COLUMBUS, Ga.–(BUSINESS WIRE)–Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE: SAH), a Fortune 500 company and one of the nation’s largest automotive retailers, today announced the continued expansion of the EchoPark Automotive brand with the opening of its new delivery center in Columbus, Georgia. Georgia’s second largest city after Atlanta, Columbus is located in the western part of the state along the Alabama border.
The Columbus delivery center is EchoPark’s fourth location in Georgia, adding to its existing Augusta delivery center and two retail centers in Duluth and Marietta. The brand is on track to deliver an aggressive expansion plan to reach 90% of the US population and generate $14 billion in revenue by 2025.
The delivery centers are part of a proprietary model that tracks consumer trends from online shopping to retail store buying desires in the automotive category. This model allows EchoPark to expand quickly and immediately into new markets, providing access to thousands of the best quality cars at the best prices across the country. Each delivery center has experience guides and an Imagine bar ready to help customers “find the one”. If customers prefer, they can purchase EchoPark inventory online from anywhere and with the brand’s simple and seamless process, go from selecting a vehicle to purchasing it, and using a delivery center just for the pickup. Streamlining and simplifying the online and in-store process allowed EchoPark to make an immediate impact in new communities, but its success came from company teammates and the brand’s goal of creating owners happy. The EchoPark customer experience has generated over 50,000 5-star ratings and reviews.
“With the opening of our new delivery center in Columbus, we look forward to serving more customers in Georgia and surrounding areas with another convenient location that will provide the best car buying, selling and shopping experience. online and in-store,” David said. Smith, CEO of Sonic Automotive. “As we continue to grow the EchoPark brand, we remain committed and focused on providing the highest quality used cars with the best value proven by the most caring staff to deliver award-winning customer experiences. Our mission is literally in our name, Every VSar deserves one Hto apply Oowner. And we’re proud that our 5-star ratings and reviews reflect that.
After its launch in 2014, EchoPark quickly became one of the biggest success stories in the used car retail industry. The company continues to expand its EchoPark footprint into new markets, enabling its interim goal of retailing 575,000 vehicles while moving toward a mature two million vehicle annual sales opportunity.
Find our new location
The EchoPark Columbus Delivery Center is located at 6100 Whitesville Road, Columbus, Georgia. It is open Monday to Friday from 10:00 a.m. to 7:00 p.m. and Saturday from 10:00 a.m. to 6:00 p.m. The store can be reached at (706) 225-5500 or online at www.echopark.com/dealerships/columbus.htm.
About EchoPark Automotive
EchoPark Automotive is one of the fastest growing and most comprehensive retailers of nearly new used vehicles in America today. Our plan for rapid growth is expected to bring our unique business model to 90% of the US population by 2025, using one of the most innovative technology-enabled sales strategies in our industry. Our approach provides a personalized and proven customer-centric buying process that consistently delivers award-winning customer experiences and superior value to car buyers nationwide, with savings of up to $3,000 over competetion. We believe EchoPark is on track to become the #1 retailer in the near-new used vehicle market by 2025, and is already making its mark by winning DealerRater’s 2021 Consumer Satisfaction Award, expanding its proprietary experience centers, developing an all-new digital e-commerce platform and focusing on growing its brand nationwide. EchoPark’s mission is in its name: Every VSar deserves one Hto apply Oowner. This boosts the car buying experience for customers and differentiates EchoPark from the competition. For more information about EchoPark Automotive, visit www.echopark.com.
About Sonic Automotive
Sonic Automotive, Inc., a Fortune 500 company based in Charlotte, NC, is on a quest to become America’s most valuable automotive retailer and service brand. Our company culture thrives on creating, innovating and delivering cutting-edge customer experiences, driven by strategic investments in technology, teammates and ideas that ultimately make dreams come true. ownership, enrich lives and bring happiness to our customers and teammates. As one of America’s largest automotive retailers, we are committed to achieving this goal while pursuing expansive growth and taking incremental steps to be the leader in this category. Our new platforms, programs and people are ready to drive the next generation of automotive experiences. For more information about Sonic Automotive, visit www.sonicautomotive.com and ir.sonicautomotive.com.
This document contains forward-looking statements, including statements regarding expected future U.S. population coverage for EchoPark, forecasts of future revenues and forecasts of future unit sales volumes. Many factors affect management’s view of future events and trends in the Company’s business. These factors involve risks and uncertainties that could cause actual results or trends to differ materially from management’s views, including, without limitation, economic conditions in the markets in which we operate, the sales volume of the new and used vehicle industry, the anticipated future growth of our EchoPark segment, the success of our operating strategies, the rate and timing of overall economic expansion or contraction, the effect the COVID-19 pandemic and government-imposed restrictions on operations, and the risk factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021 and other reports and information filed with the Securities and Exchange Commission (the “SEC”). The Company undertakes no obligation to update any forward-looking information except as required under federal securities laws and the rules and regulations of the SEC.