Billionaire investor Bill Ackman has made a surprise move into the car rental world — and investors are paying attention. Ackman's Pershing Square Capital Management now has a 20 per cent stake in Hertz. He is betting on the value of the company's half a million cars to soar in value as used vehicle prices jump on the back of President Trump's auto tariffs.'Hertz is uniquely well-positioned in the current tariff environment,' Ackman said in the X post.
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