EchoPark

Autotrader EchoPark Automotive 500 Picks, Predictions

NASCAR’s playoff push is on, with just eight divers still standing for the Cup Series championship. As the circuit rolls into Texas Motor Speedway this week, our Autotrader EchoPark Automotive 500 picks give you a full breakdown of your best bets, drivers

The NASCAR playoffs are rounding the bend, with just eight drivers left in the Cup Series championship running. 

This weekend’s Autotrader EchoPark Automotive 500 will be a huge variable in determining who advances, and NASCAR bettors will want to make the most of their wagers with the season winding down.

We’re here to help steer your NASCAR betting with Covers Experts’ Auto Racing Advisor preview and picks for the 2021 Autotrader EchoPark Automotive 500, which gets underway at 3:00 p.m. ET on Sunday, October 17.                                 

Autotrader EchoPark Automotive 500 favorites

Kyle Larson (+340)

I know not much translates well over from the All-Star race, but Larson did win

Read More

EchoPark Used-Car Dealerships Gain Momentum In Q1 For Sonic Automotive

A more ambitious expansion of EchoPark dealerships — a network of used-car-only stores owned by new-car dealership chain Sonic Automotive — is off to a promising start, company executives said.

“We sold almost 20,000 cars,” in the first quarter at EchoPark dealerships, an increase of more than 40% vs. a year ago, said Sonic CEO David Smith, in a phone interview April 29, following up on Sonic’s first-quarter earnings announcement.

The increase is largely because Sonic is adding more EchoPark stores, but Smith said some new EchoPark locations are also reaching operating profits faster than expected. Newly added markets include Phoenix, Birmingham, Ala., and Charleston, S.C.

EchoPark revenues were $507.1 million for the quarter, up 53% vs. a year ago. Pre-tax earnings for EchoPark were $2 million, down 4%.

Sonic, based in Charlotte, N.C., opened its first EchoPark location in late 2014.

Read More