Sonic Automotive Going Mobile
Sonic Automotive Inc.’s mobile reporting app for the iPad and iPhone enables Sonic corporate executives and regional teams to access operational, financial and market information for their dealerships.
TYSONS CORNER, Va. —Sonic Automotive Inc. announced that it has built and deployed a mobile reporting app for the iPad and iPhone using MicroStrategy Mobile.
"Mobility and business intelligence are two of our top strategic priorities," said Heath Byrd, vice president and chief information officer at Sonic Automotive. "Our executive and regional leadership teams live on the road, traveling from dealership to dealership. This app allows them to stay connected to the data they need to run the business."
Using the new app, Sonic corporate executives and regional teams can access operational, financial and market information for their dealerships. The app currently provides a scorecard for each dealership, as well as insight into sales effectiveness and key operating metrics. The app also is used to analyze daily operating results and month-to-date financial results.
"The performance and convenience of our mobile reporting app on the user-friendly iPad and iPhone has been impressive," said Richard Hanks, director of enterprise business intelligence at Sonic Automotive. "Our executives and regional teams save a great deal of time and gain valuable insights into the business every day. The application was surprisingly easy to develop and we were able to deploy in a matter of weeks."
Sanju Bansal, chief operation officer at MicroStrategy, added: "Our mobile app platform is easy-to-use and enables companies to quickly build rich, intuitive applications that mirror the way people work."
More Auto Finance

Interest Rates Further Squeeze Auto Consumers
Last month’s hike and a potential second increase this month add to a growing list of inflation woes that could continue to dent overall car sales.
Read More →
Mind Your Process
Consistent steps taken in various aspects of the F&I office can make valuable differences over time, similar to an outline for a best-selling book.
Read More →
Top Five Credit Application Fraud Flags
Compliance audits regularly reveal bad habits that can lead to fraud charges and should have been stamped out decades ago.
Read More →
More Auto Loans for the Taking in August
Riskier categories were on the uptick for the month as lenders loosened access in several areas while balancing out the exposure in another, Cox Automotive reported.
Read More →
July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Auto Refi Savings Surge
Consumers with 84-month auto loan terms who refinanced saved the most on monthly payments, according to a new report by auto refinancing provider Caribou.
Read More →
Subaru Enters Lending Business
The automaker follows other brands in adding captive financing in the U.S., and says the move will strengthen its position here.
Read More →
Positive Equity Reaches Record High
Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.
Read More →
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →