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Hertz is ditching even more electric cars
Quartz· 3 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 To Sell Off Even More EVs As Depreciation Losses Mount
InsideEVs· 3 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· 4 hours agoHertz has upsized its sale of electric vehicles, as it looks to improve its financial performance....
Hertz to Offload 30K EVs This Year, Deepens Cuts Amid Mounting Fleet Losses - EconoTimes
EconoTimes· 11 hours agoIn a recent financial revelation, Hertz disclosed continued losses from its electric vehicle (EV)...
Hertz Stock Sinks on Earnings. Its Fleet of Tesla EVs Is the Big Issue.
Barrons.com· 1 day agoHertz stock sank Thursday after the rental car company reported a steeper-than-expected loss. A year...
Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep...
Fortune via Yahoo Finance· 20 hours agoHertz is hurting. The company was expecting a challenging first quarter, but it got more than it...
You can get a crazy good deal on a used Tesla from Hertz right now — but know these risks
Business Insider via Yahoo News· 1 day agoHigh-mileage EVs, like these for sale from Hertz, can be a red flag.Hertz; Neil Godwin/T3...
Hertz loses another $200 million from its EVs
Yahoo Finance· 1 day 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· 1 day agoHertz (NASDAQ: HTZ) reported its earnings for the first quarter of 2024 today, announcing that it is...
Hertz reports $392 million loss as it unwinds Tesla fleet
Detroit News· 1 day agoThe company said it lost $1.28 a share, or $392 million, against analyst expectation for a loss of...