BNET Industries
Market Cap:$361.7M
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
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sonic automotive inc. - All News and Analysis
Major U.S. Auto Dealers See Slow Recovery
By Kevin KrolickiDETROIT (Reuters) - Major U.S. auto dealerships see only a grudging recovery in demand in 2011, a cautious outlook at odds with the consensus view that the battered industry could see a double-digit percentage rebound."We can feel that there is demand, but it is very cautious demand," Asbury...
Sonic Automotive Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. Your first question comes from Matthew Fassler with Goldman Sachs. Unidentified Analyst Hi. It's actually Marc Andre filling in for Matt. Just quick question first, could you talk about your view of new margins going forward following after Cash For Clunkers and as inventories are...
Sonic Automotive Q2 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of Matthew Fassler with Goldman Sachs. Matthew Fassler - Goldman Sachs -- but I actually want the first question to be a financial one related to the EPS calculation. If you could talk to us about...
Sonic Automotive Q2 2009 Earnings Call Transcript
Sonic Automotive, Inc. SAH Q2 2009 Earnings Call July 28, 2009 11:00 am ET
Sonic Automotive, Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer Session Operator Instructions Your first question comes from Rick Nelson – Stephens Inc. Rick Nelson – Stephens Inc. Can you discuss the options that are available to you to deal with the near-term maturities? Any color you can provide would be helpful. David P. Cosper I see you...
Sonic Auto: Possible Bankruptcy
Tyler Durden submits: The Charlotte Business Journal reports that Sonic Automotive's days may be numbered. On late Tuesday, one of the largest auto retailers in the country with 169 franchises and 34 collision-repair centers, in addition to announcing a whopping Q4 $17.10 loss per share, the company stated "it...
Barry Minkow on Speedway Motorsports: Troubling Disclosures, Serious Concerns
Sam E. Antar submits: The Fraud Discovery Instititute (FDI) led by my close friend, convicted felon,turned fraud fighter, Barry Minkow, has issued a new report (.pdf) entitled, "Ten Red Flags for Fraud at Speedway Motorsports, Inc. TRK." Minkow started a new website called SpeedScamMotorSports.com and posted a You Tube...
Sonic Automotive Q3 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions We will pause for just a moment to compile the Q&A roster. Your first question comes from Rick Nelson – Stephens Inc. Rick Nelson – Stephens Inc. You referred to improvement in October, looking more like July and August. What is...
Sonic Automotive Inc., Q2 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Rick Nelson with Stephens. Rick Nelson - Stephens Thank you. Can you address areas of regional, areas of strength and weakness, I guess, specifically California, and Florida, and maybe other parts of the country that might be performing...
Late News.(Ford Motor Co.)(Sonic Automotive Inc. sues Mercedes-Benz USA)(Fiat S.p.A. to open a plant to boost productions)(Brief article)
Ford: Wait on Kerkorian DETROIT - Ford Motor Co.'s board on Friday asked shareholders to take no action in response to a tender offer issued by billionaire investor Kirk Kerkorian's Tracinda Corp. to buy up to 20 million shares of common stock for $8.50...
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Glass Door
Sonic Automotive
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