The rental-car company posted a loss of nearly $2.9 billion in 2024. Hertz chalked up the disappointing results to vehicle ...

Shares in rental car company Hertz Global Holdings surged a second day after Bill Ackman's Pershing Square took a sizable ...

Hertz CEO Gil West said he is “encouraged” and “energized” by prominent investor Bill Ackman taking a “significant” position ...

President Trump’s auto tariffs may have sparked fears of price hikes among consumers, but some car-buying businesses could actually benefit, according to investor Bill Ackman. The Pershing Square ...

Inflated car prices would also make it easier for Avis and Hertz to sell off their used cars. Also read: GM's cost for cars made in Mexico or Canada to rise by $4,300 per vehicle and dent profit ...

The rental car giants ... in terms of share price, but they unexpectedly hit the gas following the new levy on vehicle imports. On Thursday, stocks of car rental companies Hertz and Avis saw ...

(Reuters) - Shares of highly shorted Hertz and Avis ... a way that avoids price hikes for consumers. "These rental companies actually benefit from the tariffs because if car prices are going ...

Supply chain challenges and high used-car prices forced a re-evaluation of Hertz’s fleet strategy. The experience sharpened the company’s focus on efficient buying, holding and selling of ...