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Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep...
Fortune via Yahoo Finance· 2 weeks ago“Our approach is very strategic and very deliberate in terms of how we want to disrupt ourselves and...
Hertz to Offload 30K EVs This Year, Deepens Cuts Amid Mounting Fleet Losses - EconoTimes
EconoTimes· 2 weeks agoIn a recent financial revelation, Hertz disclosed continued losses from its electric vehicle (EV)...
Hertz Reports $392 Million Loss as It Unwinds Tesla Fleet Burden
Bloomberg· 2 weeks agoHave a confidential tip for our reporters? Hertz Global Holdings Inc. reported a loss that was...
Hertz To Sell Off Even More EVs As Depreciation Losses Mount
InsideEVs· 2 weeks agoAmerican rental car giant Hertz saw the way the car market was going and decided to invest in...
Hertz continues to feel EV losses, plans to dump more from its fleet
Teslarati· 2 weeks agoHertz (NASDAQ: HTZ) reported its earnings for the first quarter of 2024 today, announcing that it is...
After Years in the Cold, Venezuela Is Ready to Talk About Its Debt Pile
Bloomberg· 1 week agoWith $154 billion of debt, any restructuring of the South American nation is going to be complex
Rental car giant confirms it's selling off 30k EVs after $392 million loss
The US Sun· 3 days agoHERTZ rental car company has revealed that it's reducing its collection of EVs after realizing...
Hertz’s Soured EV Bet Drags Down Post-Bankruptcy Stock
The Wall Street Journal· 1 week agoThe rental-car company maintained equity value throughout bankruptcy, but the painful reversal of...
Door ding results in total loss: a Fisker Ocean story
Boing Boing· 1 week agoBuying an EV from a new start-up automaker can lead to a lot of trouble. The Fisker Ocean receives terrible reviews, and this purchaser's experience really puts a bow on…