Sonic lands first CJDR franchise; Group 1 buys Honda store in Calif.

Sonic Automotive has added its first Chrysler Dodge Jeep RAM franchise.

The retailer said Tuesday it has purchased Bobby Ford Chrysler Dodge Jeep RAM in Sealy, Texas.

The dealership, which has been renamed Momentum Chrysler Dodge Jeep RAM of Sealy, is Sonic’s 88th franchised dealer location.

“We continue to enhance our automotive sales and service network in the state of Texas, with the addition of the Chrysler Dodge Jeep RAM brands to our franchised dealership network,” Sonic Automotive and EchoPark chief executive officer David Smith said in a release. “This represents our third completed acquisition this year, which, combined with pending acquisitions, puts us on pace to exceed our previously announced goal of reaching $25 billion in revenues by 2025.”

Added Sonic and EchoPark president Jeff Dyke: “We’re excited to add our first Chrysler Dodge Jeep RAM dealership to our growing network. The strength of the Bobby Ford team and the CDJR brands will jumpstart our brand expansion efforts, setting the stage for additional CDJR locations we plan to begin operating in the Northwest later this year as part of the recently announced RFJ Auto Partners acquisition.

“Our team is ready to deliver an exceptional guest experience and competitive pricing to CDJR consumers in the great state of Texas and beyond,” Dyke said.

Sonic wasn’t the only public retailer making moves this week.

Group 1 Automotive announced the purchase of Capital City Honda in Sacramento, Calif., on Monday.

The store is expected to bring in annualized revenues of roughly $85 million.

“We’re extremely pleased to welcome the team at Capital City Honda to the Group 1 family.  We’re looking forward to expanding our relationship with Honda and the local community in Sacramento,” said Daryl Kenningham, Group  1’s president of U.S. and Brazilian operations, in a release.