Sonic Automotive Incorporated is the fifth largest automotive retailer in the U.S. Luxury and import dealerships (Honda, BMW, Mercedes, and Toyota) account for 88% of its new-vehicle revenue. The company has 110 franchised stores in 17 states, plus 47 EchoPark and Northwest Motorsport branded used vehicle outlets. Sonic Automotive was incorporated in 1997 and is headquartered in Charlotte, NC.