was a good opportunity for us. It met what we wanted to do, so we’re happy and Matt is happy with the deal.”
Fiore said he was OK with selling the family business. His father, Anthony “Chubby” Fiore, purchased Olson Buick Pontiac in 1970.
“I’m good with it. It’s very difficult to get a family business through the third generation. Sometimes it doesn’t happen. I imagine that my dad would be proud of what Dan and I have done. We’re leaving on our own terms and are happy to move into the next chapter of our lives,” Fiore said.
Stuckey, who took over day-to-day operations of the family business in 2009, is excited about the opportunity.
“We see this as a good opportunity for our growing business to serve a market we haven’t served yet: the General Motors market in town. We’re excited to pick up and expand their service and pick up some new customers. We know he (Fiore) has good loyal customers, and their products are great. It’s at a great location in the middle of two major roads in town,” Stuckey said.
“Their employees will become our employees. We’ll give them an opportunity to grow. It’ll help us to provide jobs for folks around here and provide quality vehicles for folks around here,” he said.
Once Fiore and Stuckey started talking, it didn’t take long to reach an agreement.
“Matt and I had an amicable relationship. We agreed on this in the middle of December. It happened quickly and it went smoothly,” Fiore said. “Matt is as qualified as a dealer candidate as you could ever have. We came to an agreement in one day. We met, and the next day, we shook hands on the deal.”
Both said that, with all of the paperwork involved, it takes several months to complete such a transaction.
The Fiore and Stuckey families have been a big part of the local automobile business for many years.
Dave’s father, Anthony, started selling cars (Hudsons) in 1954; Matt’s grandfather, Willard Stuckey, started selling cars in 1955; and Will Stuckey Ford was incorporated in 1959. Matt’s father, John, took over the family business in 1988 after Willard Stuckey died unexpectedly.
“I’ve known Matt’s dad forever and knew his grandfather, Will. The Stuckeys are a part of our community. I’ve known them almost all of my life. Matt is a good person; he already has two successful dealerships and takes care of his customers and employees. He will be here for a long time. I want to see the business thrive and grow and be a good dealership for the area. I think Matt will do that,” Fiore said.
“My dad’s dad (Willard) and their father, Chubby, were good friends and knew each other. They grew through the business. They were peers, friends and competitors. That’s really neat; it goes back a couple of generations. I think it’ll be great. Hopefully he (Dave) won’t be a stranger,” Stuckey said.
Stuckey is looking forward to selling General Motors products.
“It’ll be different. We’re excited about it,” Stuckey said. “We do things differently — in a good way. We’re excited to do that with another brand. We’re very responsive to our customers. We make sure they leave with what they want at a good price and quickly. Our employees are motivated and take care of their job. They operate at the highest level and meet the demands of our customers.”
With the addition of Buick GMC, the Stuckey dealerships will be known as Stuckey Automotive.