| Business Summary | | Sonic
Automotive,
Inc.
is
an
automotive
retailer
operating
165
dealership
franchises
and
30
collision
repair
centers
in
13
states.
The
Company
owns
and
operates
franchises
for
31
different
brands
of
cars
and
light
trucks,
providing
comprehensive
services,
including
sales
of
both
new
and
used
cars
and
light
trucks,
replacement
parts
and
vehicle
maintenance,
warranty,
paint
and
repair
services.
The
Company
also
arranges
extended-warranty
contracts
and
financing
and
insurance
for
its
automotive
customers.
Sonic's
growth
in
operations
has
been
focused
on
metropolitan
markets,
predominantly
in
the
Southeast,
Southwest,
Midwest
and
California.
The
Company's
vehicle
brands
include
Honda;
Ford;
Chrysler,
including
Dodge,
Jeep
and
Plymouth;
BMW;
Motors
including
Buick,
Cadillac,
Chevrolet,
GMC,
Oldsmobile
and
Pontiac;
Toyota;
Nissan;
Lexus,
and
Other
such
as
Acura,
Audi,
Hyundai,
Infiniti,
Isuzu,
KIA,
Land
Rover,
Lincoln,
Mercedes,
Mercury,
Mitsubishi,
Porsche,
Subaru,
Volkswagen
and
Volvo. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sonic
Automotive,
Inc.
is
an
automotive
retailer
that
operates
165
dealerships
franchises
and
30
collision
repair
centers.
SAH
sells
new
and
used
cars,
light
trucks
and
replacement
parts,
and
provides
maintenance,
warranty,
paint,
repair
and
financing
services.
For
the
six
months
ended
6/30/01,
revenues
rose
6%
to
$3.18
billion.
Earnings
fell
10%
to
$36
million.
Results
reflect
higher
new
vehicle
unit
sales
and
average
selling
prices,
offset
by
increased
rent
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| O. Bruton Smith, 74 Chairman
and CEO | $1.1M | B. Scott Smith, 33 Pres,
COO | 817K | Thomas Price, 57 Vice
Chairman | 601K | Theodore Wright, 38 CFO,
VP-Fin., Treasurer, Director | 611K | Jeffrey Rachor, 39 Exec.
VP of Retail Operations, Director | 844K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|