Mangino Buick GMC and Mangino Chevrolet are being sold

The family that has run Mangino Buick GMC on Route 50 since 1978 is selling the dealership and a sister store, Mangino Chevrolet in Amsterdam, to Georgica Auto Holdings, an auto group with about 30 dealerships in the Northeast, The Daily Gazette reported on Oct. 6. Company president Tina Mangino-Coffey confirmed the pending sale in a comment on a Ballston Spa community Facebook page on Sunday, Oct. 4, and sales manager Ralph Mangino Jr. confirmed it to the Gazette the next day.

The deal has not closed. The purchase price, the timeline and the closing date have not been made public, the Gazette reported, and Mangino-Coffey wrote that the family had not made a formal announcement because negotiations were still going on. She said it would be “business as usual for us” and that the staff had been told about the sale.

The sale at a glance

Here is what is known so far, from the Gazette’s report and the dealerships’ websites.

• Mangino Buick GMC is at 1484 Saratoga Road, which is Route 50, with a Ballston Spa address. The Gazette places the store in the Town of Ballston, outside the village.
• Mangino Chevrolet is at 4447 State Highway 30 in Amsterdam, in Montgomery County.
• The buyer is Georgica Auto Holdings LLC, which the Gazette described as a Pennsylvania company.
• The price and closing date have not been disclosed, and the family says the deal is not final.

Who is buying

Georgica Auto Holdings lists 30 dealerships on the company’s website, in New York, Pennsylvania, Connecticut and New Jersey, selling 15 brands that include Chevrolet and GMC along with Audi, BMW, Honda, Jeep, Porsche, Subaru and Toyota. The company’s New York stores are in Auburn, Syracuse, Southampton, Orangeburg, Blauvelt, West Nyack and Manhattan, according to that list. None of them is in the Capital Region, so the two Mangino stores would be the group’s first in the area.

The Gazette reported that Georgica runs 16 dealerships in New York, with a concentration around Auburn, and that the company generates more than $1.3 billion in annual sales from more than 20,000 new and used vehicle transactions, according to a 2025 press release.

The group’s chief executive is Jon Sobel. In 2023, Franchise Times reported that Franchise Equity Partners, an investment firm, had made a $70 million minority investment in Georgica in October 2022, and that Georgica then bought three Audi, Porsche and Volkswagen dealerships from Weeks Automotive Group in Danbury, Connecticut. That publication called Georgica New York-based, while the Gazette called the buyer a Pennsylvania company. Georgica has kept buying since then; Digital Dealer reported the group’s purchase of Kolb Subaru in Orangeburg from Group 1 Automotive, the group’s third Subaru store. Scott Romanoff, a co-managing partner at Franchise Equity Partners, told Franchise Times that dealerships tend to be stable businesses with attractive cash returns.

Sobel told Franchise Times he expected more deals as dealership owners around the country age out of the business. The group looks both for larger groups in regions it likes and for smaller “tuck-in” purchases near stores the group already owns, he said.

A family dealership since 1978

Ralph Mangino Sr. opened the Ballston Spa dealership in 1978, the Gazette reported, and the family added the Amsterdam store in 2004, buying what had been Longwell Chevrolet. Ralph Mangino Sr., Tina Mangino-Coffey’s father, died in April 2022 at 89.

The family has leaned on the name. The Buick GMC store’s website says three generations of the Mangino family work at the dealerships, and both stores sell under the line “Sales and service, the Mangino Family way.” The Ballston Spa showroom carries the Buick and GMC lineups along with used vehicles, and both stores run service and parts departments. Used vehicles are sold under GM’s CarBravo program, and the Chevrolet store’s website says CarBravo vehicles under 10 years old and 100,000 miles come with a 12-month, 12,000-mile limited warranty.

For Ballston Spa and Saratoga County buyers, the Route 50 dealership has been a fixture for close to half a century. The Chevrolet store’s website says the dealership serves shoppers from Amsterdam to Schenectady, Clifton Park and Saratoga Springs.

What customers should know

Both stores are open while the sale is pending. These hours and phone numbers come from the dealerships’ websites.

• Mangino Buick GMC sales is open Monday through Friday from 8 a.m. to 6 p.m. and Saturday from 8 a.m. to 3 p.m., and closed Sunday. The sales line is (518) 309-6309.
• Service at the Ballston Spa store opens at 7:30 a.m. on weekdays and runs until 6 p.m., with Saturday service from 7:30 a.m. to noon.
• Mangino Chevrolet sales is open Monday through Thursday from 8 a.m. to 7 p.m., Friday from 8 a.m. to 6 p.m. and Saturday from 8 a.m. to 4 p.m., and closed Sunday. The sales line is (518) 620-7756.
• No changes to the dealership names, staff or service departments have been announced.

What happens next

The sale is still being negotiated, according to the family. These are the open questions.

• When the sale closes, and at what price, neither of which has been made public.
• Whether Georgica keeps the Mangino name on the two stores.
• Whether the current managers and staff stay on after the sale.

Our read: the Mangino stores fit the pattern Sobel described to Franchise Times, a long-running family dealership whose founding generation has passed. For customers, the near-term change is likely to be small, since the family says nothing is changing yet; the bigger questions come after closing. We will update this story when the sale is final.

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