Overview
Description
Sonic Automotive Inc. is one of the largest automotive retailers in the United States. As a publicly traded company, it operates a vast network of franchised dealerships, offering a diverse range of new and used vehicles, as well as related services including vehicle repair, maintenance, and financing. The company's primary function is to facilitate the purchase and servicing of automobiles for consumers, embodying a critical role in the automotive sales and dealership sector. Sonic Automotive significantly impacts various industries, namely automotive manufacturing, consumer finance, and insurance, given its extensive dealership operations. Founded in 1997 and headquartered in Charlotte, North Carolina, Sonic Automotive plays an integral role in the automotive market, not only in terms of direct sales and customer service but also through its influence on customer purchasing trends and automotive dealer standards. By maintaining a consistent presence in the retail automobile industry, Sonic Automotive Inc. supports mobility needs and transportation infrastructure within the regions it operates.
About
CEO
Mr. David Bruton Smith
Employees
10800
Address
4401 Colwick Road
Charlotte, 28211, NC
United States
Charlotte, 28211, NC
United States
Phone
704 566 2400
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Auto & Truck Dealerships
Country
United States
MIC code
XNYS