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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Tariffs Loom, But US Auto Dealers Hold Firm: Watch Lithia & Driveway And AutoNation

AutoNation NYSE United States JPMorgan
Car Production Line

With tariff headwinds building and EV credits rolling off, U.S. Franchise Auto Dealerships maintain solid momentum on disciplined OEM pricing and balanced inventories; investors often gravitate to Lithia & Driveway (NYSE:LAD) and AutoNation (NYSE:AN).

Rajat Gupta of JPMorgan issued a fresh research note on U.S. franchise auto dealers, arguing the group’s fundamentals remain resilient in the near term, with demand across the board ‘better than feared’.

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