Hertz Shares Surge On Rising Used Car Prices

Benzinga_recent_news04-07

Hertz Global Holdings, Inc. (NASDAQ:HTZ) shares are trading higher Tuesday after used car prices rose to the highest point since summer 2023. Cox Automotive's Manheim Used Vehicle Value Index ...

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(NASDAQ:HTZ) shares are trading higher Tuesday after used car prices rose to the highest point since summer 2023.\nCox Automotive's Manheim Used Vehicle Value Index ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/26/04/51683372/hertz-shares-surge-on-rising-used-car-prices\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HTZ","symbol_name":"赫兹租车","start_time":0,"source_url":"https://www.benzinga.com/trading-ideas/movers/26/04/51683372/hertz-shares-surge-on-rising-used-car-prices","article_id":"2625954877","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/04/07/HertzGothenburg--Sweden---April-14--2020.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/trading-ideas/movers/26/04/51683372/hertz-shares-surge-on-rising-used-car-prices","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2625954877","pubTimestamp":1775574900,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Hertz Global Holdings, Inc. (NASDAQ:HTZ) shares are trading higher Tuesday after used car prices rose to the highest point since summer 2023.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"HTZ":"赫兹租车","BK4585":"ETF&股票定投概念","BK4230":"旅客陆运","BK4022":"陆运"},"translate_title":"二手车价格上涨赫兹股价飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HTZ":1},"content_text":"Hertz Global Holdings, Inc. (NASDAQ:HTZ) shares are trading higher Tuesday after used car prices rose to the highest point since summer 2023.\nCox Automotive's Manheim Used Vehicle Value Index increased 6.2% last month compared with a year earlier, reaching its highest level since the summer of 2023, according to CNBC.\nThe index, which tracks prices of used vehicles sold at U.S. wholesale auctions, reflects continued strength in the market.\nCox Automotive said demand for used vehicles remains strong despite geopolitical tensions, high gas prices and the Iran war, while inventory levels remain relatively tight. Supply for used vehicles fell below 40 days in March, marking the lowest level in 2026 and declining from year-ago levels.\nRetail prices typically follow wholesale price trends, with Cox forecasting used vehicle prices to rise at a stable rate of about 2% this year. 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