Hertz and Avis stocks are having a rough year, but they unexpectedly hit the gas following the new levy on vehicle imports.
Geopolitical news is providing a lift to the auto rental sector. Shares of Avis Budget Group (NASDAQ: CAR) and Hertz Global ...
Hertz Global Holding and Avis Budget Group shares surged after President Trump announced tariffs that would bring fresh complications to auto manufacturers. Shares of Hertz surged 19% to $4.09. Shares ...
European market monitor for cars and vans offers data on new registrations and estimates of manufacturers’ compliance with ...
What Happened? Shares of car rental services provider Avis (NASDAQ:CAR) jumped 21.1% in the afternoon session after shares of ...
Consumer companies gained amid hopes for tariff compromises. Shares of consumer companies initially slid because of fears that tariffs on autos could drive car prices higher, weighing on discretionary ...
The tariff on imported vehicles is expected to increase new car prices, which in turn makes the used vehicles sold by Hertz and Avis Budget more attractive to consumers. Bloomberg Intelligence analyst ...
Shares of most automobile and auto-parts companies were getting knocked down on Thursday by President Donald Trump's new tariffs, but investors in the stocks of two specific car-related companies are ...
Stocks were under pressure Thursday after President Trump pushed ahead with additional tariffs that threaten to derail economic growth and boost inflation.  Late Wednesday, President Trump signed a ...
Carney says tariffs force new era for Canada-US ties “The old relationship we had with the United States … is over,” the ...
In this article, we explore how recent legislative changes have affected manufacturers and distributors of e-bikes and ...
Shares of highly shorted Hertz and Avis Budget Group surged on Thursday as U.S. President Donald Trump's plan to slap a 25% ...