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Hertz reports $392 million loss as it unwinds Tesla fleet
Detroit News· 5 days agoInc. models that have weighed on profits for the past year. The company said it lost $1.28 a share,...
Hertz says it lost another $195M from EV bet
AOL· 4 days agoHertz said Thursday that the rental car giant's failed investment in an electric vehicle fleet continues to be an expensive mistake, ...
Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep...
Fortune· 5 days agoThe rental car company plans to dispose of an additional 10,000 EVs than initially planned—intending to sell 30,000 total in 2024. It incurred a $195 million ...
How Car Rentals With Debit Cards Work - NerdWallet
Nerdwallet· 5 days agoThe process of renting a car is no joyride. Why do car rental companies want you to pay with a credit card? If the rental< ...
Rental Car Market Outlook Spans Strong Macros and Mixed Micros
Auto Rental News· 6 days agoJohn Healy, the managing director, and equity research analyst covering the business services sector...
Here’s why the Hertz and Avis Budget stocks are tumbling | Invezz
Invezz· 5 days agoHertz crashed by over 17%, bringing the year-to-date losses to over 54%. Avis, on the other hand,...
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 Reports $392 Million Loss | Transport Topics
Transport Topics· 5 days agoInc. models that have weighed on profits for the past year. The company said it lost $1.28 a share, or $392 million, against analyst expectation for a...
Hertz to sell 10,000 more EVs than planned, and stock suffers record plunge
Morningstar· 5 days agoShares of Hertz Global Holdings Inc. resumed their selloff on Thursday, after the rental car company reported a much wider-than-expected ...
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...