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Sonic Automotive Q4 net income soars despite EchoPark, powersport segment struggles

ECHOPARK-MAIN_i.jpg
JW
By:
Julie Walker
February 14, 2024 04:36 PM

Sonic Automotive Inc.'s fourth-quarter net income soared, though gross profit on each new vehicle sold dropped and its EchoPark used vehicle-only brand continued to operate at a loss.

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