Sonic Automotive (SAH) announced the recent acquisition of Audi New Orleans, located in Metairie, Louisiana, serving the greater New Orleans area. The acquisition of Audi New Orleans complements the company’s diverse portfolio of automotive brands. This marks Sonic Automotive’s 10th Audi dealership and its first franchise automotive dealership in Louisiana. The acquisition of Audi New Orleans brings the company’s franchise automotive dealership portfolio to 108 locations nationwide.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SAH:
- AbbVie upgraded, Baidu downgraded: Wall Street’s top analyst calls
- Sonic Automotive upgraded to Buy from Neutral at Seaport Research
- Sonic Automotive Reports Mixed Q3 2024 Results
- Sonic Automotive reports Q3 adjusted EPS $1.26, consensus $1.43
- Sonic Automotive raises quarterly dividend 17% to 35c per share