Company:  SONIC AUTOMOTIVE INC (SAH)
Form Type:  8-K
Filing Date:  7/29/2022 
CIK:  0001043509 
Address:  4401 COLWICK ROAD 
City, State, Zip:  CHARLOTTE, North Carolina 28211 
Telephone:  704-566-2400 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$57.80  
Change: 
-0.34 (-0.59%)  
Trade Time: 
Feb 07  
Market Cap: 
$1.42B
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Description of Business
Sonic Automotive, Inc. was incorporated in Delaware in 1997. References to "Sonic," the "Company," "we," "us" or "our" used throughout this Annual Report on Form 10-K refer to Sonic Automotive, Inc. and its subsidiaries. We are one of the largest automotive retailers in the United States (the "U.S.") (as measured by total revenue). As a result of the way we manage our business, we had two reportable segments as of December 31, 2021: (1) the Franchised Dealerships Segment and (2) the EchoPark Segment. For management and operational reporting purposes, we group certain businesses together that share management and inventory (principally used vehicles) into "stores." As of December 31, 2021, we operated 110 stores in the Franchised Dealerships Segment and 46 stores in the EchoPark Segment. The Franchised Dealerships Segment consists of 140 new vehicle franchises (representing 28 different brands of cars and light trucks) and 17 collision repair centers in 17 states.
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  FORM 8-K
    SECTION 5 CORPORATE GOVERNANCE
      Item 5.02. Departure of Directors or Certain Officers; ...
    SIGNATURES


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