---

Sonic Automotive, Inc. Continues to Achieve Efficiencies of Scale

3 June 1999

Sonic Automotive, Inc. Continues to Achieve Efficiencies of Scale Through Consolidation Of Their Retail Lenders

    CHARLOTTE, N.C., June 3 -- Sonic Automotive, Inc.
is pleased to introduce AmeriCredit Corp. as a member of their Preferred
Retail Lending Group.
    AmeriCredit Corp. , headquartered in Fort Worth, Texas, is a
leading national consumer finance company specializing in purchasing,
securitizing and servicing automobile loans and originating and selling
mortgage loans.  AmeriCredit, the largest independent non-prime auto finance
company in the U.S., originated $2.3 billion in auto loans during 1998 and had
a $3.6 billion portfolio at March 31, 1999.  The Company delivers competitive
products and superior service to auto dealers through its branch network of
168 offices across the U.S. and Canada.  AmeriCredit maintains a web site at
http://www.americredit.com .
    Mr. B. Scott Smith, President and Chief Operating Officer of Sonic
Automotive, Inc., stated, "We are pleased to have AmeriCredit Corp. join our
group of Preferred Retail Lenders.  Success of Sonic's Preferred Leading Group
relies heavily on the support of our dealers and our Preferred Retail Lenders.
AmeriCredit has proven to be a leader in the non-prime automotive market, and
has a successful history, which has earned the support of Sonic's dealers.
AmeriCredit is a retail lender with the quality, infrastructure and commitment
to grow with Sonic Automotive, Inc."
    Sonic Automotive, Inc. is one of the leading automotive retailers in the
United States, with operations in Alabama, Florida, Georgia, Maryland, North
Carolina, Ohio, South Carolina, Tennessee, Texas, and Virginia.  Upon
completion of pending acquisitions, Sonic will operate 111 franchises and 28
collision repair centers.
    Included herein are forward-looking statements, including statements with
respect to anticipated revenue growth.  There are many factors, which affect
management's views about future events and trends of the Company's business.
These factors involve risk and uncertainties that could cause actual results
or trends to differ materially from management's view, including without
limitation economic conditions, risks associated with acquisitions and risk
factors set forth from time to time in the Company's recent filings with the
Securities and Exchange Commission.