Ed Bobit, founder and chairman of Bobit Business Media, has passed away
Ed Bobit, founder and chairman of Bobit Business Media, and publisher of Automotive Fleet magazine and many other media brands, passed away this morning at the age of 86. Last summer Bobit had undergone valve-replacement surgery and had been working primarily from home. He died peacefully in his sleep.

Ed Bobit, founder and chairman of Bobit Business Media, and publisher of Automotive Fleet magazine and many other media brands, passed away this morning at the age of 86. Last summer Bobit had undergone valve-replacement surgery and had been working primarily from home. He died peacefully in his sleep.
Bobit was a man of outsize pleasures, but none more than his work and family, which were usually one and the same. Ed’s son Ty runs the company (Ed had turned over the CEO mantle to Ty in 2007) and his eldest grandson Blake joined the company in 2010. Ed loved the fleet business and counted among his closest friends those he first met through the business.
He had a big family and enjoyed hosting annual reunions of his five grown children (his daughter Bonnie predeceased him in 2007), 14 grandchildren, and 1 great-grandchild. He mentored many, many publishing professionals in his long career, and inspired many fleet professionals with his advocacy for the industry. The original idea for Automotive Fleet grew out of his notion that there were not enough resources for the men and women who managed large fleets. He launched the company’s flagship publication in November 1961. He was inducted into the Fleet Hall of Fame in 2009.
One of his greatest passions was any sport played by his beloved Michigan State, where he played himself during his undergraduate career. This year’s Spartan victory at the Rose Bowl, which he watched live, was, in his own words, “One of the happiest days of my life.”
He is survived by his five children: Ty Bobit, Beverly Jacobson, Beth Edwards and Bobi Jo Banas, Barbara Jusseaume, 14 grandchildren and one great-grandchild.
For additional information and updates please visit Automotive Fleet.
Originally posted on F&I and Showroom
More Dealer Ops

Dealer Debrief: Improving Your Inventory Management
In this week's debrief, host Lauren Lawrence covers a new survey that shows what service technicians really want and two launches that could help improve your inventory and vehicle life cycle management.
Read More →
Ladies and Gentlemen, This Is a Dealership: Why the Fundamentals Still Decide Who Wins
A teaching moment by a legendary football coach happens to apply perfectly in the auto retail space. Learn what it is and how to use it to your store’s advantage.
Read More →
What Market Timing Mistakes Mean for Your Reinsurance Program
When volatility hits, dealer-owned reinsurance programs face a familiar temptation: pull back and wait for calmer waters. New data from BOK Financial shows why that instinct can quietly cost you years of surplus growth.
Read More →
Dealer Ads and the FTC
The agency has made it clear in recent enforcement actions and warnings, in auto retail and other industries, that advertised prices must include all nonoptional costs to the consumer.
Read More →
Used Autos Supply Dwindles
The March shopping surge, despite high prices, cut into inventory by the most since the thick of the pandemic, Cox Automotive analysts calculated.
Read More →
Managing Risk Effectively Through Changing Times
The variables influencing risk pricing have changed significantly over the past five years. Being proactive and responsive to emerging trends is not optional but essential.
Read More →
Survey Reveals What Won't Fix What's Breaking Car Sales
AutoPayPlus says extra-long auto loans are trapping consumers and threatening the dealer trade-in cycle, and that the industry is leveraging the wrong tools to combat high MSRPs.
Read More →
IA American Appoints Two Execs
Senior vice presidents of the company's agent and dealer channels chosen to support general agents and help auto dealers with sales and performance.
Read More →
Cox Automotive Acquires Inspection Firm
Full ownership of Alliance Inspection Management, or AiM, meant to unlock growth for Manheim inspection capabilities
Read More →
Assurant Expands Partnership With Holman
Extended collaboration delivers training, products and performance development to 30 newly acquired Holman dealerships
Read More →