{"id":516961,"date":"2021-07-23T06:58:09","date_gmt":"2021-07-23T10:58:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-adds-additional-market-to-its-growing-echopark-nationwide-distribution-network-digital-expansion-in-greensboro-north-carolina\/"},"modified":"2021-07-23T06:58:09","modified_gmt":"2021-07-23T10:58:09","slug":"sonic-automotive-adds-additional-market-to-its-growing-echopark-nationwide-distribution-network-digital-expansion-in-greensboro-north-carolina","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-adds-additional-market-to-its-growing-echopark-nationwide-distribution-network-digital-expansion-in-greensboro-north-carolina\/","title":{"rendered":"Sonic Automotive Adds Additional Market To Its Growing EchoPark Nationwide Distribution Network & Digital Expansion In Greensboro, North Carolina"},"content":{"rendered":"

<\/p>\n

Sonic Automotive Adds Additional Market To Its Growing EchoPark Nationwide Distribution Network & Digital Expansion In Greensboro, North Carolina<\/b><\/p>\n

The Recently Opened EchoPark Greensboro Delivery Center Offers Consumers a Modern eCommerce Automotive Buying Experience<\/i><\/p>\n

GREENSBORO, N.C.–(BUSINESS WIRE<\/a>)–Sonic Automotive, Inc.<\/a><\/b> (\u201cSonic\u201d or the \u201cCompany\u201d) (NYSE:SAH<\/a>), a Fortune 500 Company and one of the nation\u2019s largest automotive retailers, today announced the recent opening of an EchoPark Automotive delivery center in the Greensboro, North Carolina market.\n<\/p>\n

\n\u201cThe pre-owned vehicle market continues to grow, and the way consumers shop and buy vehicles is trending toward a more modern, consumer-friendly approach. We are excited to meet this growing demand by bringing our unique EchoPark experience to the Greensboro \u2013 Winston-Salem \u2013 High Point market, where we will offer a new population of car buyers an exceptional selection of high-quality, pre-owned vehicles, priced up to $3,000 below market with a modern, flexible guest-centric experience,\u201d said David Smith, Chief Executive Officer of Sonic Automotive and EchoPark Automotive.\n<\/p>\n

\nGuests are able to visit in person or online at EchoPark.com<\/a> to shop an inventory of over 10,000 high quality, one- to four-year-old pre-owned vehicles under original factory warranty, with clean CarFax reports. From the EchoPark website<\/a>, guests can complete a purchase online and schedule a convenient time for pickup at an EchoPark delivery center. Upon arrival, guests work with an EchoPark experience guide, who will help answer any questions and finalize all transaction details before quickly getting them on their way home with their new purchase.\n<\/p>\n

\n\u201cOver the past three years, consumers in the Piedmont Triad have already discovered the value of the EchoPark brand, traveling nearly 100 miles to save thousands of dollars purchasing a vehicle from our physical retail location in Charlotte. We are happy to announce that we have reduced that travel time by bringing our flexible, seamless car-buying experience to directly to this market as we continue to expand our nationwide reach,\u201d said Jeff Dyke, President of Sonic Automotive and EchoPark Automotive.\n<\/p>\n

\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 into new markets and anticipates 25% population coverage by the end of 2021 and 90% population coverage by 2025, driving toward its interim goal of retailing 575,000 vehicles annually and generating $14 billion in EchoPark revenues by 2025.\n<\/p>\n

Find Our Newest Locations<\/span><\/b><\/p>\n

\nEchoPark Greensboro Delivery Center is located at 3604 West Wendover Avenue, Greensboro, North Carolina. It is open Monday to Friday from 10am to 7pm, and Saturday from 10am to 6pm. The store can be reached at (336) 815-4032 or online at www.echopark.com\/dealerships\/greensboro<\/a>.\n<\/p>\n

About EchoPark Automotive<\/span><\/b><\/p>\n

\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 www.echopark.com<\/a>.\n<\/p>\n

About Sonic Automotive<\/span><\/b><\/p>\n

\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 atwww.sonicautomotive.com<\/a>.\n<\/p>\n

Forward-Looking Statements<\/span><\/b><\/p>\n

\nIncluded herein are forward-looking statements, including statements regarding anticipated future revenue levels, future profitability, pre-owned vehicle sales projections, the opening of additional EchoPark markets, and future population coverage. 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>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210723005010\/en\/<\/a><\/span><\/p>\n

Investor Inquiries:
\n<\/b>
Heath Byrd, Executive Vice President and Chief Financial Officer 704-566-2400
\n
Danny Wieland, Vice President, Investor Relations 704-927-3462
\n
ir@sonicautomotive.com<\/a><\/p>\n

Press Inquiries:
\n<\/b>
Joshua Greenwald \/ Danielle DeVoren
\n
646-379-7971 \/ 212-896-1272
\n
jgreenwald@kcsa.com<\/a> \/ ddevoren@kcsa.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America North Carolina<\/p>\n

INDUSTRY KEYWORDS:<\/b> General Automotive Other Automotive Aftermarket Automotive<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
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Sonic Automotive Adds Additional Market To Its Growing EchoPark Nationwide Distribution Network & Digital Expansion In Greensboro, North Carolina The Recently Opened EchoPark Greensboro Delivery Center Offers Consumers a Modern eCommerce Automotive Buying Experience GREENSBORO, N.C.–(BUSINESS WIRE)–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 recent opening of an EchoPark Automotive delivery center in the Greensboro, North Carolina market. \u201cThe pre-owned vehicle market continues to grow, and the way consumers shop and buy vehicles is trending toward a more modern, consumer-friendly approach. We are excited to meet this growing demand by bringing our unique EchoPark experience to the Greensboro \u2013 Winston-Salem \u2013 High Point market, where … <\/p>\n

Continue reading “Sonic Automotive Adds Additional Market To Its Growing EchoPark Nationwide Distribution Network & Digital Expansion In Greensboro, North Carolina”<\/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-516961","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSonic Automotive Adds Additional Market To Its Growing EchoPark Nationwide Distribution Network & Digital Expansion In Greensboro, North Carolina - 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-adds-additional-market-to-its-growing-echopark-nationwide-distribution-network-digital-expansion-in-greensboro-north-carolina\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sonic Automotive Adds Additional Market To Its Growing EchoPark Nationwide Distribution Network & Digital Expansion In Greensboro, North Carolina - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Sonic Automotive Adds Additional Market To Its Growing EchoPark Nationwide Distribution Network & Digital Expansion In Greensboro, North Carolina The Recently Opened EchoPark Greensboro Delivery Center Offers Consumers a Modern eCommerce Automotive Buying Experience GREENSBORO, N.C.–(BUSINESS WIRE)–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 recent opening of an EchoPark Automotive delivery center in the Greensboro, North Carolina market. \u201cThe pre-owned vehicle market continues to grow, and the way consumers shop and buy vehicles is trending toward a more modern, consumer-friendly approach. We are excited to meet this growing demand by bringing our unique EchoPark experience to the Greensboro \u2013 Winston-Salem \u2013 High Point market, where … Continue reading "Sonic Automotive Adds Additional Market To Its Growing EchoPark Nationwide Distribution Network & Digital Expansion In Greensboro, North Carolina"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-adds-additional-market-to-its-growing-echopark-nationwide-distribution-network-digital-expansion-in-greensboro-north-carolina\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-23T10:58:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210723005010r1&sid=flmnd&distro=nx&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-adds-additional-market-to-its-growing-echopark-nationwide-distribution-network-digital-expansion-in-greensboro-north-carolina\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonic-automotive-adds-additional-market-to-its-growing-echopark-nationwide-distribution-network-digital-expansion-in-greensboro-north-carolina\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Sonic Automotive Adds Additional Market To Its Growing EchoPark Nationwide Distribution Network & Digital Expansion In Greensboro, North Carolina\",\"datePublished\":\"2021-07-23T10:58:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonic-automotive-adds-additional-market-to-its-growing-echopark-nationwide-distribution-network-digital-expansion-in-greensboro-north-carolina\\\/\"},\"wordCount\":783,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonic-automotive-adds-additional-market-to-its-growing-echopark-nationwide-distribution-network-digital-expansion-in-greensboro-north-carolina\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210723005010r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonic-automotive-adds-additional-market-to-its-growing-echopark-nationwide-distribution-network-digital-expansion-in-greensboro-north-carolina\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonic-automotive-adds-additional-market-to-its-growing-echopark-nationwide-distribution-network-digital-expansion-in-greensboro-north-carolina\\\/\",\"name\":\"Sonic Automotive Adds Additional Market To Its Growing EchoPark Nationwide Distribution Network & Digital Expansion In Greensboro, North Carolina - 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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 recent opening of an EchoPark Automotive delivery center in the Greensboro, North Carolina market. \u201cThe pre-owned vehicle market continues to grow, and the way consumers shop and buy vehicles is trending toward a more modern, consumer-friendly approach. We are excited to meet this growing demand by bringing our unique EchoPark experience to the Greensboro \u2013 Winston-Salem \u2013 High Point market, where … Continue reading \"Sonic Automotive Adds Additional Market To Its Growing EchoPark Nationwide Distribution Network & Digital Expansion In Greensboro, North Carolina\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-adds-additional-market-to-its-growing-echopark-nationwide-distribution-network-digital-expansion-in-greensboro-north-carolina\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-23T10:58:09+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210723005010r1&sid=flmnd&distro=nx&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-adds-additional-market-to-its-growing-echopark-nationwide-distribution-network-digital-expansion-in-greensboro-north-carolina\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-adds-additional-market-to-its-growing-echopark-nationwide-distribution-network-digital-expansion-in-greensboro-north-carolina\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Sonic Automotive Adds Additional Market To Its Growing EchoPark Nationwide Distribution Network & Digital Expansion In Greensboro, North Carolina","datePublished":"2021-07-23T10:58:09+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-adds-additional-market-to-its-growing-echopark-nationwide-distribution-network-digital-expansion-in-greensboro-north-carolina\/"},"wordCount":783,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-adds-additional-market-to-its-growing-echopark-nationwide-distribution-network-digital-expansion-in-greensboro-north-carolina\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210723005010r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-adds-additional-market-to-its-growing-echopark-nationwide-distribution-network-digital-expansion-in-greensboro-north-carolina\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-adds-additional-market-to-its-growing-echopark-nationwide-distribution-network-digital-expansion-in-greensboro-north-carolina\/","name":"Sonic Automotive Adds Additional Market To Its Growing EchoPark Nationwide Distribution Network & Digital Expansion In Greensboro, North Carolina - 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