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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)...
Why Hertz Stock Plunged Today
Motley Fool via Yahoo Finance· 5 days agoShares of Hertz Global Holdings (NASDAQ: HTZ) were tumbling today after the car rental giant posted disappointing results in its first-quarter earnings,...
Estero-based Hertz will sell off more EVs as it looks to reduce costs and right-size fleet
The News-Press via Yahoo Finance· 4 days agoHertz has upsized its sale of electric vehicles, as it looks to improve its financial performance....
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...
Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep...
Fortune via Yahoo Finance· 5 days agoHertz is hurting. The company was expecting a challenging first quarter, but it got more than it...
Hertz is ditching even more electric cars
Quartz· 4 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 Global Holdings First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Simply Wall St. via Yahoo Finance· 4 days agoHertz Global Holdings (NASDAQ:HTZ) First Quarter 2024 Results Key Financial Results Revenue:...
Hertz Reports $392 Million Loss as It Unwinds Tesla Fleet Burden
Bloomberg· 5 days agoHave a confidential tip for our reporters? Hertz Global Holdings Inc. reported a loss that was...
Hertz To Sell Off Even More EVs As Depreciation Losses Mount
InsideEVs· 4 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· 5 days agoHertz stock sank Thursday after the rental car company reported a steeper-than-expected loss. A year...
