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Articles from Sonic Automotive, Inc.

Sonic Automotive Reports Fourth Quarter and Full Year Financial Results
Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” "we," "us" or "our") (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the fourth quarter and fiscal year ended December 31, 2024.
By Sonic Automotive, Inc. · Via Business Wire · February 12, 2025
Sonic Automotive Schedules Release of Fourth Quarter and Full Year 2024 Financial Results
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today announced it will release fiscal 2024 fourth quarter and full year financial results on Wednesday, February 12, 2025 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 11:00 A.M. (Eastern).
By Sonic Automotive, Inc. · Via Business Wire · January 23, 2025
Sonic Automotive Announces Acquisition of Audi New Orleans
Sonic Automotive, Inc. (“Sonic’’ or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive and powersports retailers, today announced the recent acquisition of Audi New Orleans, located in Metairie, Louisiana, serving the greater New Orleans area.
By Sonic Automotive, Inc. · Via Business Wire · December 12, 2024
EchoPark Automotive Expands Houston Southwest Freeway Experience Center
Sonic Automotive, Inc. (“Sonic’’ or the “Company”) (NYSE: SAH), a Fortune 500 Company and one of the nation’s largest automotive and powersports retailers, today announced the relocation of EchoPark Automotive Houston Southwest Freeway to a new, larger state-of-the-art experience center at 12057 Southwest Freeway in Stafford, Texas.
By Sonic Automotive, Inc. · Via Business Wire · December 5, 2024
Sonic Automotive Reports Third Quarter 2024 Financial Results
Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” “we” “us” or “our”) (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the third quarter ended September 30, 2024.
By Sonic Automotive, Inc. · Via Business Wire · October 24, 2024
Sonic Automotive Schedules Release of Third Quarter 2024 Financial Results
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today announced it will release fiscal 2024 third quarter financial results on Thursday, October 24, 2024 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 11:00 A.M. (Eastern).
By Sonic Automotive, Inc. · Via Business Wire · October 3, 2024
Sonic Automotive Reports Second Quarter 2024 Financial Results
Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” “we” “us” or “our”) (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the second quarter ended June 30, 2024.
By Sonic Automotive, Inc. · Via Business Wire · August 5, 2024
Sonic Automotive Schedules Release of Second Quarter 2024 Financial Results
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today announced it will release fiscal 2024 second quarter financial results on Monday, August 5, 2024 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 10:00 A.M. (Eastern).
By Sonic Automotive, Inc. · Via Business Wire · July 26, 2024
Sonic Automotive Announces Retirement of Rachel Richards and Promotion of Dino Bernacchi to Chief Marketing Officer
Sonic Automotive, Inc. (“Sonic’’ or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive and powersports retailers, today announced the retirement of Rachel Richards as the company’s Chief Marketing Officer (CMO). Dino Bernacchi will be promoted to Chief Marketing Officer of the company effective May 1, 2024.
By Sonic Automotive, Inc. · Via Business Wire · April 30, 2024
Sonic Automotive Reports First Quarter Financial Results
Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” "we," "us" or "our") (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the first quarter ended March 31, 2024.
By Sonic Automotive, Inc. · Via Business Wire · April 25, 2024
Sonic Automotive Schedules Release of 2024 First Quarter Financial Results
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today announced it will release fiscal 2024 first quarter financial results on Thursday, April 25, 2024 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 11:00 A.M. (Eastern).
By Sonic Automotive, Inc. · Via Business Wire · April 10, 2024
Sonic Automotive Reports Fourth Quarter and Full Year Financial Results
Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” "we," "us" or "our") (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the fourth quarter and fiscal year ended December 31, 2023.
By Sonic Automotive, Inc. · Via Business Wire · February 14, 2024
Sonic Automotive Schedules Release of 2023 Fourth Quarter and Full Year Financial Results
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today announced it will release fiscal 2023 fourth quarter and full year financial results on Wednesday, February 14, 2024 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 11:00 A.M. (Eastern).
By Sonic Automotive, Inc. · Via Business Wire · January 18, 2024
Sonic Automotive Announces Promotion of Harry Harden to Chief Human Resources Officer
Sonic Automotive, Inc. (“Sonic’’ or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive and powersports retailers, today announced the promotion of Harry Harden to Chief Human Resources Officer (CHRO), effective January 1, 2024. Harden replaces Angela Broadway who retired from the company on December 31, 2023.
By Sonic Automotive, Inc. · Via Business Wire · January 11, 2024
Sonic Automotive Reports Record Third Quarter Revenues
Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” "we," "us" or "our") (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the third quarter ended September 30, 2023.
By Sonic Automotive, Inc. · Via Business Wire · October 26, 2023
Sonic Automotive Schedules Release of 2023 Third Quarter Financial Results
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today announced it will release fiscal 2023 third quarter financial results on Thursday, October 26, 2023 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 11:00 A.M. (Eastern).
By Sonic Automotive, Inc. · Via Business Wire · October 4, 2023
Sonic Automotive Reports All-Time Record Quarterly Revenues
Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” "we," "us" or "our") (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the second quarter ended June 30, 2023.
By Sonic Automotive, Inc. · Via Business Wire · July 27, 2023
Sonic Automotive Schedules Release of 2023 Second Quarter Financial Results
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today announced it will release fiscal 2023 second quarter financial results on Thursday, July 27, 2023 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 11:00 A.M. (Eastern).
By Sonic Automotive, Inc. · Via Business Wire · July 11, 2023
Sonic Automotive Announces EchoPark’s Plans to Address Current Pre-Owned Market Volatility
Sonic Automotive, Inc. (“Sonic’’ or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the implementation of its plans to align the EchoPark brand with current pre-owned market conditions that are being negatively impacted by lower production of new vehicles over the past three years and historically low lease penetration and lease returns, resulting in lower availability of used vehicles and higher wholesale prices with unpredictable volatility.
By Sonic Automotive, Inc. · Via Business Wire · June 22, 2023
Sonic Automotive Reports Record First Quarter Revenues
Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” "we," "us" or "our") (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the first quarter ended March 31, 2023.
By Sonic Automotive, Inc. · Via Business Wire · April 27, 2023
Sonic Automotive Schedules Release of 2023 First Quarter Financial Results
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today announced it will release fiscal 2023 first quarter financial results on Thursday, April 27, 2023 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 11:00 A.M. (Eastern).
By Sonic Automotive, Inc. · Via Business Wire · April 11, 2023
Sonic Automotive Announces Grand Opening of Audi Downtown Nashville
Sonic Automotive, Inc. (“Sonic’’ or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the grand opening of Audi Downtown Nashville, a unique experience center located in the heart of downtown Nashville designed to provide an innovative way for Audi owners and enthusiasts to shop for and service Audi vehicles. Audi Downtown Nashville is the second Audi location in Nashville operated by Sonic Automotive.
By Sonic Automotive, Inc. · Via Business Wire · March 14, 2023
Sonic Automotive Announces Promotion of Angela Broadway to Chief Human Resources Officer
Sonic Automotive, Inc. (“Sonic’’ or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the promotion of Angela Broadway to Chief Human Resources Officer (CHRO), effective February 8, 2023.
By Sonic Automotive, Inc. · Via Business Wire · February 28, 2023
Sonic Automotive Announces Acquisition of Black Hills Harley-Davidson, Home of the Sturgis Motorcycle Rally
Sonic Automotive, Inc. (“Sonic’’ or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the acquisition of Black Hills Harley-Davidson, the world-wide preeminent Harley-Davidson dealership located in Rapid City, South Dakota and home of the Sturgis Motorcycle Rally, the largest motorcycle rally in the world.
By Sonic Automotive, Inc. · Via Business Wire · February 15, 2023
Sonic Automotive Reports All-Time Record Fourth Quarter and Full Year Revenues
Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” "we," "us" or "our") (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the fourth quarter and fiscal year ended December 31, 2022.
By Sonic Automotive, Inc. · Via Business Wire · February 15, 2023
Sonic Automotive Schedules Release of 2022 Fourth Quarter and Full Year Financial Results
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today announced it will release fiscal 2022 fourth quarter and full year financial results on Wednesday, February 15, 2023 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 11:00 A.M. (Eastern).
By Sonic Automotive, Inc. · Via Business Wire · January 18, 2023
EchoPark Brings More Happiness to Owners With Digital Insurance Technology Platform Partner Matic
EchoPark and Matic, a leading digital insurtech platform, announced today a long-term partnership to provide property and casualty insurance products to EchoPark guests. Under the partnership, Matic’s innovative insurance marketplace of over 40 A-rated carriers will be integrated into EchoPark’s easy-to-use and award-winning online car buying experience, providing a frictionless way for buyers to shop for and purchase auto insurance. The two companies have a joint foundation of saving guests money to provide category-leading value. EchoPark saves guests up to $3,000 on the purchase price of quality used vehicles, while Matic saves EchoPark guests up to $579 per year on auto insurance.
By Sonic Automotive, Inc. · Via Business Wire · January 17, 2023
EchoPark Automotive Is Excited to Be a Part of #HolidaysWithMarcus
Marcus Lemonis, business mogul, TV personality, motivational speaker, and most importantly, philanthropist, is at it again this holiday season with another holiday giving spree. Every year, Marcus gives away almost $2 million in gifts with his social posts #HolidaysWithMarcus and this year he adds another exciting twist. Marcus often gives away unique gifts that include known and big brands to those in need, and this year he’s giving away several vehicles from EchoPark Automotive, a subsidiary of Sonic Automotive, one of the largest automotive dealership groups in the United States.
By Sonic Automotive, Inc. · Via Business Wire · December 7, 2022
Sonic Automotive Reports Record Third Quarter Results
Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the third quarter and nine months ended September 30, 2022.
By Sonic Automotive, Inc. · Via Business Wire · October 27, 2022
Sonic Automotive Schedules Release of 2022 Third Quarter Financial Results
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today announced it will release fiscal 2022 third quarter financial results on Thursday, October 27, 2022 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 11:00 A.M. (Eastern).
By Sonic Automotive, Inc. · Via Business Wire · October 6, 2022
Sonic Automotive Continues to Grow its EchoPark Nationwide Distribution Network with Retail Hub Opening near Sacramento, California
Sonic Automotive, Inc. (“Sonic’’ or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the continued expansion of the EchoPark Automotive brand with the opening of its newest Retail Hub in Roseville near Sacramento, California.
By Sonic Automotive, Inc. · Via Business Wire · September 7, 2022
Sonic Automotive Continues to Expand its EchoPark Nationwide Distribution Network with Delivery Center Opening in Tulsa, Oklahoma
Sonic Automotive, Inc. (“Sonic'' or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the continued expansion of the EchoPark Automotive brand with the opening of its newest Delivery Center in Tulsa, the second largest city in Oklahoma.
By Sonic Automotive, Inc. · Via Business Wire · August 31, 2022
Sonic Automotive Acquires Audi Owings Mills in Maryland, Continuing the Expansion of its Franchised Dealership Network
Sonic Automotive, Inc. (“Sonic'' or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced it has acquired Audi Owings Mills. This transaction marks Sonic’s 8th Audi franchise and 112th franchised dealership overall.
By Sonic Automotive, Inc. · Via Business Wire · August 17, 2022
EchoPark Automotive Establishes Itself as a Major Player With Selection of VaynerMedia as Fully Integrated Agency of Record
EchoPark Automotive, a subsidiary of Sonic Automotive, one of the largest automotive dealership groups in the United States, today announced that it has selected VaynerMedia as its fully integrated agency of record. In a first-of-its-kind partnership, the agency will be responsible for providing full creative, strategic, analytical, social and media services as the brand expands its advertising and marketing capabilities.
By Sonic Automotive, Inc. · Via Business Wire · August 10, 2022
Sonic Automotive Reports Second Quarter Financial Results
Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the second quarter and six months ended June 30, 2022.
By Sonic Automotive, Inc. · Via Business Wire · July 28, 2022
Sonic Automotive Schedules Release of 2022 Second Quarter Financial Results
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today announced it will release fiscal 2022 second quarter financial results on Thursday, July 28, 2022 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 11:00 A.M. (Eastern).
By Sonic Automotive, Inc. · Via Business Wire · July 7, 2022
Completed EchoPark Automotive Tampa Mural Attracts Attention Along Dale Mabry Highway
EchoPark Automotive Tampa's new student-inspired exterior wall mural is already proving to be a positive addition to the surrounding community. The design of the recently completed mural celebrates the important role cars play in our everyday lives and in Tampa’s culture. EchoPark Tampa is located at 4636 N. Dale Mabry Highway, and the mural is highly visible to cars passing by on the busy roadway.
By Sonic Automotive, Inc. · Via Business Wire · July 7, 2022
A Statement from David Smith, CEO of Sonic Automotive on the Passing of the Company’s Founder and Executive Chairman Bruton Smith
Please see the statement below from David Smith, CEO of Sonic Automotive, Inc. (“Sonic'' or the “Company”) (NYSE:SAH), on the passing of the Company’s founder and executive chairman Bruton Smith.
By Sonic Automotive, Inc. · Via Business Wire · June 23, 2022
Sonic Automotive Celebrates the Start of Construction of Audi Downtown Nashville Heralding the Future of Luxury Automotive Retail
Sonic Automotive, Inc. (“Sonic'' or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, recently held a groundbreaking ceremony to celebrate the start of construction of Audi Downtown Nashville, a two-story, 35,000-square-foot building located at 15 Lindsley Avenue in the heart of the Music City’s SoBro neighborhood.
By Sonic Automotive, Inc. · Via Business Wire · May 11, 2022
Sonic Automotive Continues to Grow its EchoPark Nationwide Distribution Network with Retail Hub Opening in St. Louis, Missouri
Sonic Automotive, Inc. (“Sonic'' or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the continued expansion of the EchoPark Automotive brand with the opening of its newest Retail Hub in St. Louis, Missouri.
By Sonic Automotive, Inc. · Via Business Wire · May 10, 2022
EchoPark Automotive Tampa Announces Winners of Student Mural Contest
EchoPark Automotive Tampa is pleased to announce the winners of its student mural contest to celebrate cars and the importance they play in our everyday lives. The goal of the contest was for art students at Howard W. Blake High School to develop designs for a mural on the exterior wall of the automotive dealership. EchoPark Tampa is located at 4636 N. Dale Mabry Highway, and the mural will be highly visible to cars passing by on the busy roadway. Eighty-eight students submitted their visual interpretations of cars in today’s culture with a nod to Tampa.
By Sonic Automotive, Inc. · Via Business Wire · May 9, 2022
Sonic Automotive Reports Record First Quarter Financial Results
Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the first quarter ended March 31, 2022.
By Sonic Automotive, Inc. · Via Business Wire · April 28, 2022
Sonic Automotive Continues to Grow its EchoPark Nationwide Distribution Network with Opening of Newest Delivery Center in Columbus, Georgia
Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the continued expansion of the EchoPark Automotive brand with the opening of its newest delivery center in Columbus, Georgia. The second-largest city in Georgia after Atlanta, Columbus is located in the western part of the state along the Alabama border.
By Sonic Automotive, Inc. · Via Business Wire · April 26, 2022
Sonic Automotive Schedules Release of 2022 First Quarter Financial Results
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today announced it will release fiscal 2022 first quarter financial results on Thursday, April 28, 2022 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 11:00 A.M. (Eastern).
By Sonic Automotive, Inc. · Via Business Wire · April 8, 2022
Sonic Automotive Continues to Grow its EchoPark Nationwide Distribution Network with Opening in Raleigh, North Carolina
Sonic Automotive, Inc. (“Sonic'' or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the continued expansion of the EchoPark Automotive brand with the opening of its newest retail hub in Raleigh, North Carolina. This is EchoPark's 37th location to date and third in the state, adding to its existing Charlotte retail hub and Greensboro delivery center.
By Sonic Automotive, Inc. · Via Business Wire · April 5, 2022
Sonic Automotive Names Stephen Carvelli as Chief Technology Officer
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 company and one of the nation’s largest automotive retailers, today announced the appointment of Stephen Carvelli as Chief Technology Officer of Sonic Automotive and EchoPark Automotive, a subsidiary of Sonic Automotive.
By Sonic Automotive, Inc. · Via Business Wire · March 22, 2022
Sonic Automotive Continues EchoPark Expansion with Opening of Newest Location in Johnson City, Tennessee
Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the opening of its new EchoPark delivery center in the Tri-Cities region of Tennessee, which comprises Johnson City, Kingsport, Bristol, and surrounding communities in Northeast Tennessee and Southwest Virginia.
By Sonic Automotive, Inc. · Via Business Wire · March 15, 2022
Tim Keen Promoted to Chief Operating Officer of EchoPark Automotive, a Subsidiary of Sonic Automotive
Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the promotion of Thomas “Tim” Keen to become the first Chief Operating Officer of EchoPark Automotive, the Company’s rapidly growing nationwide pre-owned vehicle segment.
By Sonic Automotive, Inc. · Via Business Wire · February 17, 2022
Sonic Automotive Reports All-Time Record Fourth Quarter and Full Year Revenues and Earnings Per Share
Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the fourth quarter and fiscal year ended December 31, 2021.
By Sonic Automotive, Inc. · Via Business Wire · February 16, 2022
Sonic Automotive Schedules Release of 2021 Fourth Quarter and Full Year Financial Results
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today announced it will release fiscal 2021 fourth quarter and full year financial results on Wednesday, February 16, 2022 by 7:00 A.M. (Eastern). Senior management will hold a conference call on Wednesday, February 16, 2022 at 11:00 A.M. (Eastern).
By Sonic Automotive, Inc. · Via Business Wire · January 13, 2022
Sonic Automotive Continues EchoPark Expansion with Opening of Newest Location in Chattanooga, Tennessee
Sonic Automotive Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the opening of its new EchoPark delivery center in Chattanooga, the fourth-largest metropolitan area in the state of Tennessee.
By Sonic Automotive, Inc. · Via Business Wire · December 22, 2021
Sonic Automotive Continues EchoPark Expansion with Opening of Newest Location in Huntsville, Alabama
Sonic Automotive Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the opening of its new EchoPark delivery center in Huntsville, the largest city in the state of Alabama.
By Sonic Automotive, Inc. · Via Business Wire · December 21, 2021
Sonic Automotive Continues EchoPark Expansion with Opening of Newest Location in Baton Rouge, Louisiana
Sonic Automotive Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the opening of its new EchoPark delivery center in Baton Rouge, the capital city of Louisiana and second-largest metropolitan area in the state.
By Sonic Automotive, Inc. · Via Business Wire · December 8, 2021
Sonic Automotive Announces Completion of RFJ Auto Partners Acquisition
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the closing of the acquisition of RFJ Auto Partners, Inc. (“RFJ Auto”), pursuant to an agreement entered into on September 17, 2021. This acquisition represents one of the largest transactions in automotive retail history and is expected to propel Sonic Automotive into the top-five largest dealer groups in the U.S. as measured by total revenues.
By Sonic Automotive, Inc. · Via Business Wire · December 7, 2021
Sonic Automotive Continues EchoPark Expansion with Opening of Newest Location in Augusta, Georgia
Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the opening of a new EchoPark delivery center in Augusta, Georgia. Located near the South Carolina border, Augusta is the second largest metropolitan area in the state of Georgia.
By Sonic Automotive, Inc. · Via Business Wire · November 30, 2021
Sonic Automotive Continues Expansion of Its Franchised Dealership Network With the Acquisition of Cook Volkswagen
Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the acquisition of Cook Volkswagen in Fallston, Maryland. Effective today, the Company will operate the dealership as Volkswagen of Fallston, marking the 89th franchised location in the Company’s portfolio and its fourth Volkswagen dealership.
By Sonic Automotive, Inc. · Via Business Wire · November 9, 2021
Sonic Automotive Reports Record Third Quarter Revenues and Earnings Per Share
Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the third quarter and nine months ended September 30, 2021.
By Sonic Automotive, Inc. · Via Business Wire · October 28, 2021
Sonic Automotive Announces Closing of $1.15 Billion of Senior Notes in a Private Offering
Sonic Automotive, Inc. (“Sonic Automotive” or the “Company”) (NYSE: SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the closing of its private offering of $1,150,000,000 aggregate principal amount of Senior Notes, consisting of its $650,000,000 aggregate principal amount of 4.625% Senior Notes due 2029 (the “2029 Notes”) and $500,000,000 aggregate principal amount of 4.875% Senior Notes due 2031 (the “2031 Notes,” and together with the 2029 Notes, the “Notes”). The 2029 Notes and the 2031 Notes were issued at par. The Notes will be guaranteed on a senior unsecured basis by certain of the Company’s subsidiaries.
By Sonic Automotive, Inc. · Via Business Wire · October 27, 2021
Sonic Automotive Continues Expansion of its Franchised Dealership Network with the Acquisition of Bobby Ford Chrysler Dodge Jeep RAM
Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the acquisition of Bobby Ford Chrysler Dodge Jeep RAM in Sealy, Texas. Effective today, the Company will operate the dealership as Momentum Chrysler Dodge Jeep RAM of Sealy, marking the 88th franchised location in the Company’s portfolio and its first Chrysler Dodge Jeep RAM (CDJR) dealership.
By Sonic Automotive, Inc. · Via Business Wire · October 19, 2021
Sonic Automotive Announces Pricing of $1.15 Billion of Senior Notes in a Private Offering
Sonic Automotive, Inc. (“Sonic Automotive” or the “Company”) (NYSE: SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the pricing of its private offering of $1,150,000,000 aggregate principal amount of Senior Notes, consisting of its $650,000,000 aggregate principal amount of 4.625% Senior Notes due 2029 (the “2029 Notes”) and $500,000,000 aggregate principal amount of 4.875% Senior Notes due 2031 (the “2031 Notes,” and together with the 2029 Notes, the “Notes”). The 2029 Notes and the 2031 Notes were issued at par. The Notes will be guaranteed on a senior unsecured basis by certain of the Company’s subsidiaries. The sale of the Notes is expected to close on October 27, 2021, subject to customary closing conditions.
By Sonic Automotive, Inc. · Via Business Wire · October 15, 2021
Sonic Automotive Announces Offering of Senior Notes
Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic” or the “Company”) (NYSE: SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced a proposed private offering of $1.0 billion aggregate principal amount of its Senior Notes due 2029 and Senior Notes due 2031 (collectively, the “notes”). The notes will be guaranteed on a senior unsecured basis by certain of the Company’s subsidiaries.
By Sonic Automotive, Inc. · Via Business Wire · October 13, 2021
Sonic Automotive Schedules Release of Third Quarter 2021 Financial Results
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today announced it will release fiscal 2021 third quarter financial results on Thursday, October 28, 2021 by 7:00 A.M. (Eastern). Senior management will hold a conference call on Thursday, October 28, 2021 at 11:00 A.M. (Eastern).
By Sonic Automotive, Inc. · Via Business Wire · October 8, 2021
Sonic Automotive Continues to Grow Its EchoPark Nationwide Distribution Network & Digital Expansion with Opening in New Orleans, Louisiana
Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the opening of a new EchoPark Delivery Center in the New Orleans market. This is EchoPark's first location in the state of Louisiana and 31st EchoPark location to date.
By Sonic Automotive, Inc. · Via Business Wire · October 5, 2021
Sonic Automotive Names Industry Veteran as Chief Marketing Officer for EchoPark Automotive
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 company and one of the nation’s largest automotive retailers, today announced the appointment of Dino Bernacchi as Chief Marketing Officer of EchoPark Automotive, the Company’s growing nationwide pre-owned vehicle segment, effective October 4, 2021.
By Sonic Automotive, Inc. · Via Business Wire · October 4, 2021
Sonic Automotive Names Fintech Industry Expert as Chief Revenue Officer for EchoPark Automotive
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 company and one of the nation’s largest automotive retailers, today announced the appointment of Thien Truong as Chief Revenue Officer of EchoPark Automotive, the Company’s growing nationwide pre-owned vehicle segment, effective October 4, 2021.
By Sonic Automotive, Inc. · Via Business Wire · October 4, 2021
Sonic Automotive Adds $3.2 Billion in Annualized Revenues with Acquisition of RFJ Auto Partners, a Top-15 U.S. Dealer Group
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced it has entered into a definitive agreement to acquire RFJ Auto Partners, Inc. (“RFJ Auto”). This acquisition represents one of the largest transactions in automotive retail history and is expected to propel Sonic Automotive into the top-five largest dealer groups in the U.S. as measured by total revenues.
By Sonic Automotive, Inc. · Via Business Wire · September 22, 2021
Sonic Automotive Acquires Audi and Volkswagen Franchises, Continuing Expansion of Its Franchised Dealership Network in the State of Colorado
Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the acquisition of Audi Glenwood Springs and Glenwood Springs Volkswagen in Glenwood Springs, Colorado.
By Sonic Automotive, Inc. · Via Business Wire · September 1, 2021
Sonic Automotive Increases Minimum Hourly Wage to $15
Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announces wage increases to provide all hourly Sonic Automotive and EchoPark Automotive teammates a minimum wage of $15 an hour. The new pay plans will be effective starting September 1, 2021.
By Sonic Automotive, Inc. · Via Business Wire · August 19, 2021
Sonic Automotive Continues to Grow Its EchoPark Nationwide Distribution Network & Digital Expansion with Opening in Las Vegas, Nevada
Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the continued expansion of the EchoPark Automotive brand with the opening of its newest retail hub in the Las Vegas market, its first in the state of Nevada.
By Sonic Automotive, Inc. · Via Business Wire · August 17, 2021
Sonic Automotive Continues to Grow Its EchoPark Nationwide Distribution Network & Digital Expansion in Austin, Texas
Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the continued expansion of the EchoPark Automotive brand with the opening of its newest delivery center in the Austin market. With six other EchoPark locations in Texas, including one in nearby New Braunfels, Austin car buyers are already familiar with the tremendous value and guest experience that EchoPark provides its guests. The new EchoPark Austin Delivery Center will continue to fulfill EchoPark’s brand promise, while offering guests an exciting vehicle delivery experience unlike anything in the retail automotive space.
By Sonic Automotive, Inc. · Via Business Wire · August 10, 2021
Sonic Automotive Reports All-Time Record Quarterly Revenues and Earnings Per Share
Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the second quarter and six months ended June 30, 2021.
By Sonic Automotive, Inc. · Via Business Wire · July 29, 2021
Sonic Automotive Acquires Subaru and Volkswagen Franchises, Expanding Its Franchised Dealership Network in the State of Colorado
Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the acquisition of Grand Junction Subaru and Grand Junction Volkswagen in Grand Junction, Colorado.
By Sonic Automotive, Inc. · Via Business Wire · July 28, 2021
Sonic Automotive Adds Additional Market to Its Growing Echopark Nationwide Distribution Network & Digital Expansion in Pensacola, Florida
Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the introduction of EchoPark Automotive to the Pensacola market. EchoPark previously opened its first Florida location in Tampa in April 2020.
By Sonic Automotive, Inc. · Via Business Wire · July 28, 2021
Sonic Automotive Adds Additional Market To Its Growing EchoPark Nationwide Distribution Network & Digital Expansion In Louisville, Kentucky
Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the opening of an EchoPark Automotive delivery center in the Louisville, Kentucky market.
By Sonic Automotive, Inc. · Via Business Wire · July 27, 2021
Sonic Automotive Adds Additional Market To Its Growing EchoPark Nationwide Distribution Network & Digital Expansion In Greensboro, North Carolina
Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the recent opening of an EchoPark Automotive delivery center in the Greensboro, North Carolina market.
By Sonic Automotive, Inc. · Via Business Wire · July 23, 2021