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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 ...
“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 ...
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 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 ...
“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.
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 ...
Sonic Automotive CEO David Smith says his current target is to expand annual new-car dealership sales to about $11 billion by 2025, an increase of about 10% over the current level. Sonic ...
(RTTNews) - Sonic Automotive, Inc. (SAH), an automotive retailer, Thursday said it acquired Audi New Orleans from the Bohn Brothers Automotive Group, a long-established dealership operation in ...
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