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Sonic Automotive, one of the largest dealership groups in the U.S., is closing eight EchoPark used-vehicle stores.

Sonic Automotive closes eight EchoPark locations to shift used-vehicle supply

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Sonic Automotive, one of the largest dealership groups in the U.S., is closing eight EchoPark used-vehicle stores in response to supply and demand pressures,...
Sonic Automotive Jeff Dyke

How Sonic Automotive was able to break records in 2022 —...

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Sonic Automotive recently reported revenue records for the fourth quarter and fiscal year of 2022. On this episode of Inside Automotive, Jeff Dyke, the...
Sonic Automotive

Sonic Automotive posts record breaking Q4 results for 2022

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Sonic Automotive has revealed record-breaking fourth quarter results in its earnings report, with sizable gains in revenue and profit. In Q4, the North Carolina dealer...
EchoPark

Sonic Automotive opens EchoPark retail hub in Missouri

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In a press release this week, Sonic Automotive said that its EchoPark brand has now expanded into Missouri as part of its goal to have 90%...
Sonic Automotive

Sonic Automotive’s David Smith discusses semiconductor chips, EchoPark business

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Last week, Sonic Automotive's Chief Executive Officer, David Smith, told the Charlotte Business Journal that his company had a great first quarter but is undoubtedly being impacted by...
Dyke

Sonic Automotive Pres. Jeff Dyke discusses all-time record for quarterly revenue...

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 Sonic Automotive recently announced an all-time record quarterly revenue of $3.4 billion, that’s up 58.7% year-over-year. Plans for further expansion of EchoPark were also...
Sonic Automotive

Sonic Automotive reports record first quarter revenues and earnings per share

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CHARLOTTE, N.C.-- Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the first quarter...

How Sonic Automotive and EchoPark plan to keep up their momentum...

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Sonic Automotive is coming off a strong year in 2020 as it set records in sales and expanded its EchoPark used-car stores. Today, we...
Sonic Automotive

Sonic Automotive’s EchoPark brand continues to grow despite industry setbacks –...

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Sonic Automotive opened its newest preowned EchoPark brand store in Houston, Texas on Sept. 8, 2020, making it the eleventh retail store for the...
auto sales

CBT automotive newscast: September 14, 2020

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Today’s Featured Interview: CBT News Market Update: Michael Tyman, Professional Success & Giovanna Scognamiglio, LotLinx The first half of September is behind us, and here is...