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Digital Auction Startups Disrupt Wholesalers, Not Auctions

Digital vehicle auctions promised to disrupt the auction space. But years later, only a handful remain, and without the disruption they promised.

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Dealer group roundup: Sonic s latest purchase; Canadian retailer enters US

Sonic Automotive said Tuesday it has purchased Sun Chevrolet in Chittenango, N.Y., following its acquisition of three Used Car King pre-owned stores from same group back in December 2020.

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Aug 5 - Used Car King of NY busted in prolific paper license plate scam

Aug 5 - Used Car King of NY busted in prolific paper license plate scam
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Sonic Automotive Acquires Carbiz For Transformation Into Echopark Used Car Lot Brand

Sonic Automotive Acquires Carbiz For Transformation Into Echopark Used Car Lot Brand
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Used car king Todd Caputo sells his Syracuse area used-car dealerships

‘Used car king’ Todd Caputo sells his Syracuse area used-car dealerships Updated Feb 22, 2021; Posted Feb 22, 2021 Todd Caputo walks through the showroom of his Sun Chevrolet dealership in Chittenango in 2016. David Lassman | syracuse.com Facebook Share Syracuse, N.Y. Todd Caputo, who bills himself in his frequent TV commercials as the “used car king,” has sold his three Syracuse-area used-car dealerships to Sonic Automotive Inc., one of the nation’s largest automotive retailers. Caputo’s Cicero and Cortland dealerships are now part of the EchoPark Automotive network, a Sonic subsidiary that specializes in pre-owned vehicles that are no more than four years old. His Elbridge location, which opened early last year, was closed after its acquisition by Sonic and its employees transferred to the other two dealerships.

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