The Jorgensen acquisition is the second this year for Feldman, which in partnership with actor Mark Wahlberg acquired Joe Firment Chevrolet [now Mark Wahlberg Chevrolet of Avon] in Avon, Ohio, in July. In December, Feldman Automotive it acquired Al Deeby Chrysler-Dodge-Jeep-Ram in Clarkston, Mich., from the Al Deeby family. The store was renamed Feldman Chrysler-Dodge-Jeep-Ram of Clarkston.
The Feldman group is building a standalone Jeep dealership across from its newly acquired Clarkston location.
Feldman is expecting a big year. The group projects it will sell more than 40,000 vehicles at its 17 locations, with projected revenues of more than $1.5 billion.
Feldman ranks No. 49 on Automotive News’ list of the top 150 dealership groups based in the U.S., retailing 18,246 new vehicles in 2020.
Melissa Burden of Automotive News contributed to this report.
