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Hertz Is Selling Off More Electric Vehicles after Major Losses
Autoweek via Yahoo Finance· 19 hours agoThe rental giant is rushing to unload more of its electric cars, after taking substantial hits in...
Hertz to Offload 30K EVs This Year, Deepens Cuts Amid Mounting Fleet Losses - EconoTimes
EconoTimes· 4 days agoIn a recent financial revelation, Hertz disclosed continued losses from its electric vehicle (EV)...
Hertz is ditching even more electric cars
Quartz· 4 days agoHertz is ditching more of its fleet of electric vehicles, which it says are unreliable and more expensive than gas-guzzlers, as it reports ...
Estero-based Hertz will sell off more EVs as it looks to reduce costs and right-size fleet
The News-Press· 4 days agoHertz has upsized its sale of electric vehicles, as it looks to improve its financial performance....
Hertz reports $392 million loss as it unwinds Tesla fleet
Detroit News· 5 days agoThe company...share. The car rental company took a $195 million charge for the depreciation of an...
Hertz’s Soured EV Bet Drags Down Post-Bankruptcy Stock
The Wall Street Journal· 15 hours agoThe rental-car company maintained equity value throughout bankruptcy, but the painful reversal of...
Hertz To Sell Off Even More EVs As Depreciation Losses Mount
InsideEVs· 4 days agoUnfortunately, a complicated...in 2023 that led to massive depreciation and higher repair costs—have...
Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep...
Fortune via Yahoo Finance· 5 days agoHertz is hurting. The company was expecting a challenging first quarter, but it got more than it...
Hertz continues to feel EV losses, plans to dump more from its fleet
Teslarati· 5 days agoHertz (NASDAQ: HTZ) reported its earnings for the first quarter of 2024 today, announcing that it is...
You can get a crazy good deal on a used Tesla from Hertz right now — but know these risks
Business Insider via Yahoo News· 5 days agoHigh-mileage EVs, like these for sale from Hertz, can be a red flag.Hertz; Neil Godwin/T3...