Avis Faces Scrutiny Over EV Fleet Write-Down Disclosure

Reuters02-25

Avis Faces Scrutiny Over EV Fleet Write-Down Disclosure

Levi & Korsinsky said it is investigating Avis Budget Group Inc. for potential federal securities law violations tied to its Q4 2025 results, including a material write-down of the company’s electric vehicle fleet. The firm highlighted that the impairment reduced the value of vehicles pledged as collateral for $965 million in asset-backed notes issued by an Avis subsidiary, while a January 5, 2026 filing describing the notes’ collateral did not reference the EV-fleet write-down recorded in the same period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avis Budget Group Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202602241639NEWSFILECNPR____20260224_285174_1) on February 24, 2026, and is solely responsible for the information contained therein.

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