2 Resilient Auto Retailers Rewarding Investors Amid Industry Hurdles
Lithia Motors(LAD) ZACKS·2024-11-13 22:20
The outlook for the Zacks Auto Retail and Wholesale industry is muted now amid concerns over slowing vehicle sales growth. While consumer incentives offer some relief, they also squeeze retailers' profit margins. Adding to the pressure, uncertainty surrounding EV policies under Donald Trump's presidency may further dampen sales. Despite these complex challenges, auto retailers like Lithia Motors (LAD) and Rush Enterprises (RUSHA) appear well-prepared, leveraging strategic expansions and shareholder-focused ...