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Sonic Automotive

Sonic Automotive President Jeff Dyke discusses powerful Q2 2022 performance

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Sonic Automotive has announced all-time record revenues and gross profit for the second quarter. The fortune 500 company based in Charlotte, North Carolina is...
Sonic Automotive

Sonic Automotive reports all-time record revenues and gross profit for Q2

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Sonic Automotive has reported its second quarterly earnings. According to a press release, Sonic Automotive had an all-time record adjusted earnings of $3.7 billion,...
Bruton Smith

Legendary businessman, philanthropist and NASCAR Hall of Famer Bruton Smith passes...

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CHARLOTTE, N.C. (June 22, 2022) – A visionary and transformative figure in both business and entertainment, Ollen Bruton Smith, the founder and executive chairman of Sonic Automotive (NYSE:SAH),...
Sonic Automotive

Sonic Automotive partners with Instabase for document processing technology

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Automotive retail giant Sonic Automotive Inc. has partnered with automation platform Instabase Inc. for its document processing capabilities. Instabase’s accounts payable invoice processing solution software...
EchoPark

Sonic Automotive opens EchoPark retail hub in Missouri

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In a press release this week, Sonic Automotive said that its EchoPark brand has now expanded into Missouri as part of its goal to have 90%...
Sonic Automotive

Sonic Automotive’s David Smith discusses semiconductor chips, EchoPark business

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Last week, Sonic Automotive's Chief Executive Officer, David Smith, told the Charlotte Business Journal that his company had a great first quarter but is undoubtedly being impacted by...
Sonic Automotive

Sonic Automotive reports powerful Q1 performance

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Sonic Automotive Inc. released its first-quarter results on Thursday, which noted several record numbers across the board.  Quarterly revenues reportedly grew 28.7% year over year (YoY), reaching...

How Brian Benstock continues to push his business to new heights

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Today on Inside Automotive, we’re pleased to welcome back the no.1 certified Honda and Acura dealer globally, Brian Benstock, Partner GM and Vice President of Paragon Honda and Acura. Benstock sits down with Jim Fitzpatrick to discuss how his stores are performing today and what their goals are for the future. In light of robust […]
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Sonic Automotive

Sonic Automotive Pres. Jeff Dyke on record earnings: ‘we’re not slowing...

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Sonic Automotive, one of the auto industry’s top performers, had an incredible 2021. The expansion of its pre-owned brand EchoPark Automotive, the acquisition of RFJ Auto Partners, and record net incomes are a reflection of this. The Fortune 500 company based in Charlotte, North Carolina is reporting record fourth-quarter revenues of $3.2 billion, up 13.8% […]
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Dave Cantin

M&A expert Dave Cantin on how today’s dealership acquisitions are shaping...

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2021 has been a record year for mergers and acquisitions in retail automotive. We’ve seen quite a bit of activity, so what does this mean for the year ahead? And where do mom-and-pop stores stand? On today’s show, we’re pleased to welcome 20-year automotive industry veteran and President and CEO of Dave Cantin Group, Dave […]
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