Sonic Automotive
Sonic Automotive is one of the largest automotive retailers in the United States, operating 108 franchised stores across 18 states, with a strong presence in metropolitan areas of California, Texas, and the Southeast. The company also manages 25 EchoPark used-vehicle stores, 16 collision centers, and 13 powersports locations. Sonic Automotive provides a wide range of services, including the sale of new and used vehicles, replacement parts, and vehicle maintenance, as well as collision repair services. Additionally, it facilitates financing and insurance options for customers. Luxury and import vehicles account for approximately 86% of franchise new-vehicle revenue, with brands such as BMW, Honda, Mercedes, and Toyota being significant contributors. In 2023, Sonic Automotive reported revenue of $14.4 billion, highlighting its robust position in the automotive retail market.
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