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 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 ...

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 ...

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 ...

About Sonic Automotive Sonic Automotive ... the rate and timing of overall economic expansion or contraction, the effect of the COVID-19 pandemic and related government-imposed restrictions ...

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.'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 ...

Looking ahead, analysts see potential for Sonic Automotive to benefit from its diversified business model and the possibility of valuation multiple expansion. With analyst targets ranging from $60 ...