1213 ET - Avis Budget Group could benefit from tariffs if they raise used car prices, Deutsche bank analyst Chris Woronka says. The used car market is likely to experience price hikes if tariffs go into effect, and Avis could make gains on vehicle resales. The vehicle rental service can also navigate soft patches in demand by quickly adjusting fleet levels, Woronka says. If tariffs on cars aren't enacted, Avis is still well-positioned because recession fears would likely recede and consumer confidence would stabilize, likely driving more demand on and off airports, Woronka says. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
March 13, 2025 12:13 ET (16:13 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。