Tag: Sonic Automotive

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 ...

Auto retailer Sonic Automotive’s finance and insurance revenue increased despite a slowdown in new- and used-auto sales in the fourth quarter and full-year 2025.   Sonic’s finance and insurance (F&I) revenue ...

Motorcycle sales surged at the 85th annual Sturgis Motorcycle Rally in August, indicating sustained consumer demand despite tariff-induced headwinds. Retailer ...

Retailers Group 1 Automotive and Sonic Automotive reported double-digit year-over-year increases in finance and insurance revenue during the second quarter ...

Group 1 Automotive and Sonic Automotive reported upticks in finance and insurance revenue and sales during the first quarter.  Group ...