Sonic Automotive Inc - Company Profile
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Sonic Automotive Inc (Sonic) is an automotive retailer that sells new and used cars, light trucks, and replacement parts of leading automotive brands through its network of franchised dealerships and pre-owned stores. The company also provides vehicle maintenance, manufacturer warranty repairs, and pain and collision repair services at its stores. It also offers arrangements of extended warranties, service contracts, financing, insurance and aftermarket products and services. It has operations in the states of Texas, California, Tennessee, Colorado, Florida, Alabama, North Carolina, Virginia, Georgia, Virginia, Maryland, Nevada, and South Carolina in the US. Sonic is headquartered in Charlotte, North Carolina, the US.
Headquarters
United States of America
Address
4401 Colwick Rd, Charlotte, North Carolina, 28211
Website
www.sonicautomotive.com
Telephone
1 704 5662400
No of Employees
11,000
Industry
Automotive
Ticker Symbol & Exchange
SAH (NYSE)
Revenue (2024)
$15.2B
6.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-45%
(2024 vs 2023)
Market Cap*
$3.0B
Net Profit Margin (2024)
XYZ
-48.7%
(2024 vs 2023)
* As of and is in US$
Sonic Automotive Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accessories | Financing and Insurance Services | EchoPark |
| New Vehicles | Vehicle Maintenance | Sonic |
| Used Vehicles | Manufacturer Warranty Repair | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Asset Purchase | In April, the company acquired San Diego Harley-Davidson, Falcon's Fury Harley-Davidson, Space Coast Harley-Davidson, Treasure Coast Harley-Davidson, and Raging Bull Harley-Davidson dealerships across California, Florida, Georgia, and North Carolina in the US. |
| 2025 | Acquisitions/Mergers/Takeovers | In August, the company acquired Jaguar Land Rover Santa Monica. |
| 2025 | Acquisitions/Mergers/Takeovers | In July, the company acquired Jaguar Land Rover Los Angeles, Jaguar Land Rover Newport Beach, Jaguar Land Rover San Jose, and Land Rover Pasadena from US Auto Trust, a car dealer. |
Competitor Comparison
| Key Parameters | Sonic Automotive Inc | Lithia Motors Inc | Penske Automotive Group Inc | AutoNation Inc | CarMax Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Charlotte | Medford | Bloomfield Hills | Fort Lauderdale | Richmond |
| State/Province | North Carolina | Oregon | Michigan | Florida | Virginia |
| No. of Employees | 11,000 | 30,000 | 27,700 | 24,800 | 27,796 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| David Bruton Smith | Chairman; Chief Executive Officer | Executive Board | 2022 | 51 |
| Jeff Dyke | Director; President | Executive Board | 2018 | 58 |
| Heath R. Byrd | Chief Financial Officer; Executive Vice President | Senior Management | 2013 | 59 |
| B. Scott Smith | Director | Non Executive Board | 2022 | 58 |
| R. Eugene Taylor | Director | Non Executive Board | 2015 | 78 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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