Sonic Automotive, Inc. · Charlotte, NC United States · (NYSE: SAH)
Company Description
Phone: 704-566-2400
Fax: 704-536-4665
Rankings
- #337 in FORTUNE 500
- S&P 600
More Companies in: Charlotte, North Carolina
More Companies in These Related Industries: Automotive Repair & Maintenance Shops, New Car Dealers
View Sonic Automotive, Inc. Locations On A US Map
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This link will open in a new window No stranger to speed, Bruton Smith has raced Sonic Automotive to the front of the pack of US auto dealers behind larger rivals, such as AutoNation and Penske Automotive . Founded with five dealerships in 1997, Sonic owns about 135 new- and used-car dealerships and some 35 collision repair centers in about 15 states. Sonic sells 30-plus brands of cars and light trucks and offers vehicle financing. The company plans to continue growing in metropolitan markets. Sonic owns Massey Cadillac , a leading Cadillac dealer in the US. CEO Smith controls more than 50% of Sonic's voting power. He is also CEO and majority owner of Speedway Motorsports , which runs about a half a dozen NASCAR racetracks. To read the full description, subscribe now.
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Key Sonic Automotive, Inc. Financials
| Company Type | Public - NYSE: SAH Headquarters |
| Fiscal Year-End | December |
| 2009 Employees | 9,200 |
Sonic Automotive, Inc. Executives
23 executives listed for Sonic Automotive, Inc.'s Charlotte, NC location.
| Title | Name & Bio | Contact |
| Chairman and CEO | O. Bruton Smith | |
| Vice Chairman and CFO | David Cosper | |
| President, Chief Strategic Officer, and Director | B. Scott Smith |
Competition
Competitive Landscape for Sonic Automotive, Inc.
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability industry depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones. The structure of the industry is complex, with most smaller companies (referred to as "tier 2" and "tier 3" suppliers) selling parts to larger suppliers (referred to as "tier 1" suppliers), who in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMs. To read the full description, subscribe now.Top Sonic Automotive, Inc. Competitors
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