FI showroom red and grey logo
MenuMENU
SearchSEARCH

Ed Bobit Remembered as 'Force of Nature'

Family, friends, and colleagues paid their respects to Ed Bobit at a memorial service, honoring the Bobit Business Media founder and chairman as a publishing force known for his tough-but-fair approach to business and family.

by Staff
July 10, 2014
Ed Bobit Remembered as 'Force of Nature'

Bobit Business Media CEO Ty Bobit delivers a eulogy celebrating Ed, his father and company founder. Photo by Kelly Bracken.

2 min to read


RANCHO PALOS VERDES, Calif. — Family, friends, and colleagues paid their respects to Ed Bobit at a memorial service, honoring the Bobit Business Media founder and chairman as a publishing force known for his tough-but-fair approach to business and family.

Several hundred well-wishers attended the July 9 memorial service at St. John Fisher church in Rancho Palos Verdes. Bobit, who also founded F&I and Showroom in 1998, died June 29 at the age of 86, almost a year after having heart valve replacement surgery. Bobit founded Bobit Business Media and Automotive Fleet magazine in late 1961 with $6,000 he had saved from his work at McGraw-Hill. 

Ad Loading...

Ed's son Ty, who took over as CEO in 2004, described Ed as his best friend and said he could "fix any problem." He recounted watching the "Lone Ranger" on TV as a boy as his father left for the office on Saturday mornings.

"Our dad was a superhero to us," Ty said. "He was tough. My father was always straight with people in business and in his personal life."

Colleagues and family members spoke about Bobit's entrepreneurial spirit, exacting standards, and often freewheeling style that helped build the company into the top fleet publisher with publications serving the auto dealer, aftermarket, beauty, and law enforcement industries.

Ed enjoyed life's pleasures, which included rooting on his Michigan State Spartans football team, puffing on Marsh Wheeling cigars, and taking trips with his family, speakers said.

Tributes to Ed Bobit line a table at a reception following the memorial service. Photo by Kelly Bracken.

Ed could also show a relentless drive at the office as he expanded the company.

Ad Loading...

"He was a force of nature," said Sherb Brown, vice president and group publisher of Bobit's AutoGroup. "When Tom Brokaw talks about the Greatest Generation, Ed's the guy he's talking about."

Ed Bobit leaves behind five children, 14 grandchildren, and a great granddaughter.

More F&I

Industryby StaffMarch 6, 2026

Explore the 12 Rules for an F&I Life at EFI

EFI 2026 will take place April 13–15 at The Cosmopolitan Las Vegas.

Read More →
F&IMarch 4, 2026

Creating Your Own Economy

In this video, Reese Dailey explains how effective follow-up drives better results across the dealership, including increased sales, higher F&I penetration, and stronger customer retention.

Read More →
Industryby StaffMarch 2, 2026

Prove You Can Do F&I at EFI

‘So You Think You Can Do F&I’ is a live role-play contest taking place at the 2026 Ethical F&I Managers Conference.

Read More →
Ad Loading...
Industryby Lauren LawrenceFebruary 25, 2026

Report Finds Year-End F&I Strength

Deal volume ebbed and flowed throughout 2025, but product performance remained steady, according to automotive technology and data intelligence solutions provider StoneEagle.

Read More →
Industryby Hannah MitchellFebruary 23, 2026

Some Auto Brands Cheaper to Insure

A new top 10 list ranks the least expensive for average full insurance coverage on a clean driving record and high driver credit scores.

Read More →
F&IFebruary 13, 2026

Business Office Blueprint

Try following these 20 steps to greater success in the dealer F&I office this year.

Read More →
Ad Loading...
Industryby Lauren LawrenceFebruary 11, 2026

Insurance Shopping on the Rise

A TransUnion study found that relationship-driven sales models proved to be important, as consumers who used an agent had a lower shopping intensity than those going it alone.

Read More →
Industryby Hannah MitchellFebruary 4, 2026

Auto Insurance Cost Reprieve

2025 brought consumers relief after years of rate hikes, but 2026 could bring renewed policy pain, depending on how U.S. trade policy affects prices.

Read More →
Reese Dailey from Automotive Training Academy by Assurant
F&IFebruary 4, 2026

Cash Deal Strategies

In this video, Reese Dailey of the Automotive Training Academy by Assurant reveals strategies to make cash deals profitable without relying on monthly payment bumps.

Read More →
Ad Loading...
Cox Automotive and Dealertrack logos displayed over a dealership showroom background.
F&Iby StaffFebruary 3, 2026

Cox Auto Says Dealertrack Offers Greater Finance Efficiency

Suite of new APIs, product enhancements and integrations is designed to help maximize contracting and funding efficiency for lenders and their dealer partners.

Read More →