New car & used car retailer: Sonic Automotive (SAH) (1997)

Sonic Automotive Inc. (NYSE: SAH) was founded in 1997 and is headquartered in Charlotte, North Carolina, with 9,800 full-time employees. It is a new and used car dealer and retailer in the United States.

Sonic Automotive Logo

Sonic Automotive (SAH):

Sonic Motors is an American car retailer whose business is mainly operated through two divisions, franchise dealers and EchoPark.

  1. Franchise dealer business department: Responsible for traditional new car and second-hand car retail services, repair and maintenance services of spare parts and vehicles, as well as financing and insurance products.
  2. EchoPark business department: professional retail stores mainly independently operated by the company provide customers with services of searching, buying, serving and selling their own used cars.

As of December 31, 2016, Sonic Motors has opened 116 franchise stores (representing 25 car brands) in 13 states in the United States; 18 car repair centers; 5 independent brands (EchoPark brand) of second-hand professional retail Stores, and 107 franchised dealerships.

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