New-car dealership chain Sonic Automotive Inc. unveiled a much more ambitious game plan for its EchoPark brand of standalone used-car dealerships. “EchoPark continues to outperform our ...

Sonic Automotive Inc. plans to open at least three more standalone used-only EchoPark stores before year's end and an additional four to six in 2021 as part of an expansion strategy that includes ...

In accordance with this plan, Sonic has indefinitely ... for the brand’s national expansion and its continuation of providing the best guest experience in automotive retail.

Management underscored a cautious approach to expansion ... With clear plans for 2025 and beyond, Sonic Automotive is positioning itself for sustained success in a dynamic automotive retail ...

Sonic Automotive Inc., the nation's fifth-largest ... and the franchise business had an "outstanding" year, Dyke said. Sonic plans to open three EchoPark locations in 2020, including a store ...

Sonic Automotive Inc. says moves including the $1 billion notes sale and a significant increase in its borrowing capacity could help finance acquisitions beyond the RFJ Auto Partners deal slated ...

Sonic Automotive is investing in online platforms and dealership acquisitions, enhancing customer experience and expanding revenue ... Our variable rate floor plan facilities, the 2021 Revolving ...

The acquisition of Carbiz is part of Sonic Automotive's nationwide expansion plans for the EchoPark franchise. It expects to have more than 140 locations by 2025. Carbiz has been acquired by Sonic ...

Oklahoma-based Sonic has ... considering expansion opportunities in the markets of Los Angeles, Riverside, San Diego, San Bernardino, Ventura and Orange counties. Dunkin is planning to open ...