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Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep...
AOL· 7 days agoHertz is hurting. The company was expecting a challenging first quarter, but it got more than it bargained for: It reported a $392 million adjusted net loss on Thursday. Despite ...
Hertz is ditching even more electric cars
Quartz· 6 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 intends to sell...
The Car Dealer Where You Can Find A $25,000 Tesla Just Got Upgraded After Record Quarter
Investor's Business Daily· 3 hours agoIt has a year-to-date gain of 65% through Wednesday's close, and was trading just below it's March...
EV prices fall as Hertz reduces fleet - but charging concerns remain
dpa international via Yahoo News· 2 days agoPlanning on buying a hybrid or electric car? The good news is that not only have manufacturers such...
Hertz To Sell Off Even More EVs As Depreciation Losses Mount
InsideEVs· 6 days agoAmerican rental car giant Hertz saw the way the car market was going and decided to invest in...
Major car rental company selling off 10,000 EVs to buy petrol motors instead
The US Sun· 3 days agoA MAJOR car rental company is selling off 10,000 of its EV fleet to buy petrol motors instead amid...
Hertz to Offload 30K EVs This Year, Deepens Cuts Amid Mounting Fleet Losses - EconoTimes
EconoTimes· 6 days agoIn a recent financial revelation, Hertz disclosed continued losses from its electric vehicle (EV)...
Estero-based Hertz will sell off more EVs as it looks to reduce costs and right-size fleet
The News-Press· 6 days agoHertz has upsized its sale of electric vehicles, as it looks to improve its financial performance....
Hertz says it lost another $195M from EV bet
Fox Business via AOL· 6 days 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...
Sky-High Depreciation And Massive Repair Bills Force Hertz To Sell 30,000 EVs
Jalopnik· 1 day agoIf you’re looking to pick up a used electric car bargain, then your luck may be in as Hertz is about...