Tag: Sonic Automotive
Sonic Automotive Buys 33-store RFJ Auto Partners in deal worth $700...
North Carolina-based Sonic Automotive has confirmed a blockbuster deal, announcing the purchase of the RFJ Auto Partners group. The enormous transaction adds 33 storefronts...
Sonic Automotive Pres. Jeff Dyke discusses all-time record for quarterly revenue...
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 reports record first quarter revenues and earnings per share
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...
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...
David Smith, Sonic Automotive CEO arrested in Charlotte on assault charges
David Smith, CEO of Sonic Automotive, was arrested and charged with assault and strangulation this week. Smith was arrested by the Charlotte-Mecklenburg Police Department...
CBT automotive newscast: September 17, 2020
Today’s Featured Interview:
How AutoNation is promoting diverse and inclusive hiring practices - Rock Anderson
Here at CBT, we strive to keep the conversation going on...
Sonic Automotive’s EchoPark brand continues to grow despite industry setbacks –...
Sonic Automotive opened its newest preowned EchoPark brand store in Houston, Texas on Sept. 8, 2020, making it the eleventh retail store for the...
CBT automotive newscast: September 15, 2020
Today’s Featured Interview:
Sonic Automotive's EchoPark brand continues to grow despite industry setbacks - Jeff Dyke
Sonic Automotive opened its newest preowned EchoPark brand store in...
CBT automotive newscast: September 14, 2020
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...
Penske Automotive and Other Larger Dealer Groups Continue to Cut Jobs
When the COVID-19 pandemic struck the United States in full force mid-March, hundreds of thousands of dealership employees nationwide stayed at home to ride...