LOTZ - Auto dealer stocks fall as part of broad auto sector decline

Auto dealerships stocks are having a hard time getting out of the way of the selling pressure in the broad auto sector. Notable decliners include CarLotz ([[LOTZ]] -12.1%), Cars.com ([[CARS]] -4.0%), Vroom ([[VRM]] -4.3%), Driven Brands ([[DRVN]] -5.5%), AutoNation ([[AN]] -2.3%), LMP Automotive Holdings ([[LMPX]] -9.7%) and CarGurus ([[CARG]] -3.7%). Selling in highly-watched names like Tesla, Nio, Churchill Capital Corp IV and Workhorse Group started yesterday.

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Auto dealer stocks fall as part of broad auto sector decline