Sonic Corp. is regaining its appetite for expansion, with ambitious plans to open more of its 1950s-style carhop restaurants in new parts of the country as it seeks to narrow the gap with rival ...

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 ...

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 ...

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 ...

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 ...

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.

ROCKVILLE, MD-Sonic Automotive finds just what its looking for and pays $5 million for a 2.23-acre land parcel at 1125 Rockville Pike. The car retailer will redevelop the plot for the expansion of ...

Sonic Automotive is investing in online platforms ... Our variable rate floor plan facilities, the 2021 Revolving Credit Facility, the 2019 Mortgage Facility and our other variable rate notes ...

Sonic Automotive SAH recently announced the opening ... is expected to further speed up the firm’s EchoPark expansion plans. Sonic presently sports a Zacks Rank #1 (Strong Buy).

Sonic Automotive Inc.'s fast-growing used vehicle unit EchoPark Automotive has named VaynerMedia as its first agency of record, following a pitch process that began in March. EchoPark, which ...