Auto Retail Industry Going Great Guns: 4 Stocks to Bet on

Rimmi Singhi

Tue, Oct 26, 2021, 7:11 AM1 min read

The Zacks Auto Retail and Whole Sales industry is in the fast lane amid strong vehicle demand, courtesy of a rise in consumer spending and preference for personal mobility. The soaring popularity of electric vehicles is spiking sales volumes. Meanwhile, the shift toward digital shopping has been growing at warp speed, thereby boosting sales. As a new era of dealership consolidation is underway, many auto retail biggies are looking to acquire smaller dealer groups for scale expansion and commercial synergies. Amid the tailwinds, prospects of industry participants like Lithia Motors LAD, AutoNation AN, Group 1 Automotive GPI and Sonic Automotive SAH appear bright.

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Lithia Motors, Inc. (LAD) : Free Stock Analysis Report

AutoNation, Inc. (AN) : Free Stock Analysis Report

Group 1 Automotive, Inc. (GPI) : Free Stock Analysis Report

Sonic Automotive, Inc. (SAH) : Free Stock Analysis Report

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Auto Retail Industry Going Great Guns: 4 Stocks to Bet on

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