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President Trump’s auto tariffs may have sparked fears of price hikes among consumers, but some car-buying businesses could ...
Billionaire Bill Ackman is one of the most closely followed investors. The head of Pershing Square Capital Management is ...
Billionaire Bill Ackman's firm, Pershing Square, bought a 19.8% stake in Hertz, boosting its stock by 44.3% and showing ...
Hertz Global CEO Gil West is "encouraged" and "energized" by prominent investor Bill Ackman taking a "significant" position ...
Car rental juggernaut Hertz shocked many when it recently announced rental returns would be scanned by AI for maintenance ...
So it wasn't a surprise to see Hertz Global (NASDAQ: HTZ) stock skyrocket after Ackman's fund disclosed a stake in the car rental business. Hertz shares jumped 126% in a two-day span as of trading ...
AI scanners will replace manual inspections at Hertz’ car rental stations in US airports. The technology by UVeye uses cameras and sensors to scan the vehicle within seconds. This move aims to ...
Hertz is the second-largest car rental company in the world behind Enterprise and brought in $9.05 billion last year. However, revenue declined in 2024, falling 3.4% year over year as it faced ...
That’s what happened when I recounted my rental car woes recently — a red Tesla ... Mike Tavarozzi, of Plymouth, said, “I once had a rental from Hertz that I used to take clients on a ...