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Hertz continues to feel EV losses, plans to dump more from its fleet
Teslarati· 7 days agoHertz (NASDAQ: HTZ) reported its earnings for the first quarter of 2024 today, announcing that it is...
Estero-based Hertz will sell off more EVs as it looks to reduce costs and right-size fleet
The News-Press via Yahoo Finance· 6 days agoIn the quarter, Hertz incurred a $195 million charge related to the reduction in its EV fleet. That...
Hertz Global shares hold as Deutsche Bank cuts price target to $4.8 from $6 By Investing.com
Investing.com· 3 days agoOn Monday, Deutsche Bank adjusted its outlook on Hertz Global (NASDAQ:HTZ), reducing the car rental...
Europe’s automakers off to a weak start for 2024, EV sales a problem for some
Market Watch· 2 days agoAlongside lower car sales and supply-chain bottlenecks, the automaker reported weakness for electric...
Colorado advances bill seeking funding for Front Range rail project
Railway Technology via Yahoo Finance· 6 days agoThe funding measure included in SB21-184 includes a $3 per day fee on rental cars, or $2 per day for...
Hertz Global misses earnings expectations as fleet costs weigh By Investing.com
Investing.com· 7 days agoHertz Global (HTZ) reported a challenging first quarter of 2024, with financial results falling...
Estero-based Hertz will sell off more EVs as it looks to reduce costs and right-size fleet
The News-Press· 6 days agoHertz has upsized its sale of electric vehicles, as it looks to improve its financial performance....
Hertz Loses $392 Million Due To EV Depreciation
Auto Spies· 7 days agoThe company said it lost $1.28 a share, or $392 million, against analyst expectation for a loss of 44 cents a share. The car rental company took a $195 ...
Hertz’s stock is having an awful week, and BofA adds to investors’ misery
Market Watch· 6 days agoBofA analyst John Babcock downgraded the stock to underperform from neutral. One of the biggest...
Here’s why the Hertz and Avis Budget stocks are tumbling | Invezz
Invezz· 7 days agoHertz crashed by over 17%, bringing the year-to-date losses to over 54%. Avis, on the other hand,...