Sonic Automotive loses $25 million in third quarter (The Charlotte Observer)-Automotive Franchises-Franchise Forums

Sonic Automotive loses $25 million in third quarter (The Charlotte Observer). Franchise-Guide is the place to discuss 'Sonic Automotive loses $25 million in third quarter (The Charlotte Observer)'. All your franchising questions and answers.

LinkBack

Thread Tools

Display Modes

#1 (permalink)

10-29-2008, 12:10 PM

admin

Administrator

Franchise Opportunities

Join Date: Nov 2006

Posts: 7,850

Sonic Automotive loses $25 million in third quarter (The Charlotte Observer)

Automotive Franchise News - Sonic Automotive loses $25 million in third quarter (The Charlotte Observer)

(By Jefferson George, jgeorge@charlotteobserver.com) With the plodding economy and tighter credit slowing car sales to a crawl nationwide, Charlotte-based Sonic Automotive on Tuesday reported a third-quarter loss of more than $25.3 million, a roughly $50 million swing from a profit of more than $26 million a year earlier. Revenue at Sonic, a Fortune 500 company and one of the nation's largest ...

To read the full article click here...

« Home Based Franchises Help Supplement Incomes in the Midst of Struggling Economy (Mar | Towne Automotive plans Northtowns growth (BizJournals) »

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On

Similar Threads
Thread	Thread Starter	Franchise Forum	Replies	Last Post
Sonic Automotive, Inc. Announces Third Quarter Results (PR Newswire via Yahoo! Financ	admin	Automotive Franchises	0	10-28-2008 11:42 AM
Slumping auto sales hit Smith's Sonic chain (The Charlotte Observer)	admin	Automotive Franchises	0	07-30-2008 06:40 AM
'Batman' star backs 'Terminator' franchise (The Charlotte Observer)	admin	Latest Breaking Franchising News	0	12-03-2007 09:51 PM
Zombie takes on 'Halloween' franchise (The Charlotte Observer)	admin	Latest Breaking Franchising News	0	07-30-2007 09:34 AM
Zombie takes on 'Halloween' franchise (The Charlotte Observer)	admin	Latest Breaking Franchising News	0	07-28-2007 01:59 AM

All times are GMT -4. The time now is 10:21 AM.