Used-vehicle sales for Sonic Automotive Inc. so far in June have been higher than a year ago for the retailer’s franchised and EchoPark locations.
The rise in used-vehicle sales is part of a steady increase in overall operations since the onset of the coronavirus pandemic in March, the nation’s sixth-largest new-vehicle retailer said Tuesday in providing an updated outlook for the second quarter and the rest of the year. It follows a May update that included better-than-expected sales.