Sonic, in a late Thursday news release, did not identify which EchoPark locations it has indefinitely suspended.
The retailer said the action will allow it to send additional used vehicles to key markets and address current demand.
It wasn’t immediately clear how many jobs would be cut as a result of the changes.
Sonic said it maintains its goals for EchoPark to reach breakeven earnings before interest, taxes, depreciation and amortization by the first quarter of 2024 and reach…
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