Wednesday Sector Laggards: Auto Dealerships, Vehicle Manufacturers

Palm Beach, FL 6/27/12 (StreetBeat) -- In trading on Wednesday, auto dealerships shares were relative laggards, down on the day by about 2.4%. Helping drag down the group were shares of O’reilly Automotive (Nasdaq:ORLY), off about 18.4% and shares of Advance Auto Parts (NYSE:AAP) down about 4.1% on the day.

Also lagging the market Wednesday are vehicle manufacturers shares, down on the day by about 1.3% as a group, led down by Kandi Technolgies (Nasdaq:KNDI), trading lower by about 6.2% and Tata Motors Limited (NYSE:TTM), trading lower by about 2.6%.

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