ab 17 August 2026 Global Research LatAm Transport and Capital Goods Daily Take-Off: RENT, MOVI, VLRS, ASUR, GAP, OMA, TUPY, MYPK, POMO, RAPT Car rentals: 2Q26 update: increasing depreciation partly offset by daily prices We remain cautious on the Brazilian car rental industry. In our March note, we highlighted the risk of increasing depreciation; as of August, this is no longer merely a risk, as higher depreciation for an extended period has become a reality and we expect the second wave of Chinese OEMs, to ...