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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 momentum...

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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...
David Smith

David Smith, Sonic Automotive CEO arrested in Charlotte on assault charges

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David Smith, CEO of Sonic Automotive, was arrested and charged with assault and strangulation this week. Smith was arrested by the Charlotte-Mecklenburg Police Department...
newscast

CBT automotive newscast: September 17, 2020

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Today’s Featured Interview: How AutoNation is promoting diverse and inclusive hiring practices - Rock Anderson Here at CBT, we strive to keep the conversation going on...
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...

CBT automotive newscast: September 15, 2020

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Today’s Featured Interview: Sonic Automotive's EchoPark brand continues to grow despite industry setbacks - Jeff Dyke Sonic Automotive opened its newest preowned EchoPark brand store in...
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...
penske automotive

Penske Automotive and Other Larger Dealer Groups Continue to Cut Jobs

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When the COVID-19 pandemic struck the United States in full force mid-March, hundreds of thousands of dealership employees nationwide stayed at home to ride...
EchoPark

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

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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...
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...