The near-term outlook for the Zacks Automotive - Retail and Wholesale - Parts industry remains subdued. U.S. new car sales declined for the second straight quarter in the third quarter of 2024, with the full-year vehicle sales outlook being trimmed. Additionally, the industry is navigating challenges, including the shift away from DIY repairs due to the complexity of modern vehicles and the need for significant capital expenditures to keep pace with technological advancements and digitization. The only brig ...