SOURCE: StockCall


May 16, 2011 09:16 ET

Equity Research on Sonic Automotive Inc. and CarMax Inc. - Auto Dealerships Seeing Improved Sales Volumes

JOHANNESBURG, SOUTH AFRICA--(Marketwire - May 16, 2011) - offers investors comprehensive research on the Auto Dealerships industry and has completed analytical research on Sonic Automotive Inc. (NYSE: SAH) and CarMax Inc. (NYSE: KMX). Register with us today at to have free access to these researches.

US car sales jumped again in April to the benefit of the auto dealerships industry. Several factors led to the improvement in sales, but a greater consumer preference for fuel-efficient vehicles appears to be the driving force. As gas prices near $4 a gallon, many consumers have opted to trade in for more fuel-efficient vehicles. Register now at to have free access to our reports on the Auto Dealerships industry. is an online platform where investors doing their due-diligence on the Auto Dealerships industry can have easy and free access to our analyst research and opinions on Sonic Automotive Inc. and CarMax Inc.; investors and shareholders of these companies can simply register for a complimentary membership at

Interestingly, the rise in vehicle sales also coincides with reduced sales and discounts. Discounts from US car companies fell about 10% from March to April and are down nearly 20% on a year over year basis. High sales volumes with reduced discounts suggest a healthier economy and strong consumer demand. Visit to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

Industry leaders, CarMax Inc. and Sonic Automotive Inc., both posted much improved revenues as a result of higher sales volumes in their most recent quarterly reports. Sonic Automotive Inc. and CarMax Inc. research reports are accessible for free by registering today at or

Moving forward, with very little indicating a sudden drop in gas prices, it is unlikely that a consumer preference for fuel-efficiency will wane anytime soon. Cost-minded consumers may hold out for fall discounts, but sales volumes could remain strong heading into the summer.

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