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Blue Chip Growth

Stock Report: "Sonic Automotive, Inc. Class A" (SAH) Report Updated: Jun 27, 2016 | Print This Page

"Sonic Automotive, Inc. Class A"© quotemedia

Company Profile

Sonic Automotive, Inc. operates as an automotive retailer in the United States. It operates through two segments, Franchised Dealerships and EchoPark. The Franchised Dealerships segment is involved in the sale of new and used cars and light trucks; sale replacement parts; provision of vehicle maintenance, manufacturer warranty repairs, paint, and collision repair services; and arrangement of extended warranties, service contracts, financing, insurance, and other aftermarket products. The EchoPark segment operates stand-alone pre-owned specialty retail locations, which enables customers to search, buy, service, and sell their pre-owned vehicles. As of December 31, 2014, it operated 118 franchises in 13 states representing 25 different brands of cars and light trucks; 19 collision repair centers; two stand-alone pre-owned specialty retail locations under the EchoPark brand; and 100 stores. The company was founded in 1997 and is based in Charlotte, North Carolina.