2020 Autotrader EchoPark Automotive 500

Sonic Automotive Reports All-Time Record Fourth Quarter and Full Year Revenues

Retrieved on: 
Wednesday, February 15, 2023

Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” "we," "us" or "our") ( NYSE:SAH ), one of the nation’s largest automotive retailers, today reported financial results for the fourth quarter and fiscal year ended December 31, 2022.

Key Points: 
  • Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” "we," "us" or "our") ( NYSE:SAH ), one of the nation’s largest automotive retailers, today reported financial results for the fourth quarter and fiscal year ended December 31, 2022.
  • David Smith, Chairman and Chief Executive Officer of Sonic Automotive, stated, “We are extremely proud of our team’s performance in the fourth quarter, capping off another year of all-time record annual revenues and adjusted earnings per share.
  • As we execute our long-term strategic plan, we remain focused on leveraging growth opportunities across our diversified portfolio to maximize future earnings potential and to position Sonic Automotive for continued success in the future.
  • For telephone access to this conference call, please dial (877) 407-8289 (domestic) or +1 (201) 689-8341 (international) and ask to be connected to the Sonic Automotive Fourth Quarter 2022 Earnings Conference Call.

Sonic Automotive Schedules Release of 2022 Third Quarter Financial Results

Retrieved on: 
Thursday, October 6, 2022

Sonic Automotive, Inc. (Sonic Automotive or Sonic or the Company) ( NYSE:SAH ), one of the nations largest automotive retailers, today announced it will release fiscal 2022 third quarter financial results on Thursday, October 27, 2022 by 7:00 A.M. (Eastern).

Key Points: 
  • Sonic Automotive, Inc. (Sonic Automotive or Sonic or the Company) ( NYSE:SAH ), one of the nations largest automotive retailers, today announced it will release fiscal 2022 third quarter financial results on Thursday, October 27, 2022 by 7:00 A.M. (Eastern).
  • Sonic Automotive, Inc., a Fortune 500 company based in Charlotte, North Carolina, is on a quest to become the most valuable automotive retailer and service brand in America.
  • More information about Sonic Automotive can be found at www.sonicautomotive.com and ir.sonicautomotive.com .
  • EchoPark Automotive is one of the fastest growing and most comprehensive retailers of nearly new pre-owned vehicles in America today.

EchoPark Automotive Establishes Itself as a Major Player With Selection of VaynerMedia as Fully Integrated Agency of Record

Retrieved on: 
Wednesday, August 10, 2022

EchoPark Automotive , a subsidiary of Sonic Automotive , one of the largest automotive dealership groups in the United States, today announced that it has selected VaynerMedia as its fully integrated agency of record.

Key Points: 
  • EchoPark Automotive , a subsidiary of Sonic Automotive , one of the largest automotive dealership groups in the United States, today announced that it has selected VaynerMedia as its fully integrated agency of record.
  • The fully integrated agency of record reflects a new style of business partnership, in which VaynerMedia is responsible for all aspects of EchoParks marketing efforts and is held accountable for business results.
  • We want to set best practice in retail, regardless of the category, said Dino Bernacchi, Chief Marketing Officer of EchoPark Automotive.
  • EchoPark Automotive is one of the fastest growing and most comprehensive retailers of nearly new pre-owned vehicles in America today.

Sonic Automotive Schedules Release of 2022 Second Quarter Financial Results

Retrieved on: 
Thursday, July 7, 2022

Sonic Automotive, Inc. (Sonic Automotive or Sonic or the Company) ( NYSE:SAH ), one of the nations largest automotive retailers, today announced it will release fiscal 2022 second quarter financial results on Thursday, July 28, 2022 by 7:00 A.M. (Eastern).

Key Points: 
  • Sonic Automotive, Inc. (Sonic Automotive or Sonic or the Company) ( NYSE:SAH ), one of the nations largest automotive retailers, today announced it will release fiscal 2022 second quarter financial results on Thursday, July 28, 2022 by 7:00 A.M. (Eastern).
  • Sonic Automotive, Inc., a Fortune 500 company based in Charlotte, North Carolina, is on a quest to become the most valuable automotive retailer and service brand in America.
  • More information about Sonic Automotive can be found at www.sonicautomotive.com and ir.sonicautomotive.com .
  • EchoPark Automotive is one of the fastest growing and most comprehensive retailers of nearly new pre-owned vehicles in America today.

Sonic Automotive Schedules Release of 2022 First Quarter Financial Results

Retrieved on: 
Friday, April 8, 2022

Sonic Automotive, Inc. (Sonic Automotive or Sonic or the Company) ( NYSE:SAH ), one of the nations largest automotive retailers, today announced it will release fiscal 2022 first quarter financial results on Thursday, April 28, 2022 by 7:00 A.M. (Eastern).

Key Points: 
  • Sonic Automotive, Inc. (Sonic Automotive or Sonic or the Company) ( NYSE:SAH ), one of the nations largest automotive retailers, today announced it will release fiscal 2022 first quarter financial results on Thursday, April 28, 2022 by 7:00 A.M. (Eastern).
  • Sonic Automotive, Inc., a Fortune 500 company based in Charlotte, North Carolina, is on a quest to become the most valuable automotive retailer and service brand in America.
  • More information about Sonic Automotive can be found at www.sonicautomotive.com and ir.sonicautomotive.com .
  • EchoPark Automotive is one of the fastest growing and most comprehensive retailers of nearly new pre-owned vehicles in America today.

Sonic Automotive Continues Expansion of its Franchised Dealership Network with the Acquisition of Sun Chevrolet

Retrieved on: 
Tuesday, January 18, 2022

Sonic Automotive Inc. (Sonic or the Company) ( NYSE:SAH ), a Fortune 500 Company and one of the nations largest automotive retailers, today announced the acquisition of Sun Chevrolet in Chittenango, New York.

Key Points: 
  • Sonic Automotive Inc. (Sonic or the Company) ( NYSE:SAH ), a Fortune 500 Company and one of the nations largest automotive retailers, today announced the acquisition of Sun Chevrolet in Chittenango, New York.
  • Todd Caputo remains with the Company and has taken a leadership position with EchoPark Automotive and the Companys delivery center model expansion.
  • Were thrilled to welcome the team from Sun Chevrolet into the Sonic family, said David Smith, Chief Executive Officer of Sonic Automotive and EchoPark Automotive.
  • Were excited to start a new year by expanding our footprint once again, said Jeff Dyke, President of Sonic Automotive and EchoPark Automotive.

Sonic Automotive Schedules Release of 2021 Fourth Quarter and Full Year Financial Results

Retrieved on: 
Thursday, January 13, 2022

Sonic Automotive, Inc. (Sonic Automotive or Sonic or the Company) ( NYSE:SAH ), one of the nations largest automotive retailers, today announced it will release fiscal 2021 fourth quarter and full year financial results on Wednesday, February 16, 2022 by 7:00 A.M. (Eastern).

Key Points: 
  • Sonic Automotive, Inc. (Sonic Automotive or Sonic or the Company) ( NYSE:SAH ), one of the nations largest automotive retailers, today announced it will release fiscal 2021 fourth quarter and full year financial results on Wednesday, February 16, 2022 by 7:00 A.M. (Eastern).
  • Sonic Automotive, Inc., a Fortune 500 company based in Charlotte, North Carolina, is on a quest to become the most valuable automotive retailer and service brand in America.
  • Our new platforms, programs, and people are set to drive the next generation of automotive experiences.
  • EchoPark Automotive is one of the fastest growing and most comprehensive retailers of nearly new pre-owned vehicles in America today.

Sonic Automotive Announces Completion of RFJ Auto Partners Acquisition

Retrieved on: 
Tuesday, December 7, 2021

Sonic Automotive, Inc. (Sonic Automotive or Sonic or the Company) ( NYSE:SAH ), a Fortune 500 Company and one of the nations largest automotive retailers, today announced the closing of the acquisition of RFJ Auto Partners, Inc. (RFJ Auto), pursuant to an agreement entered into on September 17, 2021.

Key Points: 
  • Sonic Automotive, Inc. (Sonic Automotive or Sonic or the Company) ( NYSE:SAH ), a Fortune 500 Company and one of the nations largest automotive retailers, today announced the closing of the acquisition of RFJ Auto Partners, Inc. (RFJ Auto), pursuant to an agreement entered into on September 17, 2021.
  • David Smith, Chief Executive Officer of Sonic Automotive and EchoPark Automotive, commented, We are thrilled to welcome Rick Ford and the entire RFJ Auto team into the Sonic family.
  • We are excited to complete the acquisition of RFJ Auto and are ready to hit the ground running as one company, said Jeff Dyke, President of Sonic Automotive and EchoPark Automotive.
  • The RFJ Auto team has been looking forward to this day and reaching this critical milestone, said Rick Ford, Chief Executive Officer of RFJ Auto Partners.

Sonic Automotive Continues Expansion of Its Franchised Dealership Network With the Acquisition of Cook Volkswagen

Retrieved on: 
Tuesday, November 9, 2021

Sonic Automotive, Inc. (Sonic or the Company) ( NYSE:SAH ), a Fortune 500 Company and one of the nations largest automotive retailers, today announced the acquisition of Cook Volkswagen in Fallston, Maryland.

Key Points: 
  • Sonic Automotive, Inc. (Sonic or the Company) ( NYSE:SAH ), a Fortune 500 Company and one of the nations largest automotive retailers, today announced the acquisition of Cook Volkswagen in Fallston, Maryland.
  • Effective today, the Company will operate the dealership as Volkswagen of Fallston, marking the 89th franchised location in the Companys portfolio and its fourth Volkswagen dealership.
  • The dealership was one of the first Volkswagen franchises in the country and has been in operation for over 50 years.
  • We are excited to expand our automotive sales and service network with Volkswagen of Fallston, said David Smith, Chief Executive Officer of Sonic Automotive and EchoPark Automotive.

Sonic Automotive Continues Expansion of its Franchised Dealership Network with the Acquisition of Bobby Ford Chrysler Dodge Jeep RAM

Retrieved on: 
Tuesday, October 19, 2021

Sonic Automotive, Inc. (Sonic or the Company) ( NYSE:SAH ), a Fortune 500 Company and one of the nations largest automotive retailers, today announced the acquisition of Bobby Ford Chrysler Dodge Jeep RAM in Sealy, Texas.

Key Points: 
  • Sonic Automotive, Inc. (Sonic or the Company) ( NYSE:SAH ), a Fortune 500 Company and one of the nations largest automotive retailers, today announced the acquisition of Bobby Ford Chrysler Dodge Jeep RAM in Sealy, Texas.
  • Effective today, the Company will operate the dealership as Momentum Chrysler Dodge Jeep RAM of Sealy, marking the 88th franchised location in the Companys portfolio and its first Chrysler Dodge Jeep RAM (CDJR) dealership.
  • We continue to enhance our automotive sales and service network in the state of Texas, with the addition of the Chrysler Dodge Jeep RAM brands to our franchised dealership network, said David Smith, Chief Executive Officer of Sonic Automotive and EchoPark Automotive.
  • Were excited to add our first Chrysler Dodge Jeep RAM dealership to our growing network, said Jeff Dyke, President of Sonic Automotive and EchoPark Automotive.