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Sonic Automotive is a Fortune 500 company based in Charlotte, North Carolina, and is the fifth largest automotive retailer in the United States as measured by total revenues. [3] The company was founded by O Bruton Smith and completed its initial public offering on the NYSE in 1997.
Pages in category "Auto dealerships of the United States" ... Sonic Automotive; Spitzer Automotive; T. Tesla US dealership disputes; V. Volo Auto Museum; Vroom, Inc. Y.
At the time, Sonic Automotive had 20 dealerships, including the two that Smith had kept during his early days as a car dealership owner. The decision to go public was seen as "puzzling" by industry experts, as industry trends had shown a downward trend for public car dealership companies at the time. [ 58 ]
Sonic Automotive, Inc. (NYSE:SAH) shares surged after the company reported third-quarter results and raised its quarterly dividend by 17%. The company’s total revenue declined 4.2% year-over ...
A typical franchised, new car and truck dealership in the United States Car dealership showroom. In the United States, a car dealership is a business that sells cars. A car dealership can either be a franchised dealership selling new and used cars, or a used car dealership, selling only used cars. In most cases, dealerships provide car ...
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New cars make up 49% of retail auto sales, with used cars making up the other 51%. [36] Additional revenues come from auto repair at the dealerships, financing, and insurance sales. [37] In 2013 Lithia was named No. 9 on Automotive News' list of the 125 largest U.S. dealership groups, with retail new-vehicle sales of 56,960 units in 2012.
Group 1 Automotive, Inc. is an international Fortune 300 automotive retailer [3] with automotive dealerships and collision centers in the United States and the United Kingdom. Group 1 sells new and used cars and light trucks, arranges financial services , provides maintenance and repair services, and sells vehicle parts.