Sonic Automotive Q2 net income jumps despite CDK outage

David Smith — Sonic Automotive CEO David Smith (MELISSA BURDEN/AUTOMOTIVE NEWS)

August 05, 2024 01:26 PM

Sonic Automotive Inc.'s second-quarter net income jumped 76 percent from a year ago, despite a hit from the CDK cyberattacks and system outage in June.

Featured Stories

Dealerships prepare for pre-tariff sales onslaught

Dealerships prepare for pre-tariff sales onslaught

Automakers warn new Trump tariffs will boost costs, cut sales

Automakers warn new Trump tariffs will boost costs, cut sales

Stellantis launches mobile service as customer retention tool

Stellantis launches mobile service as customer retention tool

Dealership buy-sell database updates: Details on 11 deals across 10 states

Dealership buy-sell database updates: Details on 11 deals across 10 states

Latest News

Live updates on tariffs: Industry works to minimize disruption

Dealerships prepare for pre-tariff sales onslaught

Automakers warn new Trump tariffs will boost costs, cut sales

Top 5 Canadian auto stories this week: Trump auto tariffs; Tesla payments frozen; more

Staying current is easy with newsletters delivered straight to your inbox.

See More in Retail

Trump tariffs: Dealers confused but resilient in face of new reality

Tariff threat likely spooked consumers and drove March, Q1 U.S. sales gains

New cars under $30K could be a casualty of Trump’s tariffs

Live talk at noon March 31: Top 150 Dealership Groups and automotive retail

Staying current is easy with newsletters delivered straight to your inbox.