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Hertz Global shares hold as Deutsche Bank cuts price target to $4.8 from $6 By Investing.com
Investing.com· 3 hours agoOn Monday, Deutsche Bank adjusted its outlook on Hertz Global (NASDAQ:HTZ), reducing the car rental...
Strangest car rental case ever: Hertz banned my father. Why can’t I rent a car?
The Sacramento Bee· 3 hours agoEric Siegel has a strange problem: Hertz has banned him from renting because of something he didn’t do.
Hertz Global eyes worst day on record as EV rental business falters
Reuters via AOL· 4 days agoShares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage fall on...
Why Hertz Stock Plunged Today
Motley Fool via Yahoo Finance· 4 days agoShares of Hertz Global Holdings (NASDAQ: HTZ) were tumbling today after the car rental giant posted disappointing results in its first-quarter earnings,...
Hertz to Offload 30K EVs This Year, Deepens Cuts Amid Mounting Fleet Losses - EconoTimes
EconoTimes· 3 days agoIn a recent financial revelation, Hertz disclosed continued losses from its electric vehicle (EV)...
Hertz loses another $200 million from its EVs
Yahoo Finance· 4 days 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...
Hertz Global Holdings Inc (HTZ) Faces Financial Headwinds in Q1 2024, Misses Analyst Estimates
GuruFocus.com via Yahoo Finance· 4 days agoLiquidity: Corporate liquidity stood at $1.3 billion as of March 31, 2024, crucial for navigating...
Hertz To Sell Off Even More EVs As Depreciation Losses Mount
InsideEVs· 3 days agoAmerican rental car giant Hertz saw the way the car market was going and decided to invest in...
Hertz Stock Sinks on Earnings. Its Fleet of Tesla EVs Is the Big Issue.
Barrons.com· 4 days agoHertz stock sank Thursday after the rental car company reported a steeper-than-expected loss. A year...
Hertz is ditching even more electric cars
Quartz· 3 days agoHertz is ditching more of its fleet of electric vehicles, which it says are unreliable and more expensive than gas-guzzlers, as it reports a $392 million...