Tag: Sonic Automotive

Rising costs and limited supply have created challenges for used-car retailers, evidenced by Vroom’s planned shutdown of its used-car sales ...

Sonic Automotive’s closure of its Northwest Motorsport dealerships on Jan. 23 not only further shrinks the retailer’s used-vehicle business, EchoPark ...

Sonic Automotive-owned, used-car dealer group Northwest Motorsport closed its doors Jan. 23, citing market concerns.   The Puyallup, Wash.-based dealership ceased ...

Heller retires as chief technology and operations officer at Huntington  Columbus, Ohio-based Huntington Bank announced the retirement of Chief Technology ...

Auto retailers’ finance and insurance revenue dipped in the first quarter while floorplan interest expenses rose nearly across the board ...

American Credit Acceptance names Bynum CEO   Subprime automotive lender American Credit Acceptance promoted Jason Bynum to chief executive and Tori ...

Floorplan interest expense increased at publicly traded auto retailers with three retailers tallying triple-digit year-over-year increases, while finance and insurance ...

Finance and insurance (F&I) revenue jumped up on a year-over-year basis at each of the major automotive retailers in the ...