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A more ambitious expansion of EchoPark dealerships — a network of used-car-only stores owned by new-car dealership chain Sonic Automotive — is off to a promising start, company executives said ...
The board of directors for publicly traded auto dealership group Sonic Automotive announced a strategic review for its EchoPark used-car network, to explore “potential strategic alternatives ...
Sonic Automotive will likely build three new EchoPark used car stores by the end of 2020. That would put the division at 11 locations, but the store numbers aren't where you should be looking for ...
Sonic Automotive, of Charlotte, N.C., reported a record $7.3 million in adjusted earnings before interest, taxes, depreciation and amortization for its EchoPark segment in the first quarter, up ...
Sonic Automotive Inc.'s fast-growing used vehicle unit EchoPark Automotive has named VaynerMedia as its first agency of record, following a pitch process that began in March.
Ongoing volatility in the used-car market continues to weigh on Sonic Automotive Inc.’s EchoPark brand. The Charlotte-based auto retailer said this week that it has “indefinitely suspended ...
Sonic Automotive Inc.’s board of directors will not spin off the EchoPark used-car segment as a separate public company for now, finding the current stock market and used-car supply shortages ...
Sonic Automotive's overall bottom line fell short of the sell-side analysts' expectations, as the company's loss before tax for the EchoPark business segment widened from -$14 million in Q2 2021 ...
Sonic Automotive has recently maintained its Q1 2024 breakeven guidance for EchoPark, its pre-owned vehicle business segment. Read why SAH stock is a hold. Skip to content ...
EchoPark segment revenues were $506M, while adjusted EBITDA for the quarter came in at $4.2M, ... Sonic Automotive delivered record-breaking revenues in Q4 2024, ...
Want to bring the kids to the NASCAR Dover race? Here's how to do just that, and it will save money while making lifelong ...
Sonic Automotive closing some EchoPark locations amid woes in used-car market (Courtesy of: Charlotte Business Journal) By Charlotte Business Journal. June 24, 2023 at 10:00 pm EDT.