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What Sent These Auto Stocks Plunging Thursday?

TheMotleyFool

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What Sent These Auto Stocks Plunging Thursday?

Shares of Hertz Global Holdings (NYSE: HTZ), Avis Budget Group (NASDAQ: CAR), and Group 1 Automotive (NYSE: GPI) were all down more than 10% Thursday after weak first-quarter auto sales and commentary from a used-car retailer continued to weigh on the beaten-down sector.