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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...
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...
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...
Volkswagen

Sonic Automotive continues expansion of its franchised dealership network with the...

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CHARLOTTE, N.C. – November 9, 2021 – Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive...

Dealership M&A activity reaching feverish pace in third quarter

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For all of 2021, dealership sales, group mergers, and acquisitions have been occurring at a pace that defies convention. These profit centers have the...
Sonic Automotive

Sonic Automotive Pres. Jeff Dyke discusses $700M acquisition of RFJ Auto...

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Sonic Automotive, one of the nation’s largest retailers, recently announced the acquisition of RFJ Auto Partners. RFJ Auto consists of 33 franchised and used...
Sonic Automotive

Sonic Automotive Buys 33-store RFJ Auto Partners in deal worth $700...

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North Carolina-based Sonic Automotive has confirmed a blockbuster deal, announcing the purchase of the RFJ Auto Partners group. The enormous transaction adds 33 storefronts...
Dyke

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

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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...