Ed Bobit Remembered as 'Force of Nature'
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.
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.
Ed could also show a relentless drive at the office as he expanded the company.
"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 Industry

Charger Network Growth Slows
Despite a projected increase in public EV chargers in 2026, charging infrastructure remains a top concern for consumers as the gap between the most and least EV-friendly places remains substantial.
Read More →
Lenders, Consumers Take on More Auto Loan Risk
September records loosened credit access the most in over a decade as buyers took advantage of the conditions to afford trading, though loan applications fell.
Read More →
Next-Gen Hybrids in Sight
Dealerships can expect to see revamped hybrids from Honda next year as the company rolls out a new system and model lineup.
Read More →
Gem State Stores Change Hands
A larger auto group founded in the industry’s early years sold two franchises to a neighbor group that's on a growth spurt.
Read More →
Charging In Motion
Honda has been researching wireless in-motion charging for electric vehicles since 2025, and new technology developments have put it a step closer to a final product.
Read More →
Twin Cities Stores Sell
Minnesota-based Walser Automotive Group made what it called the most significant acquisition in its history with a three-rooftop deal in Minneapolis.
Read More →
U.S. Auto Sales Still Below Prepandemic Levels
Mobility Global industry observers don’t expect the market to return to the higher volumes that became routine before Covid but to stay well below its potential.
Read More →
The Powertrain Shift
Electric-vehicle owners are backpedaling, according to new data, with product availability driving many to shift back to gas-powered engines.
Read More →
Achromatic Autos
The shades that dominate the U.S. car market don’t call attention to themselves, though grayscale may have plateaued after a 30-year upswing, research shows.
Read More →
Used-Vehicle Affordability Worsens
Listing prices in August defied seasonal trends, rising above $27,000 for the second time this year.
Read More →