Tag: Sonic Automotive
Sonic Automotive partners with Instabase for document processing technology
Automotive retail giant Sonic Automotive Inc. has partnered with automation platform Instabase Inc. for its document processing capabilities. Instabase’s accounts payable invoice processing solution software...
Sonic Automotive opens EchoPark retail hub in Missouri
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’s David Smith discusses semiconductor chips, EchoPark business
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...
Sonic Automotive reports powerful Q1 performance
Sonic Automotive Inc. released its first-quarter results on Thursday, which noted several record numbers across the board.
Quarterly revenues reportedly grew 28.7% year over year (YoY), reaching...
How Brian Benstock continues to push his business to new heights
Today on Inside Automotive, we're pleased to welcome back the no.1 certified Honda and Acura dealer globally, Brian Benstock, Partner GM and Vice President...
Sonic Automotive Pres. Jeff Dyke on record earnings: ‘we’re not slowing...
Sonic Automotive, one of the auto industry's top performers, had an incredible 2021. The expansion of its pre-owned brand EchoPark Automotive, the acquisition of...
M&A expert Dave Cantin on how today’s dealership acquisitions are shaping...
2021 has been a record year for mergers and acquisitions in retail automotive. We’ve seen quite a bit of activity, so what does this...
Sonic Automotive continues expansion of its franchised dealership network with the...
CHARLOTTE, N.C. – November 9, 2021 – Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive...
Dealership M&A activity reaching feverish pace in third quarter
For all of 2021, dealership sales, group mergers, and acquisitions have been occurring at a pace that defies convention. These profit centers have the...
Sonic Automotive Pres. Jeff Dyke discusses $700M acquisition of RFJ Auto...
Sonic Automotive, one of the nation’s largest retailers, recently announced the acquisition of RFJ Auto Partners. RFJ Auto consists of 33 franchised and used...