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Major car rental company selling off 10,000 EVs to buy petrol motors instead
The US Sun· 5 hours agoA MAJOR car rental company is selling off 10,000 of its EV fleet to buy petrol motors instead amid...
Hertz Is Selling Off More Electric Vehicles after Major Losses
AutoWeek· 4 hours agoHertz reveals it will reduce its EV fleet by an additional 10,000 cars, after suffering...
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
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...
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...
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
AOL· 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· 4 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 ...
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, ...
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...