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Major car rental company selling off 10,000 EVs to buy petrol motors instead
The US Sun· 7 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· 7 hours agoHertz reveals it will reduce its EV fleet by an additional 10,000 cars, after suffering...
Hertz’s Soured EV Bet Drags Down Post-Bankruptcy Stock
The Wall Street Journal· 3 hours agoThe rental-car company maintained equity value throughout bankruptcy, but the painful reversal of...
You can get a crazy good deal on a used Tesla from Hertz right now — but know these risks
Business Insider via Yahoo News· 4 days agoHigh-mileage EVs, like these for sale from Hertz, can be a red flag.Hertz; Neil Godwin/T3...
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 intends to sell...
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 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 is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep...
Fortune via Yahoo Finance· 4 days agoHertz is hurting. The company was expecting a challenging first quarter, but it got more than it...
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
Hertz continues to feel EV losses, plans to dump more from its fleet
Teslarati· 4 days agoHertz (NASDAQ: HTZ) reported its earnings for the first quarter of 2024 today, announcing that it is...