After re-reading yesterday’s piece and receiving back some comments (from folks in the industry,) I just wanted to clarify something regarding my thoughts about improving the processes at dealerships. 

As you may remember, when I was discussing my meetings with Asbury and Group 1’s management teams I said:

“Sure, CEO's like Earl Hesterberg (Group 1) can throw out these great phrases like ‘preserving the entrepreneurial spirit while leveraging scale,’ that folks like me on Wall Street eat up.  Of course, it is exactly what we want to hear.  I even liked it when Mr. Oglesby (COO of Asbury) summed it all up with four words: ‘speed, speed, speed, and effic ...

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Related Companies: Asbury Auto
Group 1 Automotive
Sonic Automotive