About Sonic Automotive
Sonic Automotive is a company based in Charlotte (United States) founded in 1997. The company has 10,800 employees as of December 31, 2024. Sonic Automotive has completed 10 acquisitions, including Audi Owings Mills, Audineworleans and Black Hills Harley-Davidson. Sonic Automotive offers products and services including New Car Inventory, Used Car Inventory, and Financial Services. Sonic Automotive operates in a competitive market with competitors including Carvana, Porsche, Copart, Vroom and Cars.com, among others.
- Headquarter Charlotte, United States
- Employees 10800 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
Locked
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Website
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Social
Locked
- Legal Name Sonic Automotive, Inc.
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Annual Revenue
$14.22 B (USD)-1.03as on Dec 31, 2024
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Net Profit
$216 M (USD)21.21as on Dec 31, 2024
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EBITDA
$610.1 M (USD)-8.38as on Dec 31, 2024
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Latest Funding Round
Not available
- Investors
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Employee Count
10800
as on Dec 31, 2024
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Investments & Acquisitions
Audi Owings Mills
& 9 more
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IPO & Listings of Sonic Automotive
Sonic Automotive is a publicly listed company on the NYSE with ticker symbol SAH in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Sonic Automotive
Sonic Automotive offers a comprehensive portfolio of products and services, including New Car Inventory, Used Car Inventory, and Financial Services.
Platform for browsing and purchasing new vehicles online
Selection of pre-owned vehicles for sale and trade
Services for vehicle financing and appraisals
People of Sonic Automotive
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Finance and Accounting
42 people
Leadership Team
30 people
Software Development Team
26 people
Sales and Marketing
22 people
Human Resources and Administration
14 people
Senior Team
10 people
Operations Team
10 people
General Team
9 people
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Funding Insights of Sonic Automotive
Investors in Sonic Automotive
Sonic Automotive has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include High Tower.
| Investor | Description | Founded Year | Domain | Location |
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Provider of wealth management services
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Investor details for Sonic Automotive
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Participation history
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Investments & Acquisitions by Sonic Automotive
Sonic Automotive has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Audi Owings Mills, Audineworleans and Black Hills Harley-Davidson.
Investment portfolio details for Sonic Automotive
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of car dealership services
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Locked | Locked | 2016 | Locked | |
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Manufacturer of automotive spare parts and accessories
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Locked | Locked | 2014 | Locked | |
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Online marketplace of new and used vehicles
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Locked | Locked | 2014 | Locked |
Complete acquisition details for Sonic Automotive
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
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Financial Statements - Sonic Automotive
Detailed financials for Sonic Automotive
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Sonic Automotive Comparisons
Peer comparison for Sonic Automotive
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- Named peers
- Headcount comparison
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Competitors of Sonic Automotive
Sonic Automotive operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Carvana, Porsche, Copart, Vroom and Cars.com, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Pre-owned vehicles are sold online with financing and valuation services.
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Luxury sports cars are designed, manufactured, and distributed internationally.
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Used and salvaged vehicles are offered via an online marketplace.
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Used cars are purchased and resold online through Vroom's platform.
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Used cars are listed and analyzed on an online platform.
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Used vehicles are bought and sold through an AI platform.
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Detailed competitors of Sonic Automotive
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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Latest news on Sonic Automotive
Complete news archive for Sonic Automotive
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- Full article archive
- Source and publication date
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- Brand-specific news history
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Frequently Asked Questions about Sonic Automotive
Sonic Automotive was founded in 1997 and raised its 1st funding round 20 years after it was founded.
Sonic Automotive is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
As of Dec 31, 2024, the latest employee count at Sonic Automotive is 10,800.
Annual revenue of Sonic Automotive is $14.22B as on Dec 31, 2024.
Sonic Automotive was founded in 1997 and is headquartered in Charlotte, United States. The company operates in the automotive sector as an online dealer of new and used vehicles. Dealership services are provided across various locations in the U.S. In 2022, annual revenues of 14 billion were recorded, alongside a net profit of 0.08 billion. Operations focus on vehicle sales and related automotive services.
Sonic Automotive offers New Car Inventory, Used Car Inventory, and Financial Services.
Yes, Sonic Automotive is publicly traded on NYSE under the ticker symbol SAH.
Sonic Automotive has made 10 acquisitions, including Audi Owings Mills, Audineworleans, and Black Hills Harley-Davidson.
Sonic Automotive has 1 investor. Key investors include High Tower.
The ticker symbol of Sonic Automotive is SAH on NYSE.