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2022-04-26 | NYSE:SAH | Press Release

The Model&CloseCurlyQuotes 38th Area to Date Presents Attendees in the Surrounding Spot a Modern day eCommerce Automotive Shopping for Working experience

Sonic Automotive, Inc. (“Sonic&CloseCurlyDoubleQuote or the “Company&CloseCurlyDoubleQuote) (NYSE:SAH), a Fortune 500 Company and one particular of the country&CloseCurlyQuotes biggest automotive shops, today announced the continued growth of the EchoPark Automotive brand name with the opening of its most recent shipping heart in Columbus, Georgia. The second-largest town in Ga just after Atlanta, Columbus is positioned in the western element of the point out together the Alabama border.

The Columbus Shipping and delivery Heart is EchoPark&CloseCurlyQuotes fourth area in Georgia, incorporating to its current Augusta shipping middle and two retail hubs in Duluth and Marietta. The brand is very well on its way to obtaining an aggressive enlargement strategy to achieve 90 per cent of the U.S. inhabitants and produce $14 billion in revenues by 2025.

Shipping and delivery Facilities are section of an special product next client tendencies of on-line shopping to retail keep buying dreams inside of the auto classification. This model permits EchoPark to grow into new marketplaces rapidly and quickly, giving obtain to hundreds of the most effective top quality autos at the finest selling price from throughout the state. Each Supply Heart has Experience Guides and an Picture Bar prepared to support company “find the a person.&CloseCurlyDoubleQuote If visitors favor, they can store EchoPark stock on line from anywhere and with the model&CloseCurlyQuotes simple and clear system, go from picking a auto to paying for it and working with a Delivery Center only for pickup. Streamlining and simplifying the course of action on line and in-retail outlet has permitted EchoPark to quickly make an impact in new communities, but its achievements has appear from the Organization&CloseCurlyQuotes teammates and the manufacturer emphasis of developing satisfied owners. The EchoPark guest knowledge has produced in excess of 50,000 5-Star rankings and testimonials.

“With the opening of our new delivery middle in Columbus, we seem forward to serving additional guests in Georgia and bordering regions with nevertheless one more hassle-free spot that will present the best car shopping, providing and purchasing practical experience on the net and in-shop,&CloseCurlyDoubleQuote reported David Smith, CEO of Sonic Automotive. “As we go on to broaden the EchoPark model, we stay dedicated and concentrated on delivering the most effective excellent pre-owned automobiles with the finest demonstrated benefit from the most caring staff to supply award-successful guest ordeals. Our mission is pretty much in our name, Eincredibly Car deserves a Happy Owner. And we&CloseCurlyQuotere very pleased that our 5-Star scores and critiques talk to that.&CloseCurlyDoubleQuote

Following its 2014 start, EchoPark has fast turn out to be one particular of the pre-owned automotive retail sector&CloseCurlyQuotes most prominent good results tales. The Firm carries on to develop its EchoPark footprint into new marketplaces, enabling its interim intention of retailing 575,000 cars when driving toward a two million car or truck yearly profits chance at maturity.

Come across Our Most recent Spot

The EchoPark Columbus Shipping and delivery Center is positioned at 6100 Whitesville Road, Columbus, Georgia. It is open Monday to Friday from 10:00 am to 7:00 pm, and Saturday from 10:00 am to 6:00 pm. The keep can be reached at (706) 225-5500 or on the internet at www.echopark.com/dealerships/columbus.htm.

About EchoPark Automotive

EchoPark Automotive is just one of the quickest escalating and most comprehensive vendors of just about new pre-owned motor vehicles in The united states today. Our fast progress strategy is anticipated to deliver our distinctive enterprise model to 90% of the U.S. inhabitants by 2025, making use of one of the most revolutionary technology-enabled revenue tactics in our industry. Our approach provides a individualized and verified visitor-centric purchasing method that continuously delivers award profitable visitor encounters and excellent worth to auto potential buyers nationwide, with financial savings of up to $3,000 versus the opposition. We consider EchoPark is on speed to turn into the #1 retailer in the just about new pre-owned automobile market by 2025, and is already earning its mark by earning the 2021 Buyer Gratification Award from DealerRater, increasing its Operator Knowledge Facilities, developing an all-new digital ecommerce system and concentrating on growing its brand nationwide. EchoPark&CloseCurlyQuotes mission is in its name: Eextremely Car justifies a Happy Owner. This drives the automobile acquiring working experience for guests and differentiates EchoPark from the opposition. Additional information about EchoPark Automotive can be located at www.echopark.com.

About Sonic Automotive

Sonic Automotive, Inc., a Fortune 500 company centered in Charlotte, North Carolina, is on a quest to come to be the most important automotive retailer and provider brand in America. Our Enterprise tradition thrives on developing, innovating, and offering sector-top visitor experiences, pushed by strategic investments in know-how, teammates, and concepts that in the end satisfy possession goals, enrich life, and supply happiness to our friends and teammates. As just one of the largest automotive vendors in The us, we are fully commited to providing on this objective although pursuing expansive advancement and having progressive steps to be the leader in this classification. Our new platforms, packages, and individuals are established to travel the subsequent technology of automotive ordeals. Far more facts about Sonic Automotive can be located at www.sonicautomotive.com and ir.sonicautomotive.com.

Ahead-On the lookout Statements

Integrated herein are forward-seeking statements, like statements pertaining to expected long term U.S. populace coverage for EchoPark, expected foreseeable future earnings projections, and expected foreseeable future retail unit profits quantity projections. There are a lot of elements that have an effect on management&CloseCurlyQuotes views about long term gatherings and tendencies of the Organization&CloseCurlyQuotes company. These components contain pitfalls and uncertainties that could bring about true effects or tendencies to differ materially from management&CloseCurlyQuotes sights, such as, without the need of limitation, financial disorders in the markets in which we run, new and made use of auto industry product sales volume, anticipated upcoming advancement in our EchoPark Segment, the results of our operational tactics, the charge and timing of general economic enlargement or contraction, the result of the COVID-19 pandemic and linked governing administration-imposed limits on operations, and the threat components explained in the Enterprise&CloseCurlyQuotes Yearly Report on Kind 10-K for the calendar year ended December 31, 2021 and other studies and data filed with the Securities and Exchange Fee (the “SEC&CloseCurlyDoubleQuote). The Organization does not undertake any obligation to update forward-on the lookout details, other than as required less than federal securities regulations and the principles and laws of the SEC.