Sonic Automotive

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Sonic Automotive
Public
Traded as NYSESAH
Industry Automotive
Founder O Bruton Smith
Headquarters Charlotte, North Carolina, United States
Key people
O Bruton Smith
Chairman of the Board, Chief Executive Officer[1]
B. Scott Smith
President, Chief Strategic Officer, Director[1]
Website www.sonicautomotive.com

Sonic Automotive, Inc. (NYSESAH) is a Fortune 500 company based in Charlotte, North Carolina, and is one of the largest automotive retailers in the United States. The company's founder and CEO is O Bruton Smith, who is also the founder and CEO of Speedway Motorsports (NYSETRK). [2] Sonic ranked 309th on the 2014 Fortune 500 list.[3] The company also is a member of the Russell 2000 Index.[4]

Sonic Automotive operates in 14 states with more than 100 dealerships representing 25 different brands of automobiles.These dealerships provide numerous services, including sales of new and used cars; sales of replacement parts; vehicle maintenance, warranty, paint, and collision repair services; and arrangement of extended warranty contracts, financing, and insurance for the company's customers.[5]

History[edit]

Sonic Automotive was launched as a public company in November 1997 by O. Bruton Smith. At the time, the company had 20 stores, representing 15 brands and several hundred employees.[5]


References[edit]

  1. ^ a b "Executive Team | Sonic Automotive". sonicautomotive.com. March 17, 2014. Archived from the original on March 17, 2014. Retrieved March 17, 2014. 
  2. ^ [1]
  3. ^ [2]
  4. ^ Russell 2000 Index
  5. ^ a b [3]

External links[edit]