This story can be a part of a particular part marking the 50th anniversary of Subaru in America, to be revealed within the Feb. 12 situation of Automotive Information.
Together with his matted lengthy hair, grey beard, rock band T-shirts and sneakers, Ernie Boch Jr. seems to be extra like an ageing rock star than the billionaire businessman whose firm offered about 10 p.c of all Subarus retailed within the U.S. final 12 months.
Boch, who turns 60 this week, does in actual fact play in a rock band. However he’s additionally CEO of Boch Enterprises, an impartial distributor for 64 Subaru dealerships within the six New England states — Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont. Final 12 months, Boch Enterprises offered near 65,000 automobiles of the model’s U.S. whole of 647,956.
The hypercompetitive Boch says he has visited Subaru distributors in a number of overseas markets to “take concepts again as inspiration” after which tries to outsell them.
He has benefited handsomely from the model’s increasing recognition. He’s the 30th richest individual in Massachusetts with a web price of $1.1 billion, in response to AffluenceIQ in Winchester, Mass.
Certainly, Subaru’s future of success has been superb to him. Boch lives giant in Norwood, Mass., having renovated an ageing mansion, doubling the dimensions to 16,000 sq. ft and shopping for adjoining properties in order that his house sits on six acres.
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