The Rise of Jay Feldman in the Automotive Industry
Jay Feldman‘s career in the automotive business began in his teens, selling cars and quickly developing a passion for the industry. Jay was born in 1971. He is married to Ann Feldman. They have two children. Starting with a single Chevy dealership in Highland, Michigan, Feldman demonstrated a remarkable knack for business growth. His leadership and strategic vision led him to expand his Chevy footprint to five locations, earning the title of Michigan’s number 1 Chevy Dealer in 2013. Under his guidance, Feldman Automotive now sells over 22,000 new and preowned Chevy vehicles annually across Michigan.
Key Takeaways
- Jay Feldman, CEO of Feldman Automotive, turned his early passion for car sales into a thriving business empire.
- Feldman Automotive has grown significantly under his leadership, becoming a major player in the automotive industry.
- The partnership with Mark Wahlberg has expanded Feldman’s reach, adding several dealerships and restaurants to their joint ventures.
- He is the owner of the yacht SARON, named after his children.
- He also co-owner a Dassault Falcon 2000, with registration N993CE.
Feldman and Wahlberg: A Dynamic Partnership
In 2018, Jay Feldman initiated an innovative partnership with actor Mark Wahlberg, starting in Columbus, Ohio. This collaboration marked the foundation of the Mark Wahlberg Automotive Group, a venture that has grown to encompass a range of automotive brands. Wahlberg, drawn to Feldman’s extensive experience in the car business and his reputable character, found an instant synergy with Feldman. This partnership has not only been a business success but also fostered a strong personal friendship.
Expanding the Feldman Automotive Portfolio
Feldman Automotive, under Jay Feldman’s stewardship, has diversified significantly. The portfolio now includes multiple Chevrolet stores, a Buick-GMC-Hummer store, Hyundai, Kia, Genesis stores, RV Centers, a preowned store, a Ford store in Detroit, a Cadillac store, and Chrysler-Dodge-Jeep-Ram stores. This expansion demonstrates Feldman’s ability to manage and grow a diverse automotive empire.
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