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'Pawn Your Diamond' offers the community information about the Fortune 500 companies.

Why the name?
The aim behind our name is to give young entrepreneurs the incentive to start from scratch with the hope that this small money they got from pawning a diamond they had aside, grows and flourishes into a multi billion dollar corporation.

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Simply NOT. Such famous corporations did not exist forever. Each and every foundation did start somewhere and usually had one or a few founding members. So grab the general concept and work hard!
 
   
  Fortune 500 - Spot Number 272

Company Information

Name: Sonic Automotive, Inc

Industry: Retail (Specialty)

Description: Sonic Automotive, Inc. is one of the largest automotive retailers in the United States operating 187 franchises and 45 collision repair centers.

Financial Summary: Sonic Automotive, Inc. is an automotive retailer thatoperates 189 dealership franchises at 139 dealership locations, representing 37 different brands of cars & light trucks. It also operates 40 collision repair centers in 15 states. For the 6 months ended 6/30/05, revenues rose 12% to $3.83B. Net income from continuing ops. fell 8% to $48.1M. Results reflect increased consumer spending, offset by higher interest costs.

Business Summary: Sonic Automotive, Inc. is an automotive retailer operating mainly in the United States. As of March 1, 2005, the Company operated 192 dealership franchises, representing 38 different brands of cars and light trucks, at 159 locations and 40 collision repair centers in 15 states. These dealerships provide comprehensive services, including sales of both new and used cars and light trucks; sales of replacement parts; performance of vehicle maintenance; warranty; paint and collision repair services, and arrangement of extended warranty contracts, financing and insurance for the Company's customers. In 2004, 60.7% of Sonic Automotive's revenue was sourced from new vehicle sales; 16.1% was from the sales of used vehicles; 13.9% was from parts, service and collision repair; 6.7% was from sales of wholesale vehicles, and 2.6% was from finance and insurance.


Misc Details

Symbol: SAH

City: Charlotte

State: NC

ZIP Code: 28212

Address: 6415 Idlewild Rd
Suite 109

Phone: 704-566-2400

Fax: 704-536-4665

Website: http://www.sonicautomotive.com


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