Sonic Automotive Inc - Class A

Sonic Automotive, Inc. (NYSE: SAH) is a Fortune 300 diversified automotive and powersports retailer operating through three segments: Franchised Dealerships, EchoPark, and Powersports. The Franchised Dealerships segment operates 107 locations representing 24 automotive brands with a portfolio skewing heavily toward luxury (55% of revenue) including BMW, Mercedes, Audi, Land Rover, Lexus, and Porsche. The EchoPark segment is a pre-owned vehicle retail platform operating 18 locations focused on a no-haggle, below-market pricing model targeting high-volume used vehicle sales with plans for continued national expansion. The Powersports segment operates 20 locations representing 15 powersports brands including Harley-Davidson, Kawasaki, BRP, and Polaris, and represents an early-stage consolidation opportunity in a fragmented market. Across its network, Sonic operates 173 franchises in 145 locations across 90 cities in 21 states. The company generates revenue from new and used vehicle sales, parts and service and collision repair (fixed operations), and finance and insurance products. Texas and California are its two largest markets, together representing approximately 51% of total revenues. Updated Jul 30, 2026