Sonic Automotive Inc. plans to open at least three more standalone used-only EchoPark stores before year's end and an additional four to six in 2021 as part of an expansion strategy that includes ...

In accordance with this plan, Sonic has indefinitely ... for the brand’s national expansion and its continuation of providing the best guest experience in automotive retail.

The acquisition of Carbiz is part of Sonic Automotive's nationwide expansion plans for the EchoPark franchise. It expects to have more than 140 locations by 2025. Carbiz has been acquired by Sonic ...

Management underscored a cautious approach to expansion ... With clear plans for 2025 and beyond, Sonic Automotive is ...

A more ambitious expansion of EchoPark dealerships — a network of used-car-only stores owned by new-car dealership chain Sonic Automotive ... more ambitious game plan. Key parts of the ...

Sonic Automotive SAH recently announced the opening ... is expected to further speed up the firm’s EchoPark expansion plans. Sonic presently sports a Zacks Rank #1 (Strong Buy).

Dyke confirmed Sonic is “100%” pursuing acquisitions in the second half of 2025, particularly in its franchise business. EchoPark is expected to begin expansion again in early 2026, and the company is ...

Sonic Automotive is investing in online platforms ... Our variable rate floor plan facilities, the 2021 Revolving Credit Facility, the 2019 Mortgage Facility and our other variable rate notes ...

AutoNation, Penske Automotive Group and Sonic Automotive all are growing ... and Henderson, Nev. Expansion: Plans to add 5 stores this year — 2 in the Denver market and 1 each in Phoenix ...

Sonic Automotive Inc.’s (NYSE ... “We will continue to execute on our expansion plans for EchoPark and we'll continue to monitor market conditions and periodically consider potential ...