Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now Mexico • MXN Avis Budget Group, Inc. (CAR.MX) Follow Compare 1,550.00 0.00 (0.00%) At close: April 2 at 7:39:04 AM CST All News Press Releases SEC Filings Chase the Rebound in Avis (CAR) Stock Amid Trump's Auto Tariff Boost? Avis (CAR) shares have risen more than +20% over the last week as President Trump's 25% tariffs on all imported vehicles are likely to boost the fleet value for the leading rental car operator. Is Avis Budget Group, Inc. (CAR) the Top Stock to Buy According to SRS Investment Management? We recently published a list of Top 10 Stocks to Buy According to SRS Investment Management. In this article, we are going to take a look at where Avis Budget Group, Inc. (NASDAQ:CAR) stands against other top stocks to buy according to SRS Investment Management. SRS Investment Management is a New York-based investment firm founded in […] These 2 Car Rental Stocks Could Be Winners Amid Trump’s Auto Tariffs The Trump tariffs could give a big boost to used car prices, creating a tailwind for rental car companies Why Avis Budget Group Inc. (CAR) Surged On Thursday? We recently published a list of 10 Stocks Jump, Defy Market Uncertainties on Thursday. In this article, we are going to take a look at where Avis Budget Group Inc. (NASDAQ:CAR) stands against other stocks that jumped, defying market uncertainties on Thursday. The stock market extended losses on Thursday, with all the major indices ending […] Rental Car Stocks Soar as Tariffs Seen Bolstering Fleet Value (Bloomberg) -- 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?Gold-Rush Fever Returns to Historic New Zealand Mining TownHow SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Catastrophic Shi Avis Budget Group (CAR) Stock Trades Up, Here Is Why Shares of car rental services provider Avis (NASDAQ:CAR) jumped 21.1% in the afternoon session after shares of car rental companies rose as the 25% tariffs announced by President Trump on all vehicles imported into the US suggested new vehicles might be more expensive. Why Car Rental Stocks Are Surging Today Geopolitical news is providing a lift to the auto rental sector. Shares of Avis Budget Group (NASDAQ: CAR) and Hertz Global Holdings (NASDAQ: HTZ) each traded up about 20% as of noon ET as investors bet new tariffs on imported vehicles will have a positive impact on their businesses. A move by the White House to place 25% tariffs on imported vehicles is likely to create a range of winners and losers among automakers and related businesses. Auto Tariffs Could Reignite Used-Car Prices, Auto-Repair Business It is hard to pin down how much President Trump’s 25% tariff on automotive imports will push up prices of new models, because of unknowns regarding implementation, retaliation by trade partners and how much the different manufacturers will be able to shift sourcing and production. Avis Budget & Hertz, Northrop Grumman, Petco Health: Market Minute Here are some of the stocks on the move midday on Thursday, March 27. Avis Budget Group (CAR) and Hertz (HTZ) Global are seeing their shares jump on President Trump's auto tariffs. Northrop Grumman (NOC) was upgraded to Outperform at RBC Capital. Petco Health and Wellness (WOOF) shares are soaring after issuing better-than-expected guidance. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. Hertz, Avis stocks surge as Trump auto tariffs could make used rental car fleets look shinier The rental car giants are having a rough year in terms of share price, but they unexpectedly hit the gas following the new levy on vehicle imports. Car rental firms Hertz, Avis zoom as tariffs seen hurting new-vehicle demand Shares of highly shorted Hertz and Avis Budget Group surged on Thursday as U.S. President Donald Trump's plan to slap a 25% tariff on imported vehicles raised prospects of consumers opting for car rentals instead of buying expensive new cars. The American Automotive Policy Council said it is "critical" that the tariffs are implemented in a way that avoids price hikes for consumers. Avis Budget Group's (NASDAQ:CAR) investors will be pleased with their fantastic 350% return over the last five years Avis Budget Group, Inc. ( NASDAQ:CAR ) shareholders might be rather concerned because the share price has dropped 32... Why Avis Budget Group Stock Was Stalling This Week The auto industry is currently in a state of nervous anticipation, and that's not good for associated companies. One striking case in point is auto rental mainstay Avis Budget Group (NASDAQ: CAR), whose share price according to data compiled by S&P Global Market Intelligence was down by more than 25% week to date as of early Friday morning. Avis didn't have any negative news of its own to report. Why Is Avis Budget (CAR) Down 25.1% Since Last Earnings Report? Avis Budget (CAR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues. Winners And Losers Of Q3: Heartland Express (NASDAQ:HTLD) Vs The Rest Of The Ground Transportation Stocks Wrapping up Q3 earnings, we look at the numbers and key takeaways for the ground transportation stocks, including Heartland Express (NASDAQ:HTLD) and its peers. Avis Budget Group Full Year 2024 Earnings: EPS Misses Expectations Avis Budget Group ( NASDAQ:CAR ) Full Year 2024 Results Key Financial Results Revenue: US$11.8b (down 1.8% from FY... Avis Budget CEO Joe Ferraro to Step Down, Brian Choi Named Successor Avis Budget’s Chief Executive Officer Joe Ferraro is stepping down and will be succeeded by Brian Choi, its chief transformation officer. Avis Budget Group Reports Fourth Quarter and Full Year Results PARSIPPANY, N.J., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for the fourth quarter and full year ended December 31, 2024 today. We ended 2024 with fourth quarter revenues of $2.7 billion, driven by strong leisure holiday travel. Net loss was nearly $2 billion, and Adjusted EBITDA1 was a loss of $101 million. Full year revenues were $11.8 billion, driven by sustained year-over-year demand. Net loss was $1.8 billion, and Adjusted EBITDA was Avis Budget Group to Announce Fourth Quarter 2024 Results on February 11th Conference Call to Discuss Results Scheduled for February 12th, 2025PARSIPPANY, N.J., Feb. 07, 2025 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its fourth quarter 2024 results after the market close on Tuesday, February 11th, 2025, and to host a conference call for institutional investors to discuss these results on Wednesday, February 12th, 2025 at 8:30 a.m. Eastern time. Investors may access the call at ir.avisbudgetgroup.com, or by dialing Why You Should Hold Avis Budget Stock in Your Portfolio Now CAR benefits from strong demand, fleet management and technology investments, which boost profitability. However, lack of dividends and low liquidity pose risks. Performance Overview Trailing total returns as of 4/4/2025, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) Return CAR.MX S&P 500 (^GSPC) YTD -7.79% -13.73% 1-Year -17.98% -1.42% 3-Year -57.69% +10.72%