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Dyke confirmed Sonic is “100%” pursuing acquisitions in the second half of 2025, particularly in its franchise business. EchoPark is expected to begin expansion again in early 2026, and the company is ...
Management underscored a cautious approach to expansion, focusing on operational ... as factors that could affect performance in 2025. Sonic Automotive delivered record-breaking revenues in ...
Sonic Automotive is investing in online platforms and dealership acquisitions, enhancing customer experience and expanding revenue growth across the U.S. The decline in late-model used vehicles ...
The board of directors for publicly traded auto dealership group Sonic Automotive announced ... That was partly due to the cost of expansion, and partly because like other buyers, EchoPark paid ...
“We are excited to expand our automotive sales and service network with Volkswagen of Fallston,” said David Smith, Chief Executive Officer of Sonic Automotive and EchoPark Automotive.
“We’re excited to start a new year by expanding our footprint once again,” said Jeff Dyke, President of Sonic Automotive and EchoPark Automotive. “We have tremendous respect for the ...
On Tuesday, Needham initiated coverage on Sonic Automotive Inc . (NYSE: NYSE:SAH), a company that owns and operates franchise auto dealerships across the United States. The firm has given the ...
The store will be EchoPark’s 11th retail hub location nationwide and further demonstrates Sonic Automotive’s commitment to accelerating the expansion of EchoPark to sell over half a million ...
Sonic Automotive aims to become the most valuable diversified automotive retail and service brand in America, with a focus on technology investments and a commitment to fulfilling ownership dreams and ...
Sonic Automotive plans to expand its EchoPark stores later in the year while maintaining its strategic goals. The company also announced a quarterly cash dividend of $0.35 per share, reflecting its ...
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