Ads
related to: sonic automotive dealerships near meCarGurus has Leapfrogged Autotrader to become traffic leader. - Yahoo
Search results
Results from the WOW.Com Content Network
In December 2021, Sonic acquired RFJ Auto Partners, a top-15 dealership group with approximately $3.2 billion in total annual revenues, adding 33 locations in six states to the Sonic Automotive portfolio. [23] Sonic acquired two franchises throughout 2022, the first being Sun Chevrolet in Chittenango, New York coming in January, [24] and the ...
Donald E. Massey (April 28, 1928 – June 9, 2011), known as the “Cadillac King”, [1] was an American car dealer who owned a chain of automobile dealerships in the United States. At his peak, Massey was the largest Cadillac retailer in the country, accounting for approximately 6% of the brand's sales.
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]
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 maintenance and repair services as well as trade-in, leasing, and financing options for customers.
The Automile, which lies along Rockside Road and Broadway, was formally established in 1956 to promote the interests of the auto dealerships and to help these companies work together to give back to the community. The Bedford Automile is the largest collection of new and used automotive dealerships in Ohio. There are currently 24 dealerships.
Shares in CDK's parent company lost over 5.7% value in the wake of the attack, [39] while share prices of large auto dealers Sonic, Group 1 and AutoNation dropped up to 4.4%. [40] JD Power estimated that due to the outage, U.S. retail unit sales in June 2024 would decrease by up to 7.2% from June 2023. [ 41 ]