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Trump's auto tariffs boost car rental demand; Hertz and Avis shares surge

Business Standard LogoBusiness Standard3d ago

Trump's auto tariffs boost car rental demand; Hertz and Avis shares surge - Business Standard

Quick Summary:

The new levies could add thousands of dollars to the cost of an average vehicle in the United States.

Shares of highly shorted Hertz and Avis Budget Group surged on Thursday as U.S.

Shares of auto parts retailers O'Reilly Automotive Inc and AutoZone gained about 2.5 per cent each, and Advance Auto Parts rose 5.4 per cent.

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Trump's auto tariffs boost car rental demand; Hertz and Avis shares surge - Business Standard (Picture 1)

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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-27 @ 21:49:41 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 406 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27371807

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 176 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

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The story "Trump's auto tariffs boost car rental demand; Hertz and Avis shares surge" has 406 words across 15 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Trump's auto tariffs boost car rental demand; Hertz and Avis shares surge" was covered 3 days ago by Business Standard, a news publisher based in India.

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Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.

The outlet is headquartered in India and publishes an average of 176 news stories per day.

It's most recent story was published 4 hours ago.

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  • News ID: #27371807
  • URL: https://beamstart.com/news/trumps-auto-tariffs-boost-car-17430928446397

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