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Dissecting the Markets is finally back! After a brief hiatus, we've come back with a lot more content and will be releasing new episodes every day during the summer.
Before COVID-19, the car rental industry was struggling as more people went for ride-sharing services over car rentals mainly because the convenience of getting a ride when you want wherever you are was cheaper than renting a car. With COVID-19, with economic activity plunging and very little traveling due to the pandemic, many businesses are left to deal with $0 in revenue for months. With the second-largest US car rental company, Hertz, filing for bankruptcy, the car industry will look a lot different than was before.
This pandemic and Hertz's bankruptcy can be seen as a good thing for other car rental companies. Listen to this episode to learn more!
Also, check out the Dissecting the Markets blog! We're releasing new blog posts every day!
*This is not financial advice. All content should be considered opinionated. We are not responsible for any of your gains and losses. I am neither a licensed or registered financial expert. Please see a financial advisor before making investment decisions.
By Hardwood TileDissecting the Markets is finally back! After a brief hiatus, we've come back with a lot more content and will be releasing new episodes every day during the summer.
Before COVID-19, the car rental industry was struggling as more people went for ride-sharing services over car rentals mainly because the convenience of getting a ride when you want wherever you are was cheaper than renting a car. With COVID-19, with economic activity plunging and very little traveling due to the pandemic, many businesses are left to deal with $0 in revenue for months. With the second-largest US car rental company, Hertz, filing for bankruptcy, the car industry will look a lot different than was before.
This pandemic and Hertz's bankruptcy can be seen as a good thing for other car rental companies. Listen to this episode to learn more!
Also, check out the Dissecting the Markets blog! We're releasing new blog posts every day!
*This is not financial advice. All content should be considered opinionated. We are not responsible for any of your gains and losses. I am neither a licensed or registered financial expert. Please see a financial advisor before making investment decisions.