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New vehicle prices fall in Feb., IIHS rates assisted-driving systems, Group 1 Automotive acquisition

Inside Automotive 

Jeff Dyke joins Inside Automotive to discuss how Sonic Automotive achieved its third most profitable year in 2023.Balancing growth to maximize dealership competitiveness — Jeff Dyke | Sonic Automotive
In 2023 Sonic Automotive, one of the nation’s largest automotive retailers, saw an all-time record annual revenue of $14.4 billion despite some challenges, like the closing of its Northwest Motorsport store locations. Joining us on Inside Automotive to take a look at the full-year earnings numbers is the President of Sonic Automotive, Jeff Dyke. Watch the full segment here

Top stories

1. New vehicle prices continue falling in February as sales pace accelerates. (Read More)

2. Tesla Autopilot, 9 other assisted-driving systems receive “poor” rating from IIHS. (Read More)

3. Tesla’s Gigafactory Berlin back online after suspected arson. (Read More)

4. Group 1 expands with Modern Classic Motors acquisition in South Carolina (Read More)

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Jaelyn Campbell
Jaelyn Campbell
Jaelyn Campbell is a staff writer/reporter for CBT News. She is a recent honors cum laude graduate with a BFA in Mass Media from Valdosta State University. Jaelyn is an enthusiastic creator with more than four years of experience in corporate communications, editing, broadcasting, and writing. Her articles in The Spectator, her hometown newspaper, changed how people perceive virtual reality. She connects her readers to the facts while providing them a voice to understand the challenges of being an entrepreneur in the digital world.

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