GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sonic Automotive Inc (FRA:SA8A) » Definitions » Market Share %

Sonic Automotive (FRA:SA8A) Market Share % : 0.00% (As of . 20)


View and export this data going back to . Start your Free Trial

What is Sonic Automotive Market Share %?

Market Share % represents percent of total sales in an industry generated by a particular company over a specified time period. The higher the value, the bigger the company is within the industry.

The historical rank and industry rank for Sonic Automotive's Market Share % or its related term are showing as below:

FRA:SA8A's Market Share % is not ranked *
in the Vehicles & Parts industry.
Industry Median:
* Ranked among companies with meaningful Market Share % only.

Sonic Automotive Market Share % Historical Data

The historical data trend for Sonic Automotive's Market Share % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sonic Automotive Market Share % Chart



Sonic Automotive  (FRA:SA8A) Market Share % Explanation

Market Share % is the percent of total sales in an industry generated by a particular company over a specified time period. It is calculated by taking the company's sales over the period and dividing it by the total sales of the industry over the same period. This metric gives a general idea of the size of a company in relation to its market and its competitors. The higher the market share, the bigger the company is within the industry. The market leader in an industry tends to have the largest market share.

The decrease or increase in market share is an important indicator for investors because it can be a sign of the relative competitiveness of the company's products or services. As the total market for a product or service always tends to grow, if the company can maintain or even grow its market share, then it suggests the company’s revenue is increasing at the same rate or even a higher rate compared to the overall industry.

Increases in market share can allow a company to achieve greater competitive advantages and thus improve profitability. The market share can be increased by making innovations, improving production efficiency, strengthening customer loyalty, acquisitions and so on.


Sonic Automotive (FRA:SA8A) Business Description

Traded in Other Exchanges
Address
4401 Colwick Road, Charlotte, NC, USA, 28211
Sonic Automotive is one of the largest auto dealership groups in the United States. The company has 108 franchised stores in 18 states, primarily in metropolitan areas in California, Texas, and the Southeast, plus 18 EchoPark and 7 Northwest Motorsports used-vehicle stores, and 16 collision centers. The company derives revenue from new and used vehicles plus parts and collision repair, finance, insurance, and wholesale auctions. Luxury and import dealerships make up about 83% of franchise new-vehicle revenue, while Honda, BMW, Mercedes, and Toyota constitute about 56% of new-vehicle revenue. BMW is the largest brand at about 26%. 2022's revenue was $14 billion, with EchoPark's portion totaling $2.5 billion. Sonic bought RFJ Auto in December 2021, which added $3.2 billion in sales.

Sonic Automotive (FRA:SA8A) Headlines

No Headlines