Sonic Automotive, Inc. (Sonic) operates as an automotive retailer in the United States. As of December 31, 2010, the Company operated 135 dealership franchises at 118 dealership locations, representing 29 brands of cars and light trucks, and 25 collision repair centers in 15 states. Sonic’s dealerships provide services, including sales of both new and used cars and light trucks; sales of replacement parts and performance of vehicle maintenance, warranty, paint and repair services (collectively, Fixed Operations), and arrangement of extended service contracts, financing and insurance and other aftermarket products (collectively, F&I) for its automotive customers. During the year ended December 31, 2010, the Company disposed of 13 franchises. As of December 31, 2010, Sonic sold a total of 29 foreign and domestic brands of new vehicles.