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Major car rental company selling off 10,000 EVs to buy petrol motors instead
The US Sun· 9 hours agoA MAJOR car rental company is selling off 10,000 of its EV fleet to buy petrol motors instead amid...
Hertz’s Soured EV Bet Drags Down Post-Bankruptcy Stock
The Wall Street Journal· 5 hours agoThe rental-car company maintained equity value throughout bankruptcy, but the painful reversal of...
Hertz Is Selling Off More Electric Vehicles after Major Losses
AutoWeek· 9 hours agoHertz reveals it will reduce its EV fleet by an additional 10,000 cars, after suffering...
Hertz Global shares hold as Deutsche Bank cuts price target to $4.8 from $6 By Investing.com
Investing.com· 13 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· 13 hours agoEric Siegel has a strange problem: Hertz has banned him from renting because of something he didn’t do.
Hertz says it lost another $195M from EV bet
Fox Business via AOL· 3 days agoHertz Global reported higher-than-expected quarterly losses on Thursday, which sent shares down by more than 24%. The company's total losses were $588...
Hertz to Offload 30K EVs This Year, Deepens Cuts Amid Mounting Fleet Losses - EconoTimes
EconoTimes· 4 days agoIn a recent financial revelation, Hertz disclosed continued losses from its electric vehicle (EV)...
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...
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· 5 days agoLiquidity: Corporate liquidity stood at $1.3 billion as of March 31, 2024, crucial for navigating...