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Hertz is ditching even more electric cars
Quartz· 3 days agoThe Estero, Florida-based rental car company said it plans to get rid of 10,000 more EVs than it initially planned this year. Now Hertz
Hertz To Sell Off Even More EVs As Depreciation Losses Mount
InsideEVs· 3 days agoAmerican rental car giant Hertz saw the way the car market was going and decided to invest in...
Rental Car Market Outlook Spans Strong Macros and Mixed Micros
Auto Rental News· 5 days agoJohn Healy, the managing director, and equity research analyst covering the business services sector...
Hertz Stock Sinks on Earnings. Its Fleet of Tesla EVs Is the Big Issue.
Barrons.com· 4 days agoHertz stock sank Thursday after the rental car company reported a steeper-than-expected loss. A year...
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 is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep...
Fortune via AOL· 4 days agoHertz is hurting. The company was expecting a challenging first quarter, but it got more than it...
Hertz Global misses earnings expectations as fleet costs weigh By Investing.com
Investing.com· 4 days agoHertz Global (HTZ) reported a challenging first quarter of 2024, with financial results falling...
Hertz Reports $392 Million Loss | Transport Topics
Transport Topics· 4 days agoThe company said it lost $1.28 a share, or $392 million, against analyst expectation for a loss of 44 cents a share. The car rental company took a $195...
Hertz says it lost another $195M from EV bet
AOL· 3 days agoHertz said Thursday that the rental car giant's failed investment in an electric vehicle fleet continues to be an expensive mistake, ...
Why Hertz Stock Plunged Today
Motley Fool via Yahoo Finance· 4 days agoET. Image source: Getty Images. Hertz is still short-circuiting Hertz's revenue in the quarter rose 2% year over year...Hertz took a ...