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home / news releases / CARS - Time bomb ticking in used car market


CARS - Time bomb ticking in used car market

  • After a 34% drop in April, used car prices could plummet further if Hertz Global (NYSE:HTZ) files bankruptcy and floods the market with used cars. Option B is also a negative for the industry as Hertz lenders Deutsche Bank and Barclays could allow Hertz to unload some of its fleet to pay bills, instead of a full bankruptcy filing.
  • More news on: Hertz Global Holdings, Inc., Lithia Motors, Inc., AutoNation, Inc.,
  • Read more ...
Stock Information

Company Name: Cars.com Inc.
Stock Symbol: CARS
Market: NYSE
Website: investor.cars.com

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