Automotive News - October 17, 2016 - Supplement - S30

30 ❙ OCTOBER 17, 2016 B O M N I N C H E V R O L E T, M I A M I Staffers stay, and business takes off Chevy dealership's retention trickles down from managers Managers at Arnaldo Bomnin's Miami dealership are people he met shortly after he started selling cars in 1996. Printed in Automotive News May 9, 2016 Arlena Sawyers asawyers@crain.com rnaldo Bomnin surrounds himself with people he knows well and who know him. For example, the sales manager Bomnin reported to when he first started as a salesman at a Nissan store in Miami in 1996 now is his Internet manager at Bomnin Chevrolet, also in Miami. He and his new-car manⅢ Keeping salesperson ager go way back, as well. turnover to Bomnin hired him to sell cars a minimum in 2001 when Bomnin was sales manager at a Miami Chevrolet dealership. Bomnin met these people and others who are now managers at his dealership shortly after November 1996, when he started selling new vehicles at South Motors Nissan during the day and attending school at night to learn English. That was just five months after he immigrated to the U.S. from Pinar del Rio, Cuba. The glue that bonds Bomnin and his managers trickles down and keeps his salespeople sticking around, too. In 2014, he lost no salespeople. In 2015, he kept turnover to less than 6 percent. So far this year, he has had only one salesperson out of 37 leave the dealership. A 'A very stable team' That staffing stability, he says, is critical to the 30 to 40 percent of his business that he attributes to repeat customers and referrals. That repeat business, in turn, has helped him grow sales at an above-industry pace. In 2015, Bomnin's new-vehicle sales grew 29 percent to 3,199. The store's used-vehicle sales climbed 8.2 percent to 2,034. "I have five sales managers, five Internet managers and eight F&I managers, and most of them started selling cars with me," said Bomnin, 45, who holds a medical degree from the Medical University of Pinar del Rio. "We have a very stable team. Our people don't leave, and that's key. That's part of the secret. When you have 60 percent turnover in the sales force, you'll never be able to grow your business," he said. Bomnin and his former business partner acquired Kendall Chevrolet in November 2010, which they renamed Lorenzo-Bomnin Chevrolet. He bought out his partner's interest on May 1, 2015, and renamed the store Bomnin Chevrolet. Through March, Bomnin's dealership was the sixth largest-volume Chevrolet dealership in the U.S., General Motors confirms. Bomnin says his tally through March was 970 new and 582 used vehicles. His pay plan helps keep the sales staff grounded. He pays them a commission and an incentive based on customer satisfaction. But more importantly, he makes sure his employees get enough sales volume to earn enough "to take care of their families," he said. His 36 salespeople each average about 15 vehicle sales per month, generating about 550 new- and used-vehicle sales. That volume ensures his salespeople make a good living, he said. "The math is simple," he said. "If you flood the floor [with staff], and you have a salesperson for every 10 cars, they'll never be able to make a good living. They will struggle." As a teen in Cuba, Bomnin wanted to become an architect. But his father wanted him to pursue a career as a doctor because of the prestige that would bring. He was 24 and fresh out of medical school when he learned the Cuban government wanted him to become a military doctor. That's when he decided to head to Miami to pursue his medical career. He arrived in Miami on June 19, 1996. Bomnin made money however he could. He worked at a factory making boxes for avocados, had his own landscaping business and sold lobsters on the streets. He took English at Miami-Dade Community College at night. Chasing a dream In November 1996, his cousin's husband, who was general manager at South Motors Nissan, hired him as a salesman. His career took off. From May 1999 through July 2000, Bomnin was the dealership's top salesperson, selling an average 27.4 vehicles per month. In August 2000, he joined AutoNation Inc.'s Maroone Chevrolet of Miami as its sales manager and was its general sales manager in 2004-06. In 2007, he joined the company's Maroone Chevrolet of West Dade in Doral, Fla., as its general manager. AutoNation has since renamed all of its stores with the AutoNation moniker. Bomnin left AutoNation in 2009 to pursue his dream of owning a dealership. When he and his business partner acquired the Chevy store, it sold just 76 new and used vehicles a month. By November 2013, the month the partners opened their new 39,000-square-foot facility, the dealership sold an average of 150 new and 140 used vehicles per month. Bomnin credits GM and AutoNation for giving him opportunities. "AutoNation is a great company, and I am grateful for the time I worked for them," Bomnin said. "And GM's southeastern [region] helped me get my first [dealership] opportunity." c

Table of Contents for the Digital Edition of Automotive News - October 17, 2016 - Supplement

Automotive News - October 17, 2016 - Supplement - Intro
Automotive News - October 17, 2016 - Supplement - S1
Automotive News - October 17, 2016 - Supplement - S2
Automotive News - October 17, 2016 - Supplement - S3
Automotive News - October 17, 2016 - Supplement - S4
Automotive News - October 17, 2016 - Supplement - S5
Automotive News - October 17, 2016 - Supplement - S6
Automotive News - October 17, 2016 - Supplement - S7
Automotive News - October 17, 2016 - Supplement - S8
Automotive News - October 17, 2016 - Supplement - S9
Automotive News - October 17, 2016 - Supplement - S10
Automotive News - October 17, 2016 - Supplement - S11
Automotive News - October 17, 2016 - Supplement - S12
Automotive News - October 17, 2016 - Supplement - S13
Automotive News - October 17, 2016 - Supplement - S14
Automotive News - October 17, 2016 - Supplement - S15
Automotive News - October 17, 2016 - Supplement - S16
Automotive News - October 17, 2016 - Supplement - S17
Automotive News - October 17, 2016 - Supplement - S18
Automotive News - October 17, 2016 - Supplement - S19
Automotive News - October 17, 2016 - Supplement - S20
Automotive News - October 17, 2016 - Supplement - S21
Automotive News - October 17, 2016 - Supplement - S22
Automotive News - October 17, 2016 - Supplement - S23
Automotive News - October 17, 2016 - Supplement - S24
Automotive News - October 17, 2016 - Supplement - S25
Automotive News - October 17, 2016 - Supplement - S26
Automotive News - October 17, 2016 - Supplement - S27
Automotive News - October 17, 2016 - Supplement - S28
Automotive News - October 17, 2016 - Supplement - S29
Automotive News - October 17, 2016 - Supplement - S30
Automotive News - October 17, 2016 - Supplement - S31
Automotive News - October 17, 2016 - Supplement - S32
Automotive News - October 17, 2016 - Supplement - S33
Automotive News - October 17, 2016 - Supplement - S34
Automotive News - October 17, 2016 - Supplement - S35
Automotive News - October 17, 2016 - Supplement - S36
Automotive News - October 17, 2016 - Supplement - S37
Automotive News - October 17, 2016 - Supplement - S38
Automotive News - October 17, 2016 - Supplement - S39
Automotive News - October 17, 2016 - Supplement - S40
Automotive News - October 17, 2016 - Supplement - S41
Automotive News - October 17, 2016 - Supplement - S42
Automotive News - October 17, 2016 - Supplement - S43
Automotive News - October 17, 2016 - Supplement - S44
Automotive News - October 17, 2016 - Supplement - S45
Automotive News - October 17, 2016 - Supplement - S46
Automotive News - October 17, 2016 - Supplement - S47
Automotive News - October 17, 2016 - Supplement - S48
https://www.nxtbook.com/nxtbooks/crain/an3219542277LMDFA_supp
https://www.nxtbook.com/nxtbooks/crain/an3435609782TWTKL_supp
https://www.nxtbook.com/nxtbooks/crain/an2737646517HKDWS_supp
https://www.nxtbook.com/nxtbooks/crain/an2746596872HIAJD_supp
https://www.nxtbook.com/nxtbooks/crain/an4955867723FWRSS_supp
https://www.nxtbook.com/nxtbooks/crain/an1326535475LMTIM_supp
https://www.nxtbook.com/nxtbooks/crain/an3887461294KHGFY_supp
https://www.nxtbook.com/nxtbooks/crain/an3245837562PLINN_supp
https://www.nxtbook.com/nxtbooks/crain/an4756684734HIGTK_supp
https://www.nxtbook.com/nxtbooks/crain/an8475647221RWSTS_supp
https://www.nxtbook.com/nxtbooks/crain/an4475637112TIGSM_supp
https://www.nxtbook.com/nxtbooks/crain/an4472236451GHTLT_supp
https://www.nxtbook.com/nxtbooks/crain/an8875623549CBWAF_supp
https://www.nxtbook.com/nxtbooks/crain/an2713984755IBPIT_supp
https://www.nxtbook.com/nxtbooks/crain/an2365889566CBASA_supp
https://www.nxtbook.com/nxtbooks/crain/an2713985847ISTTW_supp
https://www.nxtbook.com/nxtbooks/crain/an9826351139SHNKT_supp
https://www.nxtbook.com/nxtbooks/crain/an4239576129HTSKA_supp
https://www.nxtbook.com/nxtbooks/crain/an4859867123HPGMF_supp
https://www.nxtbook.com/nxtbooks/crain/an9875632144BLASA_supp
https://www.nxtbook.com/nxtbooks/crain/an5948576134HMTFC_supp
https://www.nxtbook.com/nxtbooks/crain/an4958670126PBWGM_supp
https://www.nxtbook.com/nxtbooks/crain/an9384756453JBFPW_supp
https://www.nxtbook.com/nxtbooks/crain/an8395756432AMIHC_supp
https://www.nxtbook.com/nxtbooks/crain/an9405856762CSFLS_supp
https://www.nxtbook.com/nxtbooks/crain/an3873120954AMTCW_supp
https://www.nxtbook.com/nxtbooks/crain/an8097364512SITPF_supp
https://www.nxtbook.com/nxtbooks/crain/an3478925478LIALS_supp
https://www.nxtbook.com/nxtbooks/crain/an9894756324SSFTL_supp
https://www.nxtbook.com/nxtbooks/crain/an5847323487AICCS_supp
https://www.nxtbook.com/nxtbooks/crain/an3874321237DILDC_supp
https://www.nxtbook.com/nxtbooks/crain/an8784431649FWCWY_supp
https://www.nxtbook.com/nxtbooks/crain/an8392274512LCCSM_supp
https://www.nxtbook.com/nxtbooks/crain/an5623423988AMCTW_supp
https://www.nxtbook.com/nxtbooks/crain/an9384756213BALRS_supp
https://www.nxtbook.com/nxtbooks/crain/an9382218435SPOMB_supp
https://www.nxtbook.com/nxtbooks/crain/ANshowdaily80819
https://www.nxtbook.com/nxtbooks/crain/ANshowdaily80719
https://www.nxtbook.com/nxtbooks/crain/ANshowdaily80619
https://www.nxtbook.com/nxtbooks/crain/an3214543326LCFPC_supp
https://www.nxtbook.com/nxtbooks/crain/an9381127498RISGS_supp
https://www.nxtbook.com/nxtbooks/crain/an8473635224CDSLM_supp
https://www.nxtbook.com/nxtbooks/crain/an8373746387BIMHS_retail
https://www.nxtbook.com/nxtbooks/crain/an7698534210IRHTD_supp
https://www.nxtbook.com/nxtbooks/crain/an8447751218IHAGC_supp
https://www.nxtbook.com/nxtbooks/crain/an8576321197WMPRC_supp
https://www.nxtbook.com/nxtbooks/crain/an6399112438IRHAH_supp
https://www.nxtbook.com/nxtbooks/crain/an8736450912ADGJT_supp
https://www.nxtbook.com/nxtbooks/crain/an8700873122RNARH_supp
https://www.nxtbook.com/nxtbooks/crain/an1093836455HAGTA_supp
https://www.nxtbook.com/nxtbooks/crain/an9808765635GTJTW_supp
https://www.nxtbook.com/nxtbooks/crain/an6525367432FHMLB_supp
https://www.nxtbook.com/nxtbooks/crain/an8597421143MCFPA_supp
https://www.nxtbook.com/nxtbooks/crain/an4298726547VWGGA_supp
https://www.nxtbook.com/nxtbooks/crain/an7799856412ILBOV_supp
https://www.nxtbook.com/nxtbooks/crain/an2056982648AHHIA_supp
https://www.nxtbook.com/nxtbooks/crain/an5678154982IEHDT_supp
https://www.nxtbook.com/nxtbooks/crain/an0211270720DPISS_supp
https://www.nxtbook.com/nxtbooks/crain/an2325269754PSINO_supp
https://www.nxtbook.com/nxtbooks/crain/an5627892889EASBC_supp
https://www.nxtbook.com/nxtbooks/crain/an4778021396LTBFA_supp
https://www.nxtbook.com/nxtbooks/crain/an1549365874TIUIG_supp
https://www.nxtbook.com/nxtbooks/crain/an9685896971RTQAT_supp
https://www.nxtbook.com/nxtbooks/crain/an3126539765SSIKM_supp
https://www.nxtbook.com/nxtbooks/crain/an2348716424IHBFN_v2
https://www.nxtbook.com/nxtbooks/crain/an2713112513DPIAA_GEDsupp
https://www.nxtbook.com/nxtbooks/crain/an2713112513DPIAA_GIEsupp
https://www.nxtbook.com/nxtbooks/crain/an5740978765KIYTC_v2
https://www.nxtbook.com/nxtbooks/crain/an8786483429YWIRB_v2
https://www.nxtbook.com/nxtbooks/crain/an1441850607BCEKP_supp
https://www.nxtbook.com/nxtbooks/crain/an2231982341SHRK_supp
https://www.nxtbook.com/nxtbooks/crain/an9824752309LOLIKP_supp
https://www.nxtbook.com/nxtbooks/crain/an8849332574YIKP_supp
https://www.nxtbook.com/nxtbooks/crain/an3756575112SAIKPv2
https://www.nxtbook.com/nxtbooks/crain/an7389812526DOQKPv2
https://www.nxtbook.com/nxtbooks/crain/an7474633298JQMKPv2
https://www.nxtbook.com/nxtbooks/crain/an8763487432NAOKPv2
https://www.nxtbook.com/nxtbooks/crain/an3748383922LRGKPv2
https://www.nxtbook.com/nxtbooks/crain/an8347508927POTKPv2
https://www.nxtbook.com/nxtbooks/crain/an9610620377FSKKP_supp
https://www.nxtbook.com/nxtbooks/crain/an4981263095CBNKP_supp
https://www.nxtbook.com/nxtbooks/crain/an6723445245SDFLF_supp
https://www.nxtbook.com/nxtbooks/crain/an4862340134FSEJC_supp
https://www.nxtbook.com/nxtbooks/crain/an4596813450LQFCN_supp
https://www.nxtbook.com/nxtbooks/crain/an2348692346SDGCN_supp
https://www.nxtbook.com/nxtbooks/crain/an1634224522ASDLC_supp
https://www.nxtbook.com/nxtbooks/crain/an0267104334RTSJC_supp
https://www.nxtbook.com/nxtbooks/crain/an6029878560PGSCN_supp
https://www.nxtbook.com/nxtbooks/crain/an5214469855HGBKP_supp
https://www.nxtbook.com/nxtbooks/crain/an1062061234GSGBL_supp
https://www.nxtbook.com/nxtbooks/crain/an5038325406GSDCN_supp
https://www.nxtbook.com/nxtbooks/crain/an3992752354ASPLF_supp
https://www.nxtbook.com/nxtbooks/crain/an7986445324GHYCN_supp
https://www.nxtbook.com/nxtbooks/crain/an1455687392FTBTE_v2
https://www.nxtbook.com/nxtbooks/crain/an2289678453HBCLF_v2
https://www.nxtbook.com/nxtbooks/crain/an5633892673TBEKP_v2
https://www.nxtbook.com/nxtbooks/crain/an4663981572FBCJC_v2
https://www.nxtbook.com/nxtbooks/crain/ane_7746982457HCTBV_supp
https://www.nxtbook.com/nxtbooks/crain/an8994656823RVGCN_v2
https://www.nxtbook.com/nxtbooks/crain/an4566329884GVTLF_supp
https://www.nxtbook.com/nxtbooks/crain/an7466398157YCPTS_supp
https://www.nxtbook.com/nxtbooks/crain/an5334987156YBHBL_supplement
https://www.nxtbook.com/nxtbooks/crain/an2822679175GTHTS_bestpractices
https://www.nxtbook.com/nxtbooks/crain/an4893356182CJPCN_v2
https://www.nxtbook.com/nxtbooks/crain/an8388619274RBCCN_v2
https://www.nxtbook.com/nxtbooks/crain/an7833092572SPRBW_v2
https://www.nxtbook.com/nxtbooks/crain/an5533789923FTBLF_v2
https://www.nxtbook.com/nxtbooks/crain/an7884599237HYQJC_v2
https://www.nxtbook.com/nxtbooks/crain/an1335576249HBWKP_v2
https://www.nxtbook.com/nxtbooks/crain/an7855749033KPMLF_v2
https://www.nxtbook.com/nxtbooks/crain/an8946778932RBTTS_v2
https://www.nxtbook.com/nxtbooks/crain/an6735519136YBPMG_v2
https://www.nxtbook.com/nxtbooks/crain/an_20130318Top125
https://www.nxtbook.com/nxtbooks/crain/an3766500224HBPJC_v2
https://www.nxtbook.com/nxtbooks/crain/an_080612_supp
https://www.nxtbookmedia.com