News

Sonic Automotive Inc. plans to open at least three more standalone used-only EchoPark stores before year's end and an additional four to six in 2021 as part of an expansion strategy that includes ...
In accordance with this plan, Sonic has indefinitely ... for the brand’s national expansion and its continuation of providing the best guest experience in automotive retail.
Management underscored a cautious approach to expansion ... With clear plans for 2025 and beyond, Sonic Automotive is ...
Dyke confirmed Sonic is “100%” pursuing acquisitions in the second half of 2025, particularly in its franchise business. EchoPark is expected to begin expansion again in early 2026, and the company is ...
Sonic Automotive is investing in online platforms ... Our variable rate floor plan facilities, the 2021 Revolving Credit Facility, the 2019 Mortgage Facility and our other variable rate notes ...
Sonic Automotive SAH recently acquired Audi ... In the last reported quarter, SG&A rose 26% year over year. Massive expansion plans and the rollout of the new stores may limit operating margins ...
Sonic Automotive Inc.’s (NYSE ... “We will continue to execute on our expansion plans for EchoPark and we'll continue to monitor market conditions and periodically consider potential ...