Jenkins Auto Group Market Research Report

Background

Company Overview

Founded in 1998 by Don Jenkins, Jenkins Auto Group has established itself as a prominent automotive retailer in Florida and Georgia. The company operates over 20 dealerships, representing 17 automotive brands, including Acura, Chevrolet, Chrysler, Dodge, Ford, Genesis, Honda, Hyundai, Jeep, Kia, Lincoln, Mazda, Nissan, Ram, Subaru, Volkswagen, and Volvo. Jenkins Auto Group offers a comprehensive range of services, encompassing new and pre-owned vehicle sales, financing, warranties, parts, accessories, service, and body repair.

Mission and Vision

Jenkins Auto Group is committed to delivering an outstanding automotive experience characterized by professionalism, integrity, and enthusiasm. The company's mission emphasizes a lifetime commitment to customers, cars, and the community, aiming to excel through high standards and best practices.

Key Strategic Focus

Core Objectives

Customer Satisfaction: Prioritizing exceptional customer service to build long-term relationships.

Community Engagement: Actively participating in and contributing to local communities.

Operational Excellence: Maintaining high standards in sales, service, and overall operations.

Areas of Specialization

Jenkins Auto Group specializes in the sales and service of a diverse range of automotive brands, offering both new and pre-owned vehicles. The company also provides comprehensive financing options, warranties, and maintenance services.

Key Technologies Utilized

The company employs various technologies to enhance customer experience and operational efficiency, including:

Web Analytics: Tools like Google Analytics for monitoring website performance.

Customer Relationship Management (CRM): Systems to manage customer interactions and data.

Human Capital Management: Platforms such as ADP Workforce Now for employee management.

Primary Markets Targeted

Jenkins Auto Group primarily serves the Florida and Georgia markets, with a significant presence in cities like Ocala, Leesburg, Gainesville, Jacksonville, and Crystal River.

Financials and Funding

Revenue

Estimates of Jenkins Auto Group's annual revenue vary:

Approximately $5.7 million.

Between $10 million and $50 million.

Between $100 million and $1 billion.

Funding History

Specific details regarding the company's funding history are not publicly disclosed.

Pipeline Development

Facility Expansions

Jenkins Auto Group has announced plans for significant facility upgrades:

Jenkins Volvo and Jenkins Subaru: New facilities are planned on West Highway 200 in Ocala as part of the Winding Oaks development, a $30.5 million project. Construction is set to begin in early 2025.

Genesis of North East Jacksonville: An investment of $4.6 million is planned to build an 18,556-square-foot facility at 11107 Atlantic Blvd in Jacksonville, expected to be completed by May 1, 2024.

Technological Platform and Innovation

Proprietary Technologies

While specific proprietary technologies are not detailed, Jenkins Auto Group utilizes various platforms to enhance operations, including:

AudioEye: For website accessibility.

Adobe Premiere Pro: For multimedia content creation.

MySQL: For database management.

Scientific Methodologies

The company employs data analytics and customer relationship management systems to inform business decisions and improve customer engagement.

Leadership Team

Key Executives

Don Jenkins: Founder and Owner.

Tom Formanek: Chief Executive Officer.

Maria Patino: Customer & Community Relations Director.

Professional Backgrounds

Don Jenkins: Established Jenkins Auto Group in 1998, growing it into a multi-brand dealership network.

Tom Formanek: Oversees strategic direction and operations.

Maria Patino: Manages customer relations and community engagement initiatives.

Leadership Changes

No recent significant leadership changes have been publicly reported.

Competitor Profile

Market Insights and Dynamics

The automotive retail industry in Florida and Georgia is competitive, with numerous dealerships offering a wide range of brands and services. Market dynamics are influenced by factors such as economic conditions, consumer preferences, and technological advancements.

Competitor Analysis

Key competitors include: