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Hertz’s Soured EV Bet Drags Down Post-Bankruptcy Stock
The Wall Street Journal· 3 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· 7 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· 11 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· 11 hours agoEric Siegel has a strange problem: Hertz has banned him from renting because of something he didn’t do.
Major car rental company selling off 10,000 EVs to buy petrol motors instead
The US Sun· 7 hours agoA MAJOR car rental company is selling off 10,000 of its EV fleet to buy petrol motors instead amid...
Hertz says it lost another $195M from EV bet
Fox Business via Yahoo Finance· 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...
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· 4 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 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...