3 Auto Retail Stocks to Consider Despite Challenging Industry Outlook

While the Zacks Auto Retail and Wholesale industry has stayed afloat amid a stable demand for new and used vehicles, declining profit per unit and the uncertainty around the high cost of vehicle financing amid high interest rates remain key concerns for auto retailers. Lithia Motors, Inc. (LAD) , Group 1 Automotive, Inc. (GPI) and Asbury Automotive Group, Inc. (ABG) are pushing their digital and physical store footprint to reach a wider customer base and weather the headwinds clouding industry prospects.Ind ...