Rental Car Stocks Soar as Tariffs Seen Bolstering Fleet Value
US rental car company stocks soared on Thursday as sweeping new auto tariffs are expected to lead to greater demand for used cars, in turn raising the value of these companies’ fleet of vehicles.Most Read from BloombergWhy Did the Government Declare War on My Adorable Tiny Truck?
Shares of global car rental company Hertz (NASDAQ:HTZ) jumped 24.2% in the morning session after shares of car rental ...
It operates as a vehicle rental business globally through its Hertz, Dollar, and Thrifty car rental brands. The company operates through the following segments: U.S. Rental Car, ...
Shares of Hertz and Avis Budget Group surged on Thursday. As vehicle prices rise, rental car companies could see higher ...
Hertz started selling the vehicles it purchased last year, and this 808-mile Chevrolet Silverado EV selling for almost half ...
Hertz CIO Tim Langley-Hawthorne helped the company move past the remarkable trials of the pandemic to become a product led ...
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