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Sonic Automotive, Inc. ("Sonic Automotive" or "Sonic" or the "Company") ((SAH), one of the nation's largest automotive retailers, today announced it w
Press release content from Business Wire. The AP news staff was not involved in its creation.
Sonic Automotive has opened a delivery center for its EchoPark Automotive used-car store program in Georgia’s second-biggest city.
The Johnson City Delivery Center Marks EchoPark’s 36th Location to Date, and Provides Guests in the Surrounding Area with a Modern eCommerce Automotive Retail Experience ... | March 15, 2022
Expected to add $3.2 billion in revenues on an annualized basis During the third quarter, Sonic repurchased 0.5 million shares of Class A Common Stock for an aggregate purchase price of $24.8 million In October, the Company amended its credit facilities to increase revolver and floor plan commitments from $1.8 billion to $2.95 billion, in addition to completing an upsized offering of $1.15 billion aggregate principal amount of unsecured senior notes due 2029 and 2031 at a blended rate of 4.73%, with expected use of net proceeds to fund the acquisition of RFJ Auto, the redemption of outstanding...