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Auto Dealer Monthly Media Assets Sold by Greg Goebel to Bobit Business Media

Email Messages sent out on Friday 12/28 indicate that the assets of Auto Dealer Monthly, LLC have been sold to Bobit Business Media by Greg Goebel.

Auto Dealer Monthly, LLC has published both the Magazine (see cover image to right) and two online publications for more than 5 years:

CORRECTION REQUEST:

I received the following message from Harlene Doane on Saturday where she clarifies the asset purchase nature of this deal:

Ralph,

would you please issue a correction to this post. Bobit is NOT changing their name. They purchased the media assets not the company and therefore Auto Dealer Monthly LLC which Greg still owns cannot retain the name. 

Greg's company will be changing names to Used Car University, LLC

Thanks 

Harlene

First, I want to sincerely congratulate Greg Goebel for the successful sale of his magazine and online publications. I have always been a fan of Greg's writing and publications and have been an Auto Dealer Monthly reader for more than six years.

Secondly, I would like to wish Greg, Harlene, Bobit Business Media and all involved much success with their future publications and business models. I am sure the publications and websites will continue with their long history of high quality information and industry specific news....

Shown below is an example of the email announcement sent on Friday:

From: Auto Dealer Monthly a href="mailto:autodealermonthly@e-halldata.com" target="_blank">autodealermonthly@e-halldata.com>
Date: Fri, Dec 28, 2012 at 3:05 PM
Subject: Please Update Your Address Book
To: XXXXXXXXXXXXXXX

"I am pleased to announce that Auto Dealer Monthly magazine, Auto Dealer Monthly website and Special Finance Insider Website have been purchased by Bobit Business Media. The decision to sell the media properties of Auto Dealer Monthly, LLC was made based on having the absolute best fit for continued publishing of the magazine and Bobit Business Media was the perfect choice."

"Bobit Business Media is an experienced publisher with many automotive publications and will continue to serve the dedicated readers of Auto Dealer Monthly magazine well. Anna Hildebrandt will continue to serve all of Auto Dealer Monthly's client as she has done so for so many years now."

"In keeping with the sale agreement here are some things you should know."

"Auto Dealer Monthly, LLC will be changing it's name to Used Car University, LLC. which is where I will be spending my time developing more training for the industry."

"My new email address effective immediately is Greg@UsedCarU.com"

"Harlene Doane can be reached at Harlene@UsedCarU.com, effective immediately."

"The new phone number for UsedCarU is  812.467.0594, and the fax is 888.386.2236"

"If you have any questions about any of this, please do not hesitate to call our office."

"Sincerely, Greg Goebel"

Views: 371

Tags: Auto Dealer Monthly, Becomes, Bobit Business Media, LLC, Magazine, Sold, Used Car University

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Comment by Ralph Paglia on December 29, 2012 at 2:50pm

CORRECTION REQUEST:

I received the following message from Harlene Doane where she clarifies the asset purchase nature of this deal:

"Ralph,

would you please issue a correction to this post. Bobit is NOT changing their name. They purchased the media assets not the company and therefore Auto Dealer Monthly LLC which Greg still owns cannot retain the name. 

Greg's company will be changing names to Used Car University, LLC

Thanks 

Harlene"

Comment by Stan Sher on December 29, 2012 at 11:05am

Congrats Greg...I wish you much success.

Comment by Greg Goebel on December 29, 2012 at 8:06am

Ralph,

Thanks for the very kind words, and yes, as Harlene clarified, Bobit is not renaming the publication.  We did not sell my company, but just sold the media properties so that we can focus our time on energies on my passion - training - hence the name change of my business entity to Used Car University, LLC.  UCU will continue to work with Bobit to produce our annual convention, the Industry Summit, and I will continue to write for them.  

I am sure with the many, many publications that BBM owns, their resources will allow Auto Dealer Monthly to be grown to new heights, and I will be excited to see where it takes our creation.  

Thanks again, Ralph, and I hope you have a very Happy New Year!

Best regards,
GG

Comment by Harlene Doane on December 29, 2012 at 6:43am

Ralph,

 I think we need to clarify your post which is NOT correct.

Bobit Business Media will continue publishing Auto Dealer Monthly magazine and they did purchase the media assets however they did NOT purchase the company nor is Bobit changing the name of anything.

However Auto Dealer Monthly, LLC which Greg still owns, will be changing their name to Used Car University and will continue to host their events and provide dealer education in the coming year.

Comment by Bob Cockerham on December 28, 2012 at 6:34pm

Congrats Gregg and Harlene!!!

Comment by Michael on December 28, 2012 at 3:04pm

Yes, this publication and hopefully will continue great editorial content as personally been reading cover to cover for about a decade. Congrats Greg and staff for the recognition.

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