Hertz CEO Says Rebounding Business Travel Could Tighten an Already-Constrained Used Car Market

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

“Corporate business is trending upwards, make no mistake about it,” Scherr said in an interview on “Mad Money.”

"When that happens, I think there's more demand here then what we're experiencing right now, and right now, this is a demand-supply issue, which is demand is outstripping the amount of fleet that the industry, no less Hertz, has," he added.

Hertz reported better-than-expected earnings and revenue in its latest quarter, according to StreetAccount. The rental car company said in its quarterly earnings call that it is"experiencing the impact of constraints on the supply of new vehicles as well as certain inflationary cost pressures," and that issues with obtaining enough supply to meet demand could last into 2023.Bet Against ‘Superstar' Executives Like Mark Zuckerberg and Tim Cook at Your Own Peril, Jim Cramer Warns

However, the rebound of business travel is still in its early stages compared to leisure travel, Scherr said. "If you just decompose demand, leisure traveler 90-some odd percent back relative to 2019. Business or corporate travel only 63% back. And … non-U.S. travelers, so people coming from Europe or Asia into the United States, only 35% back," he said.Disclaimer

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

We don't buy bitcoin We earn bitcoin From Mining I'm ready to show 10 lucky people how to earn 0.1BTC ($4,000) and more daily! No referral No withdrawal fees If interested, kindly send a DM

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 288. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Boeing CEO Dave Calhoun says company probably shouldn't have made Trump-era Air Force One dealThe company has already lost $660 million developing the two 747 jets for the fleet following a 2018 deal Trump made with the company that makes Boeing foot the bill for all cost changes in the development process. So Trump was not that stupid after all? So anyone else think Trump sold some or all of this information to Russia? No
แหล่ง: CBSNews - 🏆 87. / 68 อ่านเพิ่มเติม »

Inside the industry: Why the Hertz/Polestar deal could work | AutocarInside the industry: Why the Hertz/Polestar deal could work. Jim_Holder says that bulk-selling to rental fleets was once a death knell for a brand, but not any more in the EV world
แหล่ง: autocar - 🏆 93. / 67 อ่านเพิ่มเติม »