File photo of EchoPark location in Charlotte, N.C. Photo by Joe Overby.
Thursday, Jul. 30, 2020, 07:20 PM
Joe Overby, Senior Editor
CHARLOTTE, N.C. -
Sonic Automotive’s line of standalone used-car stores proved to be a major bright spot during the second quarter, as EchoPark Automotive notched a 52% year-over-year hike in segment income, the retailer said Thursday in its Q2 earnings release. Saying such a gain underscores “the leverage and profit potential of this model,” Sonic and EchoPark president […]