DiscoverCar Dealership Guy Podcast#76 Scaling a $4.5B dealership empire, Future of the franchise model, The "15-minute" car sale | David Hult, CEO of Asbury Automotive Group
#76 Scaling a $4.5B dealership empire, Future of the franchise model, The "15-minute" car sale | David Hult, CEO of Asbury Automotive Group

#76 Scaling a $4.5B dealership empire, Future of the franchise model, The "15-minute" car sale | David Hult, CEO of Asbury Automotive Group

Update: 2024-04-18
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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.

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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

#76 Scaling a $4.5B dealership empire, Future of the franchise model, The "15-minute" car sale | David Hult, CEO of Asbury Automotive Group

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