Levi & Korsinsky notifies investors that it has commenced an investigation into Avis Budget Group, Inc. (NASDAQ: CAR) concerning potential violations of the federal securities laws.
The Q4 2025 loss was driven in significant part by a material write-down of the company's electric vehicle fleet. The EV-fleet impairment directly reduced the value of vehicles pledged as collateral for $965 million in asset-backed securities issued by the company's Interpace Funding LLC subsidiary on December 30, 2025. In a January 5, 2026, 8-K filing describing the notes as "secured ... by certain vehicles in our domestic fleet and other related assets," the filing did not reference the EV-fleet write-down recorded in the same reporting period. The $856 million net loss and the adjusted loss of $747 million represented a sharp deterioration in the company's financial condition. Earlier in 2025, then-CFO Izzy Martins had told investors on the Q1 earnings call: "We do not expect any further fleet-related charges from this change in strategy." The company subsequently recorded the material Q4 EV-fleet write-down.
If you suffered a loss on your Avis Budget Group, Inc. securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
Tell us the stocks you own using SnapTrade, and we will keep you informed about class action litigation related to your stocks.
We monitor critical case developments that may affect the price of your shares and your possible monetary recovery.
SnapTrade only shares the tickers you own and your transaction history — not your account numbers. Using SnapTrade and participating in our monitoring service is free and does not create an attorney-client relationship or obligation on your part.
Don’t miss out on possible monetary recovery — link your brokerage account with SnapTrade.