What Happened? Shares of auto parts and accessories retailer Advance Auto Parts (NYSE:AAP) jumped 8.6% in the afternoon session after shares of auto parts companies rose as the 25% tariffs announced by President Trump on all vehicles imported into the US suggested new vehicles might be more expensive.

AutoZone (AZO) stock looks ready to accelerate, even as higher interest rates and sticker shock slow the new-car market. With most consumers

The measure, which is intended to bring car factories to the United States, could significantly raise prices for consumers.

Hertz and Avis stocks are having a rough year, but they unexpectedly hit the gas following the new levy on vehicle imports.