Sonic Suspends Some EchoPark Operations
Company cites the impacts of lower used-vehicle availability and higher wholesale pricing as the reasons.
Read more
EchoPark, F&I Offset Sagging Sales Numbers for Sonic in Q2
Poor retail sales were offset by a 3.1% increase in total F&I gross profit and a 40.5% increase in revenue at Sonic Automotive's EchoPark locations. While declining oil prices have hurt the company's performance in the Houston market, officials are confident the group will recover.
media brand