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Sonic Automotive is a Fortune 500 company based in Charlotte, North Carolina, and is the fifth largest automotive retailer in the United States as measured by total revenues. [3] The company was founded by O Bruton Smith and completed its initial public offering on the NYSE in 1997.
Subaru of America, Inc. (commonly abbrevriated as SOA), based in Camden, New Jersey, is the United States–based distributor of Subaru's brand vehicles. SOA is a subsidiary of Subaru Corporation of Japan. The company markets and distributes Subaru vehicles, parts and accessories through a network of more than 600 dealers throughout the United ...
In 2009, during the great recession, AutoNation announced a newly formed AutoNation Payment Protection program, promising that the dealership will buy back any car at market value, should the owner lose their job. [18] By 2011, AutoNation was the first auto retailer in the U.S. to sell a total of 8 million vehicles. [19]
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Subaru's first all-electric car, named Solterra, is the first vehicle to be based on the e-Subaru Global Platform (e-SGP) co-developed by Toyota and Subaru. The Solterra debuted at the Los Angeles Auto Show on 17 November 2021, and worldwide sales of the Solterra commenced in mid-2022.