Yahoo Finance

While most major automaker stocks fell on Thursday, auto parts retailers and wholesalers were among the session's best-performing stocks as auto-import tariffs make used cars an even cheaper alternative. IBD's retail and wholesale auto parts industry group climbed more than 3%, the second-best-performing industry group Thursday afternoon. President Donald Trump late Wednesday announced 25% tariffs on auto imports, which analysts say will no doubt raise the selling price of new vehicles.