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Sonic Automotive’s Parts Revenue Rose 2.8% In Q2

Charlotte, NC-based Sonic Automotive saw its parts, service & collision repair (fixed operations) revenue increase 4 percent to $307.05 million and its unit gross profit rise 4.5 percent to $151.13 million in the second quarter of 2013.

Parts revenue grew 2.8 percent to $160.54 million in the period, while service revenue increased 6.4 percent to $134.84 million and collision repair revenue decreased 6.6 percent to $11.67 million on a year-over-year basis.

Overall fixed operations customer-pay revenue increased 3.2 percent, while warranty revenue rose 12.5 percent. Wholesale parts revenue was up 5.3 percent, and used vehicle reconditioning revenue decreased 0.2 percent.

Customer-pay gross was up 3 percent, while warranty was up 19 percent.

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