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CAR News Today: Stay Updated with the Latest Avis Budget Group, Inc. News in Real Time

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CARNASDAQ
IndustrialsRental & Leasing Services
$183.80
$4.70(2.62%)
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Japan’s Housing Loans Face Pressure as Bank of Japan Raises Rates to 1.0%, June 11
📅 in about 4 hours

Japan’s Housing Loans Face Pressure as Bank of Japan Raises Rates to 1.0%, June 11

Bank of Japan raises rates to 1.0% on June 15. Fixed mortgage rates climb to 3.21%, while variable rates remain vulnerable to future increases.

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Eurowings Faces Middle East Flight Cuts as Germany Backs Aviation Strategy, June 10
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Eurowings Faces Middle East Flight Cuts as Germany Backs Aviation Strategy, June 10

Germany launches 15-year aviation strategy with €2B SAF support. Eurowings adjusts routes amid regional challenges.

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ASX Blue-Chip Stocks Plunge $60B in Value Over 12 Months, June 11
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ASX Blue-Chip Stocks Plunge $60B in Value Over 12 Months, June 11

CSL, Cochlear, WiseTech and Xero have fallen 60% in 12 months, losing $60 billion in combined market value on the ASX.

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CME Launches Nasdaq Crypto Index Futures, June 10
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CME Launches Nasdaq Crypto Index Futures, June 10

CME Group launches Nasdaq CME Crypto Index futures covering Bitcoin, Ethereum, Solana, and five other cryptocurrencies with regulated settlement.

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NVIDIA Corp (NVDA -0.22% / -1.78% Pre-Market) Leads AI Chip Stocks Drop as AMD (-3.02%), Intel (-2.13%), and Micron (-1.41%) Decline 
📅 42 minutes ago

NVIDIA Corp (NVDA -0.22% / -1.78% Pre-Market) Leads AI Chip Stocks Drop as AMD (-3.02%), Intel (-2.13%), and Micron (-1.41%) Decline 

NVIDIA shares fell 1.78% in pre-market trading on June 10, 2026, leading a broader decline across AI chip stocks. AMD dropped 3.02%, while Intel and Micron also traded lower as investors reacted to renewed concerns over inflation, interest rates, and technology valuations.  The selloff comes after a powerful AI-driven rally that pushed semiconductor stocks to…

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SK Hynix Eyes U.S. Listing as Early as August Amid Strong AI Stock Demand 
📅 2 hours ago

SK Hynix Eyes U.S. Listing as Early as August Amid Strong AI Stock Demand 

SK Hynix is moving closer to a major milestone in its global growth strategy. Reports on June 10, 2026, revealed that the South Korean memory-chip giant is considering a U.S. stock market listing as early as August.  The timing comes as artificial intelligence continues to fuel strong demand for advanced semiconductor companies. With investors pouring…

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China EV Exports Surge as Passenger Car Shipments Jump 73% to 809,000 in May
📅 3 hours ago

China EV Exports Surge as Passenger Car Shipments Jump 73% to 809,000 in May

China’s automotive sector delivered a powerful performance in May as EV exports and passenger vehicle shipments surged sharply. According to recent industry data, passenger car exports jumped 73% year on year, reaching approximately 809,000 units in May, marking one of the strongest monthly performances in recent years. The surge highlights China’s expanding dominance in the…

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SoftBank Stock (TYO:9984) Falls 10% as $6 Billion Loan Talks Linked to OpenAI Stake Stall
📅 4 hours ago

SoftBank Stock (TYO:9984) Falls 10% as $6 Billion Loan Talks Linked to OpenAI Stake Stall

SoftBank Stock came under significant pressure after reports emerged that discussions regarding a $6 billion loan package tied to a potential OpenAI-related investment had stalled. Investors reacted quickly to the news, sending shares of SoftBank Group down approximately 10% in one of the company’s largest single-session declines in recent months. The drop highlights growing concerns…

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Toyota Motor Corp (TYO: 7203) Slips 0.57% (-16 JPY) After Filing Latest Securities Report in Japan
📅 4 hours ago

Toyota Motor Corp (TYO: 7203) Slips 0.57% (-16 JPY) After Filing Latest Securities Report in Japan

Toyota Motor Corp shares declined 0.57% or 16 JPY in recent trading after the company submitted its latest securities report in Japan. While the decline was relatively modest, investors closely monitored the filing for insights into the automaker’s financial position, business strategy, and future growth outlook. The movement reflects the cautious sentiment currently present across…

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