Stop-sale backlog hits public groups' earningsMon, 02, May 2016
Several publicly traded dealership groups noted that cars and truck languishing for months on their lots under stop-sale orders due to recalls hurt their first-quarter earnings. The problem could linger into 2017.
As EchoPark grows, so does Manheim's reconditioning operationSat, 09, Apr 2016
Manheim's retail reconditioning operation is expanding along with the expansion of Sonic's EchoPark stand alone used-car stores.
EchoPark will expand to Texas and the CarolinasSat, 09, Apr 2016
Sonic Automotive will break ground on about two dozen new EchoPark used-vehicle stores in Texas, North Carolina and South Carolina beginning late this year or early in 2017. It will be the first major expansion of the fledgling network of stores.