Quote:
Originally Posted by cbubba7
How can one company (Lithia) preach doom and gloom and their competition (Sonic) be up so much? Makes you wonder, especially in regards to employee satisfaction. Maybe other companies will stand up and take notice of success.
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It's funny, it was about 10:00 last night and I hadn't listened to the Sonic Conference Call yet. I was thinking,
"I'm tired and I'm really not in the mood to be depressed listening to a bunch of executives tell me how bad the car market is...."
I listened to the call anyway and I couldn't believe how positive the message was. Not only did Sonic post positive results in a tough market, they really seemed confident that they could adapt to the market and prosper.
I'll concede SHACOS point that many of their dealerships are High End, but many of those stores are also in California and Florida -
markets that AutoNation told us were in a recession.