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Interesting Car/Truck Manufacturer News
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<blockquote data-quote="Weather Man" data-source="post: 16486200" data-attributes="member: 137766"><p>Are these used or new car dealerships? Big?</p><p></p><p><span style="font-size: 22px"><strong>Sonic Automotive inaugurates second EchoPark store in Houston</strong></span></p><p>Sep. 8, 2020 7:07 AM ET|About: <a href="https://seekingalpha.com/symbol/SAH" target="_blank">Sonic Automotive, Inc. (SAH)</a>|By: <a href="https://seekingalpha.com/user/32439325/profile" target="_blank">Niloofer Shaikh</a>, SA News Editor </p><p></p><p></p><p>Sonic Automotive (NYSE:<a href="https://seekingalpha.com/symbol/SAH" target="_blank">SAH</a>) has opened its <a href="https://seekingalpha.com/pr/17996864-sonic-automotive-continues-echopark-expansion-grand-opening-of-second-location-in-houston" target="_blank">second EchoPark store</a> in the Houston market and 11th retail hub location nationwide, demonstrating its commitment for expansion of EchoPark to sell over half a million vehicles annually by 2025 through a 140-plus point nationwide distribution network.</p><p></p><p>The company has previously announced plans to add 25 EchoPark locations per year from 2021 to 2025.</p><p></p><p>“The opening of this new Houston location is a critical part of our overall EchoPark expansion strategy,” said David Smith, Sonic’s and EchoPark’s Chief Executive Officer. “This store will not only serve the local community, but it will also enhance our growing nationwide distribution network. This store opening reflects EchoPark’s continued rapid growth and is another step toward achieving our goal of $14B in annual EchoPark revenues by 2025.”</p></blockquote><p></p>
[QUOTE="Weather Man, post: 16486200, member: 137766"] Are these used or new car dealerships? Big? [size=6][b]Sonic Automotive inaugurates second EchoPark store in Houston[/b][/size] Sep. 8, 2020 7:07 AM ET|About: [URL='https://seekingalpha.com/symbol/SAH']Sonic Automotive, Inc. (SAH)[/URL]|By: [URL='https://seekingalpha.com/user/32439325/profile']Niloofer Shaikh[/URL], SA News Editor Sonic Automotive (NYSE:[URL='https://seekingalpha.com/symbol/SAH']SAH[/URL]) has opened its [URL='https://seekingalpha.com/pr/17996864-sonic-automotive-continues-echopark-expansion-grand-opening-of-second-location-in-houston']second EchoPark store[/URL] in the Houston market and 11th retail hub location nationwide, demonstrating its commitment for expansion of EchoPark to sell over half a million vehicles annually by 2025 through a 140-plus point nationwide distribution network. The company has previously announced plans to add 25 EchoPark locations per year from 2021 to 2025. “The opening of this new Houston location is a critical part of our overall EchoPark expansion strategy,” said David Smith, Sonic’s and EchoPark’s Chief Executive Officer. “This store will not only serve the local community, but it will also enhance our growing nationwide distribution network. This store opening reflects EchoPark’s continued rapid growth and is another step toward achieving our goal of $14B in annual EchoPark revenues by 2025.” [/QUOTE]
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