Search results
Hertz's embrace of Teslas isn't going so well
Business Insider via Yahoo News· 8 months agoHertz is running into unexpected challenges as it looks to electrify more of its rental fleet. Brandon Bell/Getty Images Hertz is slowing down plans to...
Hertz will sell a third of its EV fleet to buy gasoline cars instead
Detroit Free Press via Yahoo Finance· 5 months agoRental car company giant Hertz, which made big news in 2022 when it announced it planned to buy...
Hertz hits the brakes on its EV rollout plan due to unforeseen issue with Tesla models: ‘[It’s a]...
The Cool Down via Yahoo News· 6 months agoRental car company Hertz is scaling back its plans to integrate more EVs into its fleet, citing high...
Hertz’s electric vehicle and CEO about-face is the latest twist after a COVID bankruptcy filing and...
Fortune via Yahoo Finance· 3 months agoIt seemed like a good idea at the time. Now we know better. Hertz, reeling from a bankruptcy and the...
Hertz Rental Fleet to Add 175,000 GM Electric Vehicles
Car and Driver via Yahoo News· 2 years agoIn the coming five years, Hertz will be adding some 175,000 General Motors EVs—everything from...
Hertz went all in on Tesla — and is paying the price
Yahoo Finance via AOL· 4 months agoHertz stock recovered in midday trade following an early slide as the company reported a wider-than-expected fourth quarter loss due to its exposure to...
Hertz loses another $200 million from its EVs
Yahoo Finance via AOL· 2 months agoCar rental operator Hertz (HTZ) reported it lost another $200 million due to its EV gamble. In its first quarter earnings report, Hertz said it “upsized”...
Teslas crash more than gas-powered cars. Here’s why
CNN Business via Yahoo Finance· 5 months agoHertz recently announced it was selling 20,000 electric cars out of its fleet, and replacing them with gasoline vehicles. One reason the company gave was...
Hertz reports record revenue for the third quarter, but takes a hit from higher EV costs
The News-Press via Yahoo Finance· 8 months agoFor Hertz, electrifying the fleet has proved to be a bumpy road. While the Estero-based rental car...
Hertz announces purchase of 175,000 electric vehicles from GM over next 5 years
The News-Press via Yahoo News· 2 years agoBy next year, Hertz's customers may have a tougher time choosing an electric vehicle to rent. That's...