Sonic Automotive Expands Luxury Portfolio with Acquisition of Porsche Walnut Creek

Sonic Automotive (NYSE: SAH) announced it has acquired Porsche Walnut Creek, expanding its luxury footprint in Northern California and adding a sixth Porsche dealership nationwide. The dealership, previously operated by Fletcher Jones Automotive Group, serves Walnut Creek, the East Bay, and the greater San Francisco Bay Area, and sits at 2555 N. Main Street near the 680 Freeway. Sonic said the purchase strengthens its relationship with Porsche and supports a luxury growth strategy that already includes brands such as BMW, Honda, Jaguar, Land Rover, Lexus, Mercedes-Benz, MINI and Toyota, plus EchoPark Automotive and Harley-Davidson in California. Porsche Walnut Creek offers new Porsche vehicles, Certified Pre-Owned, service, and Porsche Genuine Parts.