Sonic Automotive Becomes Largest u.s. Jaguar Land Rover Dealership

Auto Group Buys Jaguar Land Rover Newport Beach - Orange County Business Journal

Sonic Automotive Inc., a national auto retailer based in Charlotte, is the new owner of Jaguar Land Rover Newport Beach. The Fortune 500 company bought the Jaguar and Land Rover dealership in Coastal Orange County as part of a four-location deal. Sonic Automotive also bought Jaguar Land Rover dealerships in Los Angeles, Pasadena and San Jose. Buying the four Jaguar Land Rover dealership would make Sonic Automotive the largest retail ownership gr…

Sonic adds 4 Calif. stores to claim title of largest U.S. Jaguar Land Rover dealer

And just like that, Sonic Automotive has become the nation’s largest Jaguar Land Rover dealer. The Charlotte, N.C.-based dealership group staked that claim by acquiring four California JLR dealerships — Jaguar Land Rover Los Angeles, Jaguar Land Rover Newport Beach, Jaguar Land Rover San Jose and Land Rover Pasadena — from US Auto Trust, a deal expected to add some $500 million in annual revenue. The additions raise Sonic’s holdings to 125 franc…