Sonic Automotive Inc. (SAH) Maintains Consistency in Sales Volume through Innovation, Multiple Revenue Streams
Sonic Automotive ranks among the top five retail automotive groups in the United States each year, as reported by industry publication Automotive News The company has a new vehicle-centered retail division and its EchoPark Automotive used car division, both focused on innovations to the buying experience During the second quarter, EchoPark’s sales grew by 68.7 percent as new vehicle sales volume slowed Despite a downturn in new vehicle sales during the quarter, Sonic’s total sales established a number of consolidated all-time quarterly records Innovative automotive retailer Sonic Automotive Inc. (NYSE: SAH) is a Fortune 500 company that consistently ranks among…
