Sonic 'delighted' with rollout of new retail plan
Three weeks into the rollout of Sonic Automotive Inc.'s customer experience initiative, customers at the pilot store for the launch, Town and Country Toyota in Charlotte, N.C., aren't yet getting the promised iPad-enabled transaction with a single salesperson.
Thu Jul 24, 2014
Sonic Automotive Sees Large Volume Increase After Dividend Announcement
Sonic Automotive shares saw unusually-high trading volume on Wednesday after the company announced a dividend, Analyst Ratings Network reports.
Wed Jul 23, 2014
Detroit Free Press
Suburban Collection buys two Ann Arbor dealerships
Two more Michigan auto dealerships are now under the ownership of Suburban Collection, a growing automotive dealership group owned by Dave Fischer.
Officials: Sealed Air Corp. bringing 1,000 jobs to Charlotte
State officials announced Wednesday morning that Fortune 500 company Sealed Air Corp. will be bringing more than 1,000 jobs to Mecklenburg County.
Tue Jul 22, 2014
Sonic Automotive (SAH) Q2 2014 Results - Earnings Call Transcript
Good morning and welcome to the Sonic Automotive Second Quarter Earnings Conference Call.
Sonic Automotive, Inc. Reports All-Time Record Pre-Owned Unit Sales and Total Gross Profit
Results for the second quarter of 2013 include a pre-tax charge of approximately per diluted share, related to costs associated with retiring all of its outstanding 9.0% Senior Subordinated Notes due 2018 .
Sonic Automotive, Inc. Declares Quarterly Cash Dividend
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Sun Jul 13, 2014
Sonic bets new plan will transform automotive retailing
The particulars: One-price selling IPad-enabled transactions A single associate handling a customer from beginning to end Completion of a vehicle purchase in 45 minutes or less The price tag: $250 million so far, another $100 million planned, on technology alone The prospective payoff: A sales experience so customer-friendly that shoppers will ... (more)
Sales staff gets more responsibility, higher pay
Sonic Automotive Inc. began preparing its staff for the transition to its One Sonic-One Experience initiative years ago when it launched its playbooks, or guides for how to sell used cars, new cars, finance and insurance products and so on.
Mon Jul 07, 2014
Zacks Upgrades Sonic Automotive to Outperform
The firm currently has a $30.20 price objective on the stock. Zacks 's price target points to a potential upside of 8.59% from the company's current price.
Thu Jul 03, 2014
Sonic Automotive Sets New 1-Year High at $27.80
Shares of Sonic Automotive hit a new 52-week high during trading on Thursday , AnalystRatingsNetwork.com reports.