{"id":794421,"date":"2024-12-12T06:58:10","date_gmt":"2024-12-12T11:58:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-announces-acquisition-of-audi-new-orleans\/"},"modified":"2024-12-12T06:58:10","modified_gmt":"2024-12-12T11:58:10","slug":"sonic-automotive-announces-acquisition-of-audi-new-orleans","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sonic-automotive-announces-acquisition-of-audi-new-orleans\/","title":{"rendered":"Sonic Automotive Announces Acquisition of Audi New Orleans"},"content":{"rendered":"

<\/p>\n

Sonic Automotive Announces Acquisition of Audi New Orleans<\/b><\/p>\n

The acquisition marks the company\u2019s first franchise automotive location in Louisiana<\/i><\/b><\/p>\n

CHARLOTTE, N.C.–(BUSINESS WIRE<\/a>)–Sonic Automotive, Inc.<\/a> (\u201cSonic\u2019\u2019 or the \u201cCompany\u201d) (NYSE:SAH<\/a>), a Fortune 500 Company and one of the nation\u2019s largest automotive and powersports retailers, today announced the recent acquisition of Audi New Orleans<\/a>, located in Metairie, Louisiana, serving the greater New Orleans area.<\/p>\n

\nThe Company purchased Audi New Orleans from the Bohn Brothers Automotive Group, which has a deep history of automotive dealership operations in Louisiana. Audi New Orleans opened its doors in June 2009, continuing a tradition of quality automotive sales and service established by George Bohn, Sr., in the greater New Orleans area over one hundred years ago. Kerrigan Advisors represented the Bohn Brothers Automotive Group in the transaction.<\/p>\n

\n\u201cWe are thrilled to welcome the team from Audi New Orleans into the Sonic Automotive family,\u201d said David B. Smith, Chairman and Chief Executive Officer of Sonic Automotive, Inc. \u201cIt\u2019s an honor to continue the tradition of offering high-quality automotive sales and service experiences established in the greater New Orleans area by the Bohn family since 1924. Our team looks forward to providing a world-class guest experience to Audi New Orleans guests and furthering our commitment to delivering the Audi brand promise through this dealership.\u201d<\/p>\n

\n\u201cWe are grateful for the loyal customers, dedicated Audi New Orleans team members, and community partners for supporting the dealership for the last 15 years, and we look forward to seeing the dealership continue to serve Audi customers in the New Orleans community for years to come,\u201d said the Bohn family.<\/p>\n

\nThe acquisition of Audi New Orleans complements the Company\u2019s diverse portfolio of automotive brands. This marks Sonic Automotive’s 10th Audi dealership and its first franchise automotive dealership in Louisiana. The acquisition of Audi New Orleans brings the Company\u2019s franchise automotive dealership portfolio to 108 locations nationwide.<\/p>\n

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

\nSonic Automotive, Inc., a Fortune 500 company based in Charlotte, North Carolina, is on a quest to become the most valuable diversified automotive retail and service brand in America. Our Company culture thrives on creating, innovating, and providing industry-leading guest experiences, driven by strategic investments in technology, teammates, and ideas that ultimately fulfill ownership dreams, enrich lives, and deliver happiness to our guests and teammates. As one of the largest automotive and powersports retailers in America, we are committed to delivering on this goal while pursuing expansive growth and taking progressive measures to be the leader in these categories. Our new platforms, programs, and people are set to drive the next generation of automotive and powersports experiences. More information about Sonic Automotive can be found at sonicautomotive.com<\/a> and ir.sonicautomotive.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20241212037669\/en\/<\/a><\/span><\/p>\n

Sonic Automotive Investor Inquiries
\n<\/b>
Heath Byrd, Executive Vice President and Chief Financial Officer
\n
Danny Wieland, Vice President, Investor Relations
\n
ir@sonicautomotive.com<\/a><\/p>\n

Sonic Automotive Press Inquiries
\n<\/b>
Sonic Automotive Media Relations
\n
media.relations@sonicautomotive.com<\/a><\/p>\n

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

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

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
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Sonic Automotive Announces Acquisition of Audi New Orleans The acquisition marks the company\u2019s first franchise automotive location in Louisiana CHARLOTTE, N.C.–(BUSINESS WIRE)–Sonic Automotive, Inc. (\u201cSonic\u2019\u2019 or the \u201cCompany\u201d) (NYSE:SAH), a Fortune 500 Company and one of the nation\u2019s largest automotive and powersports retailers, today announced the recent acquisition of Audi New Orleans, located in Metairie, Louisiana, serving the greater New Orleans area. The Company purchased Audi New Orleans from the Bohn Brothers Automotive Group, which has a deep history of automotive dealership operations in Louisiana. Audi New Orleans opened its doors in June 2009, continuing a tradition of quality automotive sales and service established by George Bohn, Sr., in the greater New Orleans area over one hundred years ago. Kerrigan … <\/p>\n

Continue reading “Sonic Automotive Announces Acquisition of Audi New Orleans”<\/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-794421","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSonic Automotive Announces Acquisition of Audi New Orleans - 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-announces-acquisition-of-audi-new-orleans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sonic Automotive Announces Acquisition of Audi New Orleans - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Sonic Automotive Announces Acquisition of Audi New Orleans The acquisition marks the company\u2019s first franchise automotive location in Louisiana CHARLOTTE, N.C.–(BUSINESS WIRE)–Sonic Automotive, Inc. (\u201cSonic\u2019\u2019 or the \u201cCompany\u201d) (NYSE:SAH), a Fortune 500 Company and one of the nation\u2019s largest automotive and powersports retailers, today announced the recent acquisition of Audi New Orleans, located in Metairie, Louisiana, serving the greater New Orleans area. The Company purchased Audi New Orleans from the Bohn Brothers Automotive Group, which has a deep history of automotive dealership operations in Louisiana. Audi New Orleans opened its doors in June 2009, continuing a tradition of quality automotive sales and service established by George Bohn, Sr., in the greater New Orleans area over one hundred years ago. 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