Sonic Automotive, Inc. (SA8A.F)

51.50 -1.50 (-2.83%) At close: 08:20AM CEST

Sonic Automotive, Inc.

4401 Colwick Road
Charlotte, NC 28211
United States
704 566 2400
https://www.sonicautomotive.com

Sector(s): Consumer Cyclical
Industry: Auto & Truck Dealerships
Full Time Employees: 10,500

Description

Sonic Automotive, Inc. operates as an automotive retailer in the United States. It operates in three segments, Franchised Dealerships, EchoPark, and Powersports. 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. The Powersports Segment sells new and used powersports vehicles, such as motorcycles, and personal watercraft and all-terrain vehicles; and offers finance and insurance services. The company was incorporated in 1997 and is based in Charlotte, North Carolina.

Corporate Governance

Sonic Automotive, Inc.’s ISS Governance QualityScore as of June 1, 2024 is 9. The pillar scores are Audit: 10; Board: 10; Shareholder Rights: 9; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.