Sonic Automotive operates through two segments

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PAG is a bit of a multitasker, juggling multiple aspects of the automotive and transportation services industry. This breadth gives them a competitive edge, but also means they have to master multiple areas to stay ahead. Their revenues in 2019 were $22.8 billion, with a net income of $470.3 million. They are no small player in the market.

Sonic Automotive, Inc
Sonic Automotive, headquartered in Charlotte, North Carolina, is a Fortune 500 automotive bolivia phone number data retailer. They deal in new and used vehicles, offer some financing services, and provide vehicle maintenance and repair services. In short, they cover a lot of ground in the automotive industry. CarMax and Sonic are about making it easy for people to buy cars without hassle, but they do it differently.

franchise dealers and EchoPark. The franchise dealer segment sells new and used cars and light trucks of various brands. They have many brands under their belt, which means customers have many choices.

Then there’s EchoPark, Sonic Automotive’s used vehicle segment. This is where things get interesting for CarMax. EchoPark is designed to give customers a whole new way to buy used cars, putting it in direct competition with CarMax’s used car business. They aim to provide customers with a fast, transparent experience with high quality at its core.

Sonic Automotive is a major player in the automotive retail industry. They have over 100 dealerships spread across 13 states, representing approximately 25 different brands of cars and light trucks. They are serious about what they do and their reach is extensive.