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April 18, 2024

#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

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:


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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.