BNET Industries
Market Cap:$356.8M
Last Fiscal Year Sales:$8.3B
- Public
- US
Dow Jones Description
Sonic Automotive, Inc., A Fortune 300 Company and member of the Russell 2000 Index, is among the largest automotive retailers in the United States. Sonic Automotive operates 182 dealership franchises, representing 38 different brands of cars and light trucks at 154 locations and 39 collision repair centers in 15 states. These dealerships provide comprehensive services, including sales of both new and used cars and light trucks, sales of replacement parts, performance of vehicle maintenance, warranty, paint and collision repair services, and arrangement of extended warranty contracts, financing and insurance for the company's customers.
Number of Employees 10,400
Contact Information
6415 Idlewild Road
Charlotte, North Carolina 28212
1 704 566 2400
Peer Companies
NAICS Code New Car Dealers: 441110
Recent Events
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Sonic Posts 3Q Profit
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Sonic Automotive and Dealer.com Launch Mobile Solution
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Moody's changes Sonic Auto outlook to positive
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Sonic expects $241M from stock, debt offering
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Sonic Automotive 2Q Profit Plunges, Earnings Miss Views
News & Analysis
Filter by
sonic automotive inc. and unitedauto group inc. - All News and Analysis
High inventories cut 2 public retailers' earnings.(UnitedAuto Group Inc. )(Asbury Automotive Group Inc. )(Sonic Automotive Inc.)(Group 1 Automotive Inc. )
- 2006-11-13
Byline: Donna Harris Weak sales and bloated inventories of domestic-brand vehicles reduced net income for two of the six largest public auto dealership groups. AutoNation Inc. and Lithia Motors Inc. reported lower net income in the third quarter of 2006 than...
ADP leads foe in fight for big guys; Stakes rise as more dealership groups pick single vendor.
- 2005-05-23
Byline: Ralph Kisiel ADP Dealer Services has gained an early upper hand over Reynolds and Reynolds Co. as the nation's largest dealership groups increasingly choose exclusive vendors to consolidate their stores' management software. ADP has persuaded at least five of the...
Profits fall for most public dealership groups.(News)(financial results for UnitedAuto Group Inc., AutoNation Inc., Sonic Automotive Inc.)
- 2003-05-05
Byline: Donna Harris Five of the six largest public auto retailers posted lower net earnings in the first quarter of 2003. Sonic Automotive Inc., in Charlotte, N.C., the nation's third largest dealership group, even cut 784 jobs, or 7.5 percent of its...
New lenders for megadealers; Makers' finance arms have `change of heart' toward public dealer chains.
- 2000-12-25
Despite their early resistance to the formation of publicly traded dealer groups, captive finance arms of the biggest automakers are moving into the business of underwriting the big groups' acquisitions. Ford Motor Credit Co., for example, has emerged as the leader in providing the...
- 1
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Glass Door
Sonic Automotive
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