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Hertz says it lost another $195M from EV bet
Fox Business via AOL· 9 hours 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 is ditching even more electric cars
Quartz· 11 hours 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’s stock is having an awful week, and BofA adds to investors’ misery
Market Watch· 8 hours agoBofA analyst John Babcock downgraded the stock to underperform from neutral. One of the biggest...
Estero-based Hertz will sell off more EVs as it looks to reduce costs and right-size fleet
The News-Press· 12 hours agoHertz has upsized its sale of electric vehicles, as it looks to improve its financial performance....
Hertz Global Holdings First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Simply Wall St. via Yahoo Finance· 14 hours agoHertz Global Holdings (NASDAQ:HTZ) First Quarter 2024 Results Key Financial Results Revenue:...
Hertz to Offload 30K EVs This Year, Deepens Cuts Amid Mounting Fleet Losses - EconoTimes
EconoTimes· 19 hours agoIn a recent financial revelation, Hertz disclosed continued losses from its electric vehicle (EV)...
Hertz To Sell Off Even More EVs As Depreciation Losses Mount
InsideEVs· 11 hours agoAmerican rental car giant Hertz saw the way the car market was going and decided to invest in...
Why Hertz Stock Plunged Today
Motley Fool via Yahoo Finance· 1 day agoShares of Hertz Global Holdings (NASDAQ: HTZ) were tumbling today after the car rental giant posted disappointing results in its first-quarter earnings,...
Hertz Faces Tough Road Ahead: High Fleet Costs, Liquidity Concerns Trigger Downgrades - Hertz Global...
Benzinga· 5 hours 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 via Yahoo Finance· 1 day agoHertz is hurting. The company was expecting a challenging first quarter, but it got more than it...
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