Sonic Automotive
Sonic Automotive is one of the largest auto dealership groups in the United States. The company has 108 franchised stores in 18 states, primarily in metropolitan areas in California, Texas, and the Southeast, plus 18 EchoPark used-vehicle stores, 16 collision centers, and 14 powersports locations. The franchise stores derive revenue from new and used vehicles plus parts and collision repair, finance, insurance, and wholesale auctions. Luxury and import dealerships make up about 86% of franchise new-vehicle revenue, while Honda, BMW, Mercedes, and Toyota constitute about 59% of new-vehicle revenue. BMW is the largest brand at about 25%. 2024's revenue was $14.2 billion, with Texas and California comprising 51% of the total. EchoPark's portion was $2.1 billion.www.sonicautomotive.com
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Search complete. 3 mentions across 3 episodes found for "Sonic Automotive".
Sep 7, 2026
Ivette Dominguez DraweGUEST
I mean, the one great thing, we opened our business 21 years ago.
Ivette Dominguez DraweGUEST
We were corporate GMs for Sonic Automotive.
Ivette Dominguez DraweGUEST
I don't know if it's, if it's okay to say that.
Ivette Dominguez DraweGUEST
Sure.
ZachHOST
Although, I wonder now, Dad, if everyone will be okay with it now that the car dealership groups are starting to lose money.
ZachHOST
Sonic Automotive and Group One, for example, losing 23% of their profit year over year.
ZachHOST
What do you take, uh, what do you take away from this?
RayHOST
Well, they're not losing money.
Kyle MountsierHOST
I didn't know it.
Paul J DalyHOST
Sonic Automotive is betting that a little less gross can lead to a lot more cars sold in the back half of 2026.
Paul J DalyHOST
The retailer leaning hard into used cars at both its Echo Park and its franchise stores, while affordability is pushing shoppers toward vehicles carrying...
Paul J DalyHOST
A little lighter of a price tag.