Sonic Automotive Inc Class A

SAH: XNYS (USA)
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$88.00QjjftHlrsmfl

Sonic Will Keep Growing Via Acquisitions and EchoPark Expansion

Business Strategy and Outlook

Sonic Automotive is undergoing many changes. Rollout of its omnichannel Digital One Stop process and the CarCash app allows consumers to shop digitally or in-store and helps Sonic procure more used-vehicle inventory. Management has also worked to make the car-buying process nearly paperless, place the customer with only one person for the entire transaction, and enable the customer to take delivery of a vehicle in an hour or less after deciding which one to buy.

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