Sonic Automotive Archives

Wholesale used-vehicle prices are on the rise, increasing 6.6% in the first 15 days of June compared with May, bumping ...

Fintech CarOffer creates used-car ‘stock exchange’

byJoey Pizzolato

March 5, 2020

Auto lenders are using a new, digital, wholesale sales platform to liquidate their off-lease inventory and repossessions, Bruce Thompson, chief ...

RumbleOn Plans to Grow Revenue Beyond $100M in 2018

byMatthew Wood

March 1, 2018

RumbleOn, the online used-motorcycle retailer, estimates that it will have revenue that exceeds $100 million by yearend 2018, the company ...

RumbleOn Secures $25M in Floorplan Financing From Ally

byMatthew Wood

February 26, 2018

Online used-motorcycle retailer RumbleOn has secured a floorplan line of credit for up to $25 million from Ally Bank, the ...

Sonic Automotive to Accept Motorcycle Trade-Ins Through RumbleOn Partnership

byWilliam Hoffman

January 26, 2018

With CFPB Lurking, Sonic Delays Launch of Its Captive

byJim Henry

July 21, 2015

With the Consumer Financial Protection Bureau looming, Sonic Automotive Inc. has decided to slow down its already leisurely exploration whether ...

Sonic in Negotiations to Offer Private-Label Financing

byCody Lyon

August 27, 2014

Sonic Automotive Inc. is in discussions with a pair of lenders to offer private-label financing to car buyers, Executive Vice President ...

Second-Quarter Earnings Set Records for Sonic

byLarissa Padden

July 23, 2014

Sonic Automotive saw record pre-owned sales of 28,514 units in the second quarter of 2014, according to recent SEC filings, ...

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Tag: Sonic Automotive

Car sales increase in tandem with used-vehicle values

Fintech CarOffer creates used-car ‘stock exchange’

RumbleOn Plans to Grow Revenue Beyond $100M in 2018

RumbleOn Secures $25M in Floorplan Financing From Ally

Sonic Automotive to Accept Motorcycle Trade-Ins Through RumbleOn Partnership

With CFPB Lurking, Sonic Delays Launch of Its Captive

Sonic in Negotiations to Offer Private-Label Financing

Second-Quarter Earnings Set Records for Sonic

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