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#76 Scaling a $4.5B dealership empire, Future of the franchise model, The "15-minute" car sale | David Hult, CEO of Asbury Automotive Group
Manage episode 413183579 series 3460617
Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with David Hult, CEO of Asbury Automotive Group where we discuss: His day-to-day running a $4.5B+ dealership empire, the future of the franchise model in the US, the "15-minute" car sale, steps to writing a $1B+ check and much more!
This episode of the Car Dealership Guy Podcast is brought to you by:
AutoFi - AutoFi solves the everyday problems dealers face like bottlenecks at the sales desk, customer distrust, and decision overload.
Their all-new showroom solution includes deal estimation, desking, lender routing, and an F&I menu all in one powerful Platform. Learn more @ https://www.autofi.com/cdg/
Experian - Experian Automotive is one of the most trusted sources of data and insights in the automobile industry and they're a one-stop-shop: Dealers can use automotive, lifestyle, and predictive data to find in-market car shoppers faster and at lower cost. By leveraging targeted audiences, dealers can communicate with car shoppers based on make, model, off-lease, off-loan, in-equity, fuel type, or vehicle servicing needs. Learn more @ https://bit.ly/3W1vrgY
Car Dealership Guy Industry Job Board - Connecting world-class talent with top-notch companies in Automotive. Find your next role—or start hiring today—at CDGJobs.com.
Interested in advertising with Car Dealership Guy? Drop us a line here
Interested in being considered as a guest on the podcast? Add your name here
Topics:
(00:00:00) - Intro
(00:02:57) - David’s career and background
(00:12:54) - How do you blend the cultures of the dealer groups you acquire?
(00:21:58) - How do you build conviction to follow through on an acquisition?
(00:24:12) - What does a week in your life look like?
(00:27:42) - Why do you keep the original names of the dealers you acquire?
(00:30:40) - How are you driving success throughout your organization?
(00:36:54) - How are you looking at AI?
(00:44:54) - Thoughts on the future of the industry
(00:46:37) - Is anything keeping you up at night?
(00:48:46) - What’s next for Asbury?
Check out Asbury Automotive Group here.
Check out the website for more (https://dealershipguy.com) and follow me on X @GuyDealership! (https://x.com/guydealership)
This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
109 episodes
Manage episode 413183579 series 3460617
Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with David Hult, CEO of Asbury Automotive Group where we discuss: His day-to-day running a $4.5B+ dealership empire, the future of the franchise model in the US, the "15-minute" car sale, steps to writing a $1B+ check and much more!
This episode of the Car Dealership Guy Podcast is brought to you by:
AutoFi - AutoFi solves the everyday problems dealers face like bottlenecks at the sales desk, customer distrust, and decision overload.
Their all-new showroom solution includes deal estimation, desking, lender routing, and an F&I menu all in one powerful Platform. Learn more @ https://www.autofi.com/cdg/
Experian - Experian Automotive is one of the most trusted sources of data and insights in the automobile industry and they're a one-stop-shop: Dealers can use automotive, lifestyle, and predictive data to find in-market car shoppers faster and at lower cost. By leveraging targeted audiences, dealers can communicate with car shoppers based on make, model, off-lease, off-loan, in-equity, fuel type, or vehicle servicing needs. Learn more @ https://bit.ly/3W1vrgY
Car Dealership Guy Industry Job Board - Connecting world-class talent with top-notch companies in Automotive. Find your next role—or start hiring today—at CDGJobs.com.
Interested in advertising with Car Dealership Guy? Drop us a line here
Interested in being considered as a guest on the podcast? Add your name here
Topics:
(00:00:00) - Intro
(00:02:57) - David’s career and background
(00:12:54) - How do you blend the cultures of the dealer groups you acquire?
(00:21:58) - How do you build conviction to follow through on an acquisition?
(00:24:12) - What does a week in your life look like?
(00:27:42) - Why do you keep the original names of the dealers you acquire?
(00:30:40) - How are you driving success throughout your organization?
(00:36:54) - How are you looking at AI?
(00:44:54) - Thoughts on the future of the industry
(00:46:37) - Is anything keeping you up at night?
(00:48:46) - What’s next for Asbury?
Check out Asbury Automotive Group here.
Check out the website for more (https://dealershipguy.com) and follow me on X @GuyDealership! (https://x.com/guydealership)
This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
109 episodes
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