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Stock impact report

Sonic Automotive has big plans to revitalize used-car unit [Yahoo! Finance]

Sonic Automotive, Inc. (SAH) 
Last sonic automotive, inc. earnings: 4/29 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
This story was originally published on WardsAuto . To receive daily news and insights, subscribe to our free daily WardsAuto newsletter Sonic Automotive is planning a $10 million to $20 million ad campaign to spur the growth of its EchoPark used-car network, President Jeff Dyke told investors last month. “We're going to bring the EchoPark brand to life,” Dyke said in a Feb. 18 conference call , which discussed fourth-quarter and full-year 2025 results . In the coming years, the ultimate goal is for EchoPark to sell more than 1 million used vehicles annually, he said. Besides promoting all-around awareness of the EchoPark brand, the ad campaign — which will launch later this year — will also introduce a new EchoPark e-commerce app, and tout what Dyke called a “one-two punch” of below-market pricing and high customer-satisfaction scores. For competitors, “that's going to be very difficult to deal with, on top of an amazing selection of inventory,” Dyke said. That last word — in Show less Read more
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