SAH Stock - Sonic Automotive Inc.

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Sonic Automotive, Inc. operates as a prominent automotive retailer across the United States, distinguishing itself through two core segments: Franchised Dealerships and EchoPark. Within the Franchised Dealerships segment, the company specializes in the sale of both new and used cars and light trucks, alongside offering replacement parts. Moreover, Sonic Automotive provides comprehensive vehicle maintenance services, including manufacturer warranty repairs and paint and collision repair services. To enhance customer satisfaction and convenience, the segment also facilitates extended warranties, service contracts, financing solutions, insurance options, and a variety of other aftermarket products tailored to meet the diverse needs of its clientele.

The EchoPark segment represents Sonic Automotive’s innovative approach to the pre-owned vehicle market. Operating from specialty retail locations, EchoPark focuses exclusively on the sale of high-quality used cars and light trucks. In addition to vehicle sales, the segment is dedicated to arranging finance and insurance product sales, further streamlining the purchasing process for its customers. This specialized retail model underpins Sonic Automotive’s commitment to providing exceptional value and service in the pre-owned vehicle sector, catering to the evolving preferences of today’s automotive consumers.

Founded in 1997 and headquartered in Charlotte, North Carolina, Sonic Automotive has established itself as a leader in the automotive retail industry. By leveraging its extensive network and strategic partnerships with leading manufacturers, the company continues to expand its market presence and deliver innovative automotive solutions. Sonic Automotive’s dedication to customer satisfaction, coupled with its robust service offerings and commitment to operational excellence, underscores its position as a trusted provider of automotive sales, service, and aftermarket solutions.

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