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Business Description :
Sonic Automotive is the fourth-largest public auto dealership group in the United States. The company has 92 franchised stores in 13 states, primarily in metropolitan areas, plus eight EchoPark used vehicle stores. In addition to new- and used-vehicle sales, the company derives revenue from parts and collision repair, finance, insurance, and wholesale auctions. Luxury and import dealerships make up nearly 90% of new vehicle revenue, while Honda, BMW, Mercedes, and Toyota constitute nearly 60% of new-vehicle revenue.