{"id":474606,"date":"2021-04-12T06:58:03","date_gmt":"2021-04-12T10:58:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-expands-its-echopark-network-with-newest-store-in-birmingham-alabama\/"},"modified":"2021-04-12T06:58:03","modified_gmt":"2021-04-12T10:58:03","slug":"sonic-automotive-expands-its-echopark-network-with-newest-store-in-birmingham-alabama","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-expands-its-echopark-network-with-newest-store-in-birmingham-alabama\/","title":{"rendered":"Sonic Automotive Expands its EchoPark Network with Newest Store in Birmingham, Alabama"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Sonic Automotive Expands its EchoPark Network with Newest Store in Birmingham, Alabama <\/b><\/p>\n<p class=\"bwalignc\"><i>First Location in Alabama and 22<\/i><sup>nd<\/sup><i> Location To-Date As Part of Rapidly Expanding Nationwide Distribution Network<\/i><\/p>\n<p>BIRMINGHAM, Ala.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sonicautomotive.com%2F&amp;esheet=52406507&amp;newsitemid=20210412005004&amp;lan=en-US&amp;anchor=Sonic+Automotive%2C+Inc.&amp;index=1&amp;md5=45463d643fcd6bb0949cd7ec5cd09f55\">Sonic Automotive, Inc.<\/a> (\u201cSonic\u201d or the \u201cCompany\u201d) (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fir.sonicautomotive.com%2Fstock-data%2Fquote&amp;esheet=52406507&amp;newsitemid=20210412005004&amp;lan=en-US&amp;anchor=NYSE%3ASAH&amp;index=2&amp;md5=d289c5e7094619e7d66aa7b48644749f\">NYSE:SAH<\/a>), a Fortune 500 Company and one of the nation\u2019s largest automotive retailers, today announced the opening of its newest EchoPark specialty pre-owned vehicle store in Birmingham, Alabama.\n<\/p>\n<p>\nEchoPark Birmingham is the Company\u2019s 22<sup>nd<\/sup> location to-date, its first in the State of Alabama and follows recent openings in Maryland, Arizona and New York. Guests in the greater Birmingham market will be able to visit in person or online at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.echopark.com%2F&amp;esheet=52406507&amp;newsitemid=20210412005004&amp;lan=en-US&amp;anchor=www.echopark.com&amp;index=3&amp;md5=8ea35cdc82e206d00d10680bf3f0edbe\">www.echopark.com<\/a> to shop an inventory of nearly 10,000 high quality one-to-four year-old pre-owned vehicles under original factory warranty, with clean CarFax reports, and priced up to 40 percent below new car pricing.\n<\/p>\n<p>\n\u201cWe are very excited to bring the EchoPark brand to Birmingham, which has been a great market for Sonic\u2019s new vehicle business for many years,\u201d said David Smith, Chief Executive Officer of Sonic Automotive and EchoPark Automotive. \u201cMore and more people are getting back out on the roads as we head further into 2021, and we expect to see continued strong demand for pre-owned vehicles and rapid growth for the EchoPark brand as a result of its inventory selection, unbeatable pricing and unique guest experience.\u201d\n<\/p>\n<p>\nDavid Smith continued, \u201cThere is a tremendous opportunity for growth in the pre-owned vehicle market, and as we continue the rapid expansion of our nationwide distribution network we are excited to introduce the EchoPark guest experience to car buyers in the State of Alabama and beyond.\u201d\n<\/p>\n<p>\nFollowing its 2014 launch, EchoPark Automotive has rapidly become one of the pre-owned automotive retail industry\u2019s most prominent success stories. The Company continues to expand its EchoPark footprint with plans to reach a 140-point nationwide distribution network by 2025, which is expected to retail 575,000 vehicles annually and generate $14 billion in EchoPark revenues by that time.\n<\/p>\n<p>\nEchoPark Birmingham is located at 2001 Tom Williams Way, Birmingham, AL 35210 and can be reached at (205) 670-2462, or online at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.echopark.com%2Fdealerships%2Fbirmingham.htm&amp;esheet=52406507&amp;newsitemid=20210412005004&amp;lan=en-US&amp;anchor=www.echopark.com&amp;index=4&amp;md5=ce3ffa5e319eb4b8a2f05eb150a4955d\">www.echopark.com<\/a>. The 27,000 square foot facility provided EchoPark the perfect opportunity to upcycle the building, refreshing the location with a bright, welcoming, guest-centric experience. We continue our growth into new markets offering a unique alternative to the traditional pre-owned vehicle dealership experience. EchoPark Birmingham is expected to employ approximately 70 EchoPark teammates when fully staffed.\n<\/p>\n<p><b><span class=\"bwuline\">About EchoPark Automotive<\/span><\/b><\/p>\n<p>\nEchoPark Automotive is a growing operating segment within the Company that specializes in pre-owned vehicle sales and provides a unique guest experience unlike traditional used car stores. More information about EchoPark Automotive can be found at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.echopark.com%2F&amp;esheet=52406507&amp;newsitemid=20210412005004&amp;lan=en-US&amp;anchor=www.echopark.com&amp;index=5&amp;md5=5976ee16f9954e580947a2bf7c457ea0\">www.echopark.com<\/a>.\n<\/p>\n<p><b><span class=\"bwuline\">About Sonic Automotive<\/span><\/b><\/p>\n<p>\nSonic Automotive, Inc., a Fortune 500 company based in Charlotte, North Carolina, is one of the nation\u2019s largest automotive retailers. Sonic can be reached on the web at<b \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sonicautomotive.com%2F&amp;esheet=52406507&amp;newsitemid=20210412005004&amp;lan=en-US&amp;anchor=www.sonicautomotive.com&amp;index=6&amp;md5=bfaf2c79f6dc8b6aea638eb15d0dee3f\">www.sonicautomotive.com<\/a>.\n<\/p>\n<p><b><span class=\"bwuline\">Forward-Looking Statements<\/span><\/b><\/p>\n<p>\nIncluded herein are forward-looking statements, including statements regarding anticipated future revenue levels, pre-owned vehicle sales projections, staffing levels and the opening of additional EchoPark points. There are many factors that affect management\u2019s views about future events and trends of the Company\u2019s business. These factors involve risks and uncertainties that could cause actual results or trends to differ materially from management\u2019s views, including, without limitation, economic conditions in the markets in which we operate, new and used vehicle industry sales volume, anticipated future growth in our EchoPark Segment, the success of our operational strategies, the rate and timing of overall economic expansion or contraction, the effect of the COVID-19 pandemic and related government-imposed restrictions on operations, and the risk factors described in the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2020 and other reports and information filed with the Securities and Exchange Commission (the \u201cSEC\u201d). The Company does not undertake any obligation to update forward-looking information, except as required under federal securities laws and the rules and regulations of the SEC.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210412005004r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210412005004\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210412005004\/en\/<\/a><\/span><\/p>\n<p><b>Investor Inquiries:<br \/>\n<\/b><br \/>Heath Byrd, Executive Vice President and Chief Financial Officer 704-566-2400<br \/>\n<br \/>Danny Wieland, Vice President, Investor Relations 704-927-3462<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ir@sonicautomotive.com\">ir@sonicautomotive.com<\/a><b \/><\/p>\n<p><b>Press Inquiries:<br \/>\n<\/b><br \/>Danielle DeVoren \/ Anthony Feldman<br \/>\n<br \/>212-896-1272 \/ 617-921-0984<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ddevoren@kcsa.com\">ddevoren@kcsa.com<\/a>\/<a rel=\"nofollow\" href=\"mailto:afeldman@kcsa.com\">afeldman@kcsa.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America North Carolina Alabama<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Online Retail Retail Aftermarket General Automotive Automotive<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210412005004\/en\/869264\/3\/EchoPark_Registered_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Sonic Automotive Expands its EchoPark Network with Newest Store in Birmingham, Alabama First Location in Alabama and 22nd Location To-Date As Part of Rapidly Expanding Nationwide Distribution Network BIRMINGHAM, Ala.&#8211;(BUSINESS WIRE)&#8211;Sonic Automotive, Inc. (\u201cSonic\u201d or the \u201cCompany\u201d) (NYSE:SAH), a Fortune 500 Company and one of the nation\u2019s largest automotive retailers, today announced the opening of its newest EchoPark specialty pre-owned vehicle store in Birmingham, Alabama. EchoPark Birmingham is the Company\u2019s 22nd location to-date, its first in the State of Alabama and follows recent openings in Maryland, Arizona and New York. Guests in the greater Birmingham market will be able to visit in person or online at www.echopark.com to shop an inventory of nearly 10,000 high quality one-to-four year-old pre-owned vehicles &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-expands-its-echopark-network-with-newest-store-in-birmingham-alabama\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sonic Automotive Expands its EchoPark Network with Newest Store in Birmingham, Alabama&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-474606","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sonic Automotive Expands its EchoPark Network with Newest Store in Birmingham, Alabama - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-expands-its-echopark-network-with-newest-store-in-birmingham-alabama\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sonic Automotive Expands its EchoPark Network with Newest Store in Birmingham, Alabama - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Sonic Automotive Expands its EchoPark Network with Newest Store in Birmingham, Alabama First Location in Alabama and 22nd Location To-Date As Part of Rapidly Expanding Nationwide Distribution Network BIRMINGHAM, Ala.&#8211;(BUSINESS WIRE)&#8211;Sonic Automotive, Inc. (\u201cSonic\u201d or the \u201cCompany\u201d) (NYSE:SAH), a Fortune 500 Company and one of the nation\u2019s largest automotive retailers, today announced the opening of its newest EchoPark specialty pre-owned vehicle store in Birmingham, Alabama. EchoPark Birmingham is the Company\u2019s 22nd location to-date, its first in the State of Alabama and follows recent openings in Maryland, Arizona and New York. Guests in the greater Birmingham market will be able to visit in person or online at www.echopark.com to shop an inventory of nearly 10,000 high quality one-to-four year-old pre-owned vehicles &hellip; Continue reading &quot;Sonic Automotive Expands its EchoPark Network with Newest Store in Birmingham, Alabama&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-expands-its-echopark-network-with-newest-store-in-birmingham-alabama\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-12T10:58:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210412005004r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonic-automotive-expands-its-echopark-network-with-newest-store-in-birmingham-alabama\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonic-automotive-expands-its-echopark-network-with-newest-store-in-birmingham-alabama\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Sonic Automotive Expands its EchoPark Network with Newest Store in Birmingham, Alabama\",\"datePublished\":\"2021-04-12T10:58:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonic-automotive-expands-its-echopark-network-with-newest-store-in-birmingham-alabama\\\/\"},\"wordCount\":741,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonic-automotive-expands-its-echopark-network-with-newest-store-in-birmingham-alabama\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210412005004r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonic-automotive-expands-its-echopark-network-with-newest-store-in-birmingham-alabama\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonic-automotive-expands-its-echopark-network-with-newest-store-in-birmingham-alabama\\\/\",\"name\":\"Sonic Automotive Expands its EchoPark Network with Newest Store in Birmingham, Alabama - 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(\u201cSonic\u201d or the \u201cCompany\u201d) (NYSE:SAH), a Fortune 500 Company and one of the nation\u2019s largest automotive retailers, today announced the opening of its newest EchoPark specialty pre-owned vehicle store in Birmingham, Alabama. EchoPark Birmingham is the Company\u2019s 22nd location to-date, its first in the State of Alabama and follows recent openings in Maryland, Arizona and New York. Guests in the greater Birmingham market will be able to visit in person or online at www.echopark.com to shop an inventory of nearly 10,000 high quality one-to-four year-old pre-owned vehicles &hellip; Continue reading \"Sonic Automotive Expands its EchoPark Network with Newest Store in Birmingham, Alabama\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-expands-its-echopark-network-with-newest-store-in-birmingham-alabama\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-12T10:58:03+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210412005004r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-expands-its-echopark-network-with-newest-store-in-birmingham-alabama\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-expands-its-echopark-network-with-newest-store-in-birmingham-alabama\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Sonic Automotive Expands its EchoPark Network with Newest Store in Birmingham, Alabama","datePublished":"2021-04-12T10:58:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-expands-its-echopark-network-with-newest-store-in-birmingham-alabama\/"},"wordCount":741,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-expands-its-echopark-network-with-newest-store-in-birmingham-alabama\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210412005004r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-expands-its-echopark-network-with-newest-store-in-birmingham-alabama\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-expands-its-echopark-network-with-newest-store-in-birmingham-alabama\/","name":"Sonic Automotive Expands its EchoPark Network with Newest Store in Birmingham, Alabama - 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