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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...
Major car rental company selling off 10,000 EVs to buy petrol motors instead
The US Sun· 19 hours agoA MAJOR car rental company is selling off 10,000 of its EV fleet to buy petrol motors instead amid...
Hertz Reports $392 Million Loss | Transport Topics
Transport Topics· 5 days agoHertz Global Holdings Inc. reported a loss that was nearly three times worse than analysts expected as it accelerated sales of electric vehicles to...
Hertz loses another $200 million from its EVs
AOL· 5 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 ...
Estero-based Hertz will sell off more EVs as it looks to reduce costs and right-size fleet
The News-Press· 4 days agoHertz has upsized its sale of electric vehicles, as it looks to improve its financial performance....
Hertz reports $392 million loss as it unwinds Tesla fleet
Detroit News· 5 days agoHertz Global Holdings Inc. reported a loss that was nearly three times worse than analysts expected...
HERTZ REPORTS FIRST QUARTER 2024 RESULTS
The Martinsburg Journal· 5 days ago"Fleet and direct operating costs weighed on this quarter's performance," said Gil West, Hertz chief executive officer. Additionally, of the $339 per unit increase, $119 was related to EVs held for sale.
Hertz Global misses earnings expectations as fleet costs weigh By Investing.com
Investing.com· 5 days agoHertz Global (HTZ) reported a challenging first quarter of 2024, with financial results falling...
3 Stocks That Wall Street Is Quietly Snapping Up Right Now
InvestorPlace via Yahoo Finance· 6 days agoSeeing which stocks Wall Street is buying isn’t a foolproof investment strategy. Still, retail...
BofA cuts Hertz stock target to $3 from $9, downgrades to underperform By Investing.com
Investing.com· 4 days agoOn Friday, BofA Securities adjusted its stance on Hertz (NASDAQ:HTZ) Global shares (NASDAQ:HTZ),...