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Home > Company Index > Specialty Retail > Auto Dealers & Distributors > Sonic Automotive, Inc.
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Sonic Automotive, Inc. |
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NEWS FROM THE WIRES |
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Auto part makers shares drop on Ford cuts Aug 20 2001 12:38 PM PDT
Sonic Automotive posts Q2 profit Jul 31 2001 05:26 AM PDT
> More WIRE STORIES about this company
PROFILE |
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No stranger to speed, Bruton Smith has raced Sonic Automotive to its position as the #2 publicly-owned dealer group in the US (AutoNation is #1). Founded with five dealerships in 1997, Sonic operates about 165 new- and used-car dealerships, as well as about 30 collision repair centers, in 13 states and Washington, DC. Sonic, which has grown through a slew of acquisitions, sells more than 30 brands of cars and light trucks; luxury brands account for about 27% of new-car sales. Chairman and CEO Smith controls over 70% of Sonic's voting power. He is also chairman, CEO, and majority owner of Speedway Motorsports, which operates six major racetracks.
COMPETITION |
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AutoNation, Inc. (AN)
Group 1 Automotive, Inc. (GPI)
United Auto Group, Inc. (UAG)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 6,052.50
1-Yr. Sales Growth: 80.6%
Employees: 9,400
Revenue per employee: $643,882.98
KEY PEOPLE |
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O. Bruton Smith
CEO
Theodore M. Wright
CFO
CONTACT INFO |
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5401 E. Independence Blvd.
Charlotte, NC 28212
US
Phone: 704-532-3320
Fax: 704-536-5116
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
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