Sonic Automotive, Inc. (SAH) NYSE

84.80

+0.93(+1.11%)

Updated at June 02 04:00PM

Currency In USD

Sonic Automotive, Inc.

Address

4401 Colwick Road

Charlotte, NC 28211

United States of America (the)

Phone

704 566 2400

Sector

Consumer Cyclical

Industry

Auto - Dealerships

Employees

10800

First IPO Date

November 12, 1997

Key Executives

NameTitlePayYear Born
David Bruton SmithChief Executive Officer & Chairman7.85M1975
Scott SmithCo-Founder & Director34,4991968
Heath R. ByrdExecutive Vice President & Chief Financial Officer4.47M1966
Frank Jeff DykePresident & Director6.52M1967
Thomas KeenChief Operating Officer0N/A
Danny WielandVice President of Investor Relations & Financial Reporting0N/A
Dino BernacchiChief Marketing Officer01970
Stephen CarvelliChief Technology Officer0N/A
Stephen K. CossSenior Vice President, General Counsel & Secretary0N/A
Steve WittmanChief Digital Retail Officer0N/A

Description

Sonic Automotive, Inc. operates as an automotive retailer in the United States. It operates in two segments, Franchised Dealerships and EchoPark. The Franchised Dealerships segment is involved in the sale of new and used cars and light trucks, and replacement parts; provision of vehicle maintenance, manufacturer warranty repair, and paint and collision repair services; and arrangement of extended warranties, service contracts, financing, insurance, and other aftermarket products for its guests. The EchoPark segment sells used cars and light trucks; and arranges finance and insurance product sales for its guests in pre-owned vehicle specialty retail locations. As of December 31, 2021, the company operated 140 new vehicle franchises representing 28 brands of cars and light trucks; 17 collision repair centers in 17 states; and 46 EchoPark stores in 16 states, including 11 Northwest Motorsport pre-owned vehicle stores. Sonic Automotive, Inc. was incorporated in 1997 and is based in Charlotte, North Carolina.