Sonic Automotive Inc Class A
SAH: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $44.00 | Lrbmcs | Xgpmftsy |
Sonic Will Keep Growing Via Acquisitions and EchoPark Expansion
/s3.amazonaws.com/arc-authors/morningstar/222a1c0d-911c-4064-ac93-f9d4516d0a06.jpg)
Business Strategy and Outlook
Sonic Automotive is undergoing many changes. Rollout of its omnichannel Digital One Stop process and the CarCash app allows consumers to shop digitally or in-store and helps Sonic procure more used-vehicle inventory. Management has also worked to make the car-buying process nearly paperless, place the customer with only one person for the entire transaction, and enable the customer to take delivery of a vehicle in an hour or less after deciding which one to buy.