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Major car rental company selling off 10,000 EVs to buy petrol motors instead
The US Sun· 1 day agoA MAJOR car rental company is selling off 10,000 of its EV fleet to buy petrol motors instead amid...
Hertz continues to feel EV losses, plans to dump more from its fleet
Teslarati· 5 days agoHertz (NASDAQ: HTZ) reported its earnings for the first quarter of 2024 today, announcing that it is...
Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep...
AOL· 5 days agoHertz is hurting. The company was expecting a challenging first quarter, but it got more than it bargained for: It reported a $392 million adjusted net loss on Thursday. Despite ...
Compared to Estimates, Hertz Global (HTZ) Q1 Earnings: A Look at Key Metrics
Zacks via Yahoo Finance· 5 days agoThe headline numbers for Hertz Global (HTZ) give insight into how the company performed in the...
Hertz Stock Plunges 19% as It Continues to Lose Money on Ill-Fated Tesla EV Plan
Investopedia· 6 days agoHertz Global Holdings (HTZ) shares cratered after the rental car giant said it will incur an...
Hertz Faces Tough Road Ahead: High Fleet Costs, Liquidity Concerns Trigger Downgrades - Hertz Global...
Benzinga· 4 days agoHertz Global Holdings, Inc HRZ reported first-quarter FY24 sales growth of 1.6% year-on-year to...
Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep...
Fortune· 5 days agoThe rental car company plans to dispose of an additional 10,000 EVs than initially planned—intending to sell 30,000 total in 2024. It incurred a $195 million charge because of the depreciation ...
Another Blow To Tesla? Hertz's EV Disposal Plan Jumps By 10K As Car-Rental Company Aims For 95%...
Benzinga· 5 days agoCar rental company Hertz Global Holdings HTZ is now looking to remove 30,000 electric vehicles from...
Hertz Global Holdings Inc (HTZ) Faces Financial Headwinds in Q1
Guru Focus· 5 days agoHertz Global Holdings Inc (HTZ, Financial) disclosed its financial results for the first quarter of 2024 on April 25, 2024, revealing a challenging period for the company.
Hertz says it lost another $195M from EV bet
AOL· 4 days agoHertz said Thursday that the rental car giant's failed investment in an electric vehicle fleet continues to be an expensive mistake, reporting it lost another $195 million ...