Lithia, Asbury Automotive Lead Surge In Auto Sellers

By | July 25, 2014

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Auto retailers are thriving as low interest rates and an aged vehicle fleet spur demand for new and used cars. The Retail/Wholesale-Auto group has jumped to No. 6 out of 197, up from No. 57 just six weeks ago, according to Friday’s IBD. The 13-stock group is up 13% this year, nearly double the S&P 500. Lithia Motors (LAD) and Penske Auto Group (PAG) lead the group with best-possible 99 Composite Ratings. They’re followed closely by Asbury Scalper1 News

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