Sonic’s third-quarter net income fell amid softer average gross profits on new- and used-vehicle sales and as losses continued for its EchoPark used-vehicle-only brand, though the auto retailer posted record third-quarter revenue.
Sonic’s third-quarter net income fell amid softer average gross profits on new- and used-vehicle sales and as losses continued for its EchoPark used-vehicle-only brand, though the auto retailer posted record third-quarter revenue.