Hail rains on Sonic's profitsMay 1
Sonic will offer online car-buyingAug. 1, 2016
In Dallas, a somber Friday for dealersJuly 8, 2016
The showroom doors and service bays were open at dealerships throughout Dallas on Friday, although it was anything but business as usual following the shooting deaths of five police officers late Thursday during a downtown protest against recent shootings by law enforcement officials in Louisiana and Minnesota.
As EchoPark expands, format becomes flexibleJune 13, 2016
Sonic Automotive is discovering that it has to be flexible in the design of its stand-alone EchoPark used-car stores as it seeks to expand into more markets. Stores' footprints, height and even service offerings will vary to meet local requirements.
Sonic casts wide net for EchoPark sitesJune 6, 2016
Stop-sale backlog hits public groups' earningsMay 2, 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.
Dealers nationwide are getting ready for a plateau in new-vehicle salesMarch 28, 2016
Sonic Automotive executive collected $26.5 million last yearMarch 9, 2016
Sonic Automotive has one executive it doesn't want driving off the lot. Jeff Dyke, the company's executive vice president of operations, was awarded $26.5 million in total compensation last year, bolstered by a retention grant, Sonic's proxy filing shows.
Sonic Q4 net rises 19% despite oversupply pressuring marginsFeb. 23, 2016
Auto retailer Sonic Automotive's fourth-quarter net income rose 19 percent from the same quarter a year ago despite margin pressure on new vehicles, particularly in the luxury segment, because of oversupply, executives said.
Manheim makes used vehicles retail readyNov. 2, 2015
Auction giant Manheim, which has long offered to recondition clients' vehicles before they go through the auction lanes, now preps cars and trucks to get them front-line retail ready. The operation takes on work that otherwise would have filled dealerships' service bays.
Sonic to expand initiative piece by pieceMarch 30, 2015
Sonic Automotive Inc.'s rollout of its customer experience initiative to stores in the Charlotte, N.C., area came slower than expected, in part due to a malfunctioning website. But One Sonic-One Experience is now live at all five Sonic stores in that pilot market, and market share against local same-brand dealerships is rising at three of them.