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Sonic Automotive will open standalone pre-owned specialty retail stores in 2014, as well as implement the One Sonic-One Experience to cut down on the time it takes to sell a vehicle.
Read More →CU Direct Connect now operates as a preferred lender for Sonic Automotive dealerships in Colorado.
Read More →Dealer group execs showcase big gains in average PRUs, say they're prepared for whatever action the CFPB takes with respect to dealer participation.
Read More →Sonic’s 2013 first-quarter net income from continuing operations was $21.7 million, while Asbury reported income from continuing operations of $23.9 million.
Read More →Most of the major dealer groups posted big gains in the fourth quarter and for the full-year 2012. One group reached an all-time high of $1,215 in F&I gross profit per retail unit.
Read More →AutoNation, Asbury and Sonic report solid second-quarter gains behind rising consumer demand and better credit conditions.
Read More →Sonic Automotive Inc. reported a 24 percent profit increase in the first quarter, and a record 9 percent increase in same-store revenues.
Read More →Sonic Automotive Inc. reported the company’s total 2011 revenues were up 14 percent year over year. Total fourth quarter revenues were up 12 percent from the year-ago quarter as well.
Read More →Sonic Automotive Inc.’s mobile reporting app for the iPad and iPhone enables Sonic corporate executives and regional teams to access operational, financial and market information for their dealerships.
Read More →Despite not having a sales boost from last year’s Cash for Clunkers, three of the largest dealer groups in the nation reported year-over-year increases in third-quarter revenues.
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