Tag: Sonic Automotive

Auto retailers continue to see strong profits amid crunched inventory and strong consumer demand, evidenced by the increases in finance ...

Sonic Automotive has raised the minimum wage for all hourly employees following the company’s strong performance in the second quarter ...

Inventory continues to remain low at dealerships, but dealers like Sonic Automotive, AutoNation, Asbury Automotive and Lithia Motors continue to ...

More consumers are shopping digitally due to the pandemic, and while moving financing completely online remains a challenge, it has ...

Wholesale used-vehicle prices are on the rise, increasing 6.6% in the first 15 days of June compared with May, bumping ...

Auto lenders are using a new, digital, wholesale sales platform to liquidate their off-lease inventory and repossessions, Bruce Thompson, chief ...

RumbleOn, the online used-motorcycle retailer, estimates that it will have revenue that exceeds $100 million by yearend 2018, the company ...

Online used-motorcycle retailer RumbleOn has secured a floorplan line of credit for up to $25 million from Ally Bank, the ...