Thursday, July 30, 2020

Sonic Q2 net income rises; EchoPark rollout accelerated

Sonic Q2 net income rises; EchoPark rollout accelerated https://ift.tt/310RMND

Aided by lower expenses and strong used-vehicle demand, Sonic Automotive's net income rose 16 percent in the second quarter despite the pandemic. The retailer is expanding a rollout of standalone EchoPark stores with new delivery and buy centers.

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