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Hertz is ditching even more electric cars
Quartz· 20 hours 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 intends to sell...
Hertz says it lost another $195M from EV bet
Fox Business via AOL· 19 hours agoHertz Global reported higher-than-expected quarterly losses on Thursday, which sent shares down by more than 24%. The company's total losses were $588...
Hertz To Sell Off Even More EVs As Depreciation Losses Mount
InsideEVs· 20 hours agoAmerican rental car giant Hertz saw the way the car market was going and decided to invest in...
Estero-based Hertz will sell off more EVs as it looks to reduce costs and right-size fleet
The News-Press via Yahoo Finance· 21 hours agoHertz has upsized its sale of electric vehicles, as it looks to improve its financial performance....
Hertz Stock Sinks on Earnings. Its Fleet of Tesla EVs Is the Big Issue.
Barrons.com· 2 days agoHertz stock sank Thursday after the rental car company reported a steeper-than-expected loss. A year...
You can get a crazy good deal on a used Tesla from Hertz right now — but know these risks
Business Insider via Yahoo News· 2 days agoHigh-mileage EVs, like these for sale from Hertz, can be a red flag.Hertz; Neil Godwin/T3...
Hertz's stock is having an awful week, and BofA adds to investors' misery
Morningstar· 17 hours agoThe lowlight of the decline was Thursday's 19.3% tumble after the company reported a much wider-than-expected quarterly loss. BofA analyst John Babcock downgraded the stock to underperform from ...
Hertz to Offload 30K EVs This Year, Deepens Cuts Amid Mounting Fleet Losses - EconoTimes
EconoTimes· 1 day agoIn a recent financial revelation, Hertz disclosed continued losses from its electric vehicle (EV)...
Hertz loses another $200 million from its EVs
Yahoo Finance· 2 days agoCar rental operator Hertz (HTZ) reported it lost another $200 million due to its EV gamble. In its first quarter earnings report, Hertz
Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep...
Fortune via Yahoo Finance· 2 days agoHertz is hurting. The company was expecting a challenging first quarter, but it got more than it...
