EchoPark used-car stores well-prepared for ‘headwind’ of tariffs

News watchers who have seen continuous coverage of government-imposed tariffs didn’t get much of a break during Sonic Automotive’s first quarter 2025 earnings call last week.

Sonic’s chairman and CEO David Smith said in his opening comments of the earnings call that the company is still dealing with the “uncertainty” of the tariff situation.

Tariffs, along with the strong performance of Sonic’s used-vehicle business, EchoPark, received a great deal of discussion time during the earnings call, and the topics of tariffs and EchoPark ...