Sonic Automotive just had its third-quarter earnings call and things are looking pretty good. Sales are up, but profits are down. The company expects some ups and downs in used vehicle pricing in the coming months, and they’re planning to expand their storefronts. The United Auto Workers strike didn’t have a big impact on Sonic Automotive, and they’re optimistic about the future of electric vehicles. Jeff Dyke, the president of Sonic Automotive, is confident that their EchoPark model is working well, despite some challenges. Overall, it seems like Sonic Automotive is gearing up for a strong fourth quarter.
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