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Dyke

Sonic Automotive Pres. Jeff Dyke discusses all-time record for quarterly...

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 Sonic Automotive recently announced an all-time record quarterly revenue of $3.4 billion, that’s up 58.7% year-over-year. Plans for further expansion of EchoPark were also teased, so what does this mean for the seventh-largest dealership group in the U.S.? On today’s show, we’re pleased to welcome Jeff Dyke, President of Sonic Automotive. Dyke begins the […]
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Sonic Automotive

Sonic Automotive reports record first quarter revenues and earnings per share

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CHARLOTTE, N.C.-- Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the first quarter...

How Sonic Automotive and EchoPark plan to keep up their...

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Sonic Automotive is coming off a strong year in 2020 as it set records in sales and expanded its EchoPark used-car stores. Today, we speak with Sonic President Jeff Dyke on how the retailer plans to keep up the momentum moving into 2021. In the first months of 2020, Sonic Automotive got off to a […]
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Sonic Automotive

Sonic Automotive’s EchoPark brand continues to grow despite industry setbacks...

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Sonic Automotive opened its newest preowned EchoPark brand store in Houston, Texas on Sept. 8, 2020, making it the eleventh retail store for the brand since launching in 2014. On today’s show, we are talking to Jeff Dyke, President of Sonic Automotive, about this latest expansion and what it means for Sonic Automotive as a […]
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auto sales

CBT automotive newscast: September 14, 2020

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Today’s Featured Interview: CBT News Market Update: Michael Tyman, Professional Success & Giovanna Scognamiglio, LotLinx The first half of September is behind us, and here is...
EchoPark

Sonic Is Adding EchoPark Used Car Stores – Is This...

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The fifth-largest American auto dealer group has announced plans to expand on their standalone used car dealership model known as EchoPark. As the pre-owned only stores continue to surpass expectations, CEO David Smith spoke on July 30th about their ambitious expansion goals in a conference call centered around second-quarter results. According to Smith, Sonic Automotive […]
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automakers

CBT Automotive Newscast: August 4, 2020

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Today’s Featured Interview: Sandy Schwartz on Transitioning to his New Role at the Cox Family Office The Cox Enterprise recently announced a series of transitions. After a long tenure, Cox Automotive president and CEO Sandy Schwartz is moving to a position in the company as CEO of the Cox Family Office. We sat down with […]
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Sonic Automotive

Sonic Automotive Reports 2nd Quarter 2020 EPS Growth

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CHARLOTTE, N.C.— Sonic Automotive, Inc. (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the second quarter ended June 30, 2020. Second Quarter Highlights Earnings per diluted share from continuing operations of $0.71 for the second quarter of 2020, compared to $0.62 for the second quarter of 2019 (included in the […]
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Jeff Dyke

Sonic Automotive President Jeff Dyke Addresses COVID-19 Challenges and What...

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Today on CBTNews.com for Monday, May 25th, 2020: Sonic Automotive President Jeff Dyke Addresses COVID-19 Challenges and What Lies Ahead for EchoPark On today’s show, we’re pleased to welcome back Jeff Dyke, President of Sonic Automotive, the sixth top dealership group in the country. In this segment, Jeff and Jim discuss how COVID-19 has affected […]
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EchoPark

Best of 2019: Sonic Automotive President Jeff Dyke Discusses Trends...

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On today’s show, we welcome back Jeff Dyke, President of Sonic Automotive, the fifth-largest U.S. dealership group. Jim and Jeff discuss how Sonic Automotive did as a whole for 2019, what’s on the agenda for 2020, and their big plans for expanding EchoPark. [Previously aired 12/11/19] VIDEO TRANSCRIPT:  Jim Fitzpatrick: Hello everyone. Jim Fitzpatrick for […]
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