Tag: Sonic Automotive

Sonic Automotive’s used-car business could soon outgrow its other divisions amid a planned expansion of EchoPark.   EchoPark, the used-car ...

Sonic Automotive’s powersports finance and insurance revenue rose in the third quarter as vehicle sales increased and management signaled plans ...

Retailer Sonic Automotive’s franchised dealership finance and insurance revenue declined alongside lower new-vehicle sales in the third quarter.  Charlotte, N.C.-based ...

Sonic Automotive continues to lean into powersports sales growth amid additional Harley-Davidson acquisitions and as Sonic benefits from its size and market position.   While smaller, private powersports players may ...

Group 1 Automotive announced it would purchase 10 dealerships from Hennessey Automobile Co. today, and reported declines in finance and ...

Sonic Automotive expanding its footprint in the powersports sector through the acquisition of five Harley-Davidson dealerships.  The Charlotte, N.C.-based retailer acquired Harley-Davidson stores in ...

Retailers Group 1 Automotive, Sonic Automotive and Penske Automotive reported declines in new-vehicle sales and mixed finance and insurance revenue ...

Asbury Automotive has completed the sale of 10 dealerships in Indiana, Missouri and South Carolina as part of its portfolio optimization strategy.  The move generated about ...