Sonic Automotive Inc - Company Profile
Powered by
All the data and insights you need on Sonic Automotive Inc in one report.
- Save hours of research time and resources with
our up-to-date Sonic Automotive Inc Strategy Report
- Understand Sonic Automotive Inc position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
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.
Sonic Automotive Inc premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
New Vehicles | Vehicle Maintenance | Sonic |
Used Vehicles | Financing and Insurance Services | EchoPark |
Light Trucks | 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 |
---|---|---|
2023 | Corporate Changes/Expansions | In March, the company announced the opening of Audi Downtown Nashville. |
2023 | Contracts/Agreements | In January, the company's division entered into a partnership with Matic to provide property and casualty insurance products to EchoPark guests. |
2022 | Acquisitions/Mergers/Takeovers | In August, the company acquired the US-based Audi Owings Mills. |
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 | 10,500 | 27,446 | 28,000 | 25,300 | 30,621 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
David Bruton Smith | Chief Executive Officer; Chairman | Executive Board | 2022 | 49 |
Jeff Dyke | Director; President | Executive Board | 2019 | 57 |
Heath R. Byrd | Chief Financial Officer; Executive Vice President | Senior Management | 2013 | 57 |
Harry Harden | Chief Human Resources Officer | Senior Management | 2024 | - |
William R. Brooks | Director | Non Executive Board | 1997 | 74 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward